The Nigerian National Petroleum Corporation (NNPC) has urged the government to simplify the fiscal provisions in the Petroleum Industry Fiscal Bill (PIFB) to ensure easy implementation of the law for developing oil and gas industry
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Vitol-led consortium to buy Nigeria’s oil and gas assets
A consortium led by the Netherlands-based oil trader Vitol is planning to acquire stakes in Nigerian offshore fields, which are held by Brazils Petrobras and its partners
Eni and ICS Maugeri sign agreement to provide protection against toxic products
Eni and ICS Maugeri have signed an agreement to expand their partnership in toxicological emergency research, prevention and treatment to all the countries where Eni has oil and gas operations including Africa
Algeria to amend energy law in early 2019
Algeria is set to finalise long-anticipated energy law by early 2019, according to Mustapha Guitouni, energy minister of Algeria
OPEC’s meeting on 22 June likely to increase crude output
At the forefront of OPEC and non-OPEC meeting in Vienna on 22 June 2018, industry experts have forecasted that the oil-producing countries may abandon their historic supply pact in the second half of 2018 and raise oil output to meet global demand