Crude Oil Price and the 50 USD Benchmark for 2016
Most reputable financial organizations predicted a low price of crude for 2016.The World Bank in its January 2016 commodity forecast reported that the average spot price for crude will fall…
The Petroleum Industry Bill.2016 and Beyond
The Petroleum Industry bill(P.I.B) has been under legislative scrutiny for almost a decade.Originally commissioned by ex- President Olusegun Obasanjo in 2007.The PIB Working committee was given a mandate to review…
Petroleum Industry Governance Bill 2016
The Petroleum Industry Governance Bill (PIGB) was carved out of the PIB as part of the initiative to break up the Petroleum Industry Bill (P.I.B) into manageable chunks.The PIGB emerged…