Energy expert and petroleum economist Professor Emeritus Wumi Iledare has reacted to President Bola Tinubu’s recent Executive ...

Industry stakeholders have raised fresh concerns over the potential long-term consequences of the Federal Government’s recent Executive Order altering key fiscal provisions of the Petroleum Industry ...

The Union described the directive as a dangerous precedent that could undermine the Petroleum Industry Act (PIA) and erode investor confidence in the sector.

Energy analysts have continued to express divided opinions over President Bola Tinubu’s new oil and gas revenue Executive Order (EO).While some see it as a major fiscal reform to boost transparency, ...

President Tinubu signed an executive order directing that oil and gas revenues be paid directly into the Federation Account, ...

The union said the directive has generated tension and uncertainty across the sector, with workers in upstream, midstream and downstream operations expressing concern over the new policy.

Federal government orders retrospective audit of petroleum revenues as agencies begin remitting funds directly into the Federation Account.

(Alliance News) - Seplat Energy PLC on Tuesday announced the completed conversion of certain onshore assets to the Petroleum Industry Act fiscal regime. Also, Seplat announced on Monday that a ...