New Nigerian Oil Law Set to Boost Revenue
The annual revenue from oil and gas operations is expected to shoot up to about U.S. $680 billion when the much-awaited Petroleum Industry Bill is passed into law.
Nigerian oil rig.
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Nigeria: New Law Expected to Boost Oil, Gas Revenue
This Day, 2 March 2011
Nigeria's annual revenue from oil and gas operations in the country is expected to shoot up to about $680 billion when the much-awaited Petroleum Industry Bill (PIB) is passed into ... read more »
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Nigeria: The Country's Daily Oil Revenue Exceeds N42.3 Billion, Says FG
Daily Independent, 1 March 2011
The government on Tuesday declared that Nigeria now earns N42.3 billion ($282 million) daily from crude oil as the price on the international market continues to soar. read more »
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Nigeria: Group Blasts Petroleum Ministry Over Alleged Spending On Bill
Vanguard, 1 March 2011
A transparency advocacy group, the Africa Network for Environment and Economic Justice, ANEEJ, yesterday, berated the Ministry of Petroleum Resources over an alleged spending of ... read more »
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Nigeria: Shell, Govt Officials in London to Water Down PIB
Daily Trust, 28 February 2011
There is a fresh move to water down the final version of the Petroleum Industry Bill (PIB) by some government officials and multinational oil companies led by the Shell Petroleum ... read more »
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