Wike: The other side of a fighter, by Donu Kogbara
I went home to Rivers State last weekend to participate in a celebration and Anglican thanksgiving service. They were hosted in Koroma, Tai Local Government Area, by Senator Barinada Mpigi, a fellow Ogoni and friend. And the special guests of honour were Chief Godswill Akpabio, the Senate President, and Chief Nyesom Wike, our former governor […]
PIB: A game of numbers, interests
Will national interest be paramount in the passage of the new Petroleum Industry Bill (PIB), now before the National Assembly? This has been the recurring question on the lips of Nigerians as the PIB is being assailed by vested and conflicting interests.
Retaining 70% risk locally is impracticable – report
The ability of Nigerian insurers to retain 70 per cent of oil and gas risk locally as stipulated in the Nigerian Content Development Act, 2010 is impracticable, A.M Best has said.
Bad book keeping mar oil audit
Improper record keeping and undue discrepancies in the book keeping of government agencies were made manifest in the latest report of the Nigeria Extractive Industries Transparency Initiative, NEITI.
Understanding petroleum industry JOA in post world financial meltdown (2)
Part one of this article reviewed the Association of International Petroleum Negotiators (AIPN’s) model Joint Operating Agreement (JOA) and the need for a revision to reflect current practices and conditions in the industry. Changes to operators’ liabilities and default provision were also discussed.
Gulf of Guinea plans N173bn methanol plant in Nigeria
Gulf of Guinea Oil Exploration Limited (GGOEX) is to invest N172.7billion ($1.1 billion) in the construction of a new methanol facility in the Niger Delta.
