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How oil companies evade over N258b gas flare penalty yearly
- June 9, 2020
- Posted by: Precious David
- Category: Uncategorized
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• FIRS Must Set Up An Oil And Gas Industry-specific Crack Team To Monitor Infractions – Ameh • JV Arrangements Fuelling Gas Flare Challenges – Bassey • Increase In Penalty Responsible For Discrepancies – Manufor • Inconsistent Gas Flare Figures Is Because Oil Companies Are Unwilling To Pay New Penalty Rate – Obi There are
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FG urged to establish independent protocols for auditing gas flares
- June 7, 2020
- Posted by: Precious David
- Category: Uncategorized
The Federal Government has been urged to set up independent gas flares reporting and auditing protocols to determine the exact volume of gas flared by oil companies in the country. Besides, the National Assembly should ensure that the volume of gas flared, attract the appropriate penalties and payment made a accordingly. In a paper presented by Solomon Adeleye,
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AfriTAL WEBINAR SERIES ON PIB (Petroleum Industry Bill): MYTHS AND REALITIES
- June 7, 2020
- Posted by: Precious David
- Category: Uncategorized
The Nigerian National Assembly has been asked to hasten the passage of the Petroleum Industry Bill (PIB). The call was part of the resolutions reached at the end of a webinar training on “Impact of Gas Flare on Oil Producing Communities and Discrepancies in Gas Flare Data – a Clarion Call to Action”, which was organized by African
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AfriTAL MEDIA AND CSOs GAS FLARE TRAINING
- May 8, 2020
- Posted by: Precious David
- Category: Uncategorized
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Group laments lack of blueprint to end gas flaring
- May 4, 2020
- Posted by: Precious David
- Category: Uncategorized
Nigeria Delta-based group, Centre for Environment, Human Rights and Development (CEHRD) has expressed concern over the inability of the Federal Government to develop a blueprint aimed at ending air pollution in the region. The group in a statement signed by Dr. Kabari Sam, Head, Environment and Conservation, said the government has jettisoned its policy to
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‘How to generate N15tr from oil despite slump’
- April 4, 2020
- Posted by: Precious David
- Category: Uncategorized
Though the global oil market is currently crippled by the outbreak of COVID-19, Nigeria could generate over N15 trillion yearly from the industry, some stakeholders have said. According to the stakeholders, in 2018 when the price of oil was fair, Nigeria only recorded $32.63 billion (about N12 trillion) from the sector, but when reformed and
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Depressing oil and gas business is real and it knows no borders.
- October 18, 2019
- Posted by: Dr. Louis Ogbeifun
- Category: Uncategorized
[ad_1] by Louis Brown Ogbeifun: In the United States of America, 26 shale oil companies have so far filed bankruptcies in 2018 as against 28 in 2019. According to ZeroHedge, “Oil and gas companies are facing an onslaught of bankruptcies as the “shale revolution” appears to be coming to an unceremonious end, at least on Wall Street,
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TIME FOR COLLECTIVE ACTION AGAINST CORRUPTION AND CONFLICTS IN THE OIL AND GAS INDUSTRY
- August 19, 2019
- Posted by: acjered
- Category: Uncategorized
A SYNOPSIS OF THE DOCUMENTARY SCREENING OF AUGUST 15, 2019 BY DR LOUIS BROWN OGBEIFUN Experts in the oil and gas industry have advised that continuous advocacy by individuals and all stakeholders, is the panacea for eradicating corruption that stokes conflict in the extractive industry especially in the Niger Delta, bad policies and governance,
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Interesting times for Nigerians – Save Nigeria Oil and Gas Industry
- July 31, 2018
- Posted by: Dr. Louis Ogbeifun
- Category: Uncategorized
[ad_1] At times I just wonder whether our policy makers are not in this planet. It is so disheartening to note that the veritable sustaining economic power of Nigeria, which is oil and gas; has over the years, been treated with disdain and uttmost neglect. It is no longer news that we have been trying
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Civil Society Organizations & Media Coalition meet in Lagos as a follow up on the recently approved Oil and Gas Policy
- May 14, 2018
- Posted by: acjered
- Category: Uncategorized
Recall that in April 2018, a coalition of Civil Society and Media groups stormed PortHarcourt to brainstorm on the recently approved Oil and Gas policies which resulted in the development of an advocacy road map with timelines and measurable outcomes. In the same vein, the coalition moved base to Lagos in line with the initial