The Joint Committees on Petroleum Resources (Upstream, Midstream, Downstream and Gas) of the Senate and House of ...

The Petroleum Products Retail Outlets owners Association of Nigeria (PETROAN) says the executive order (EO) on direct remittance of revenue to the federation account will enhance accountability and ...

Persistent defaults by International Oil Companies (IOCs) to pay surface rental fees on time is eroding petroleum revenues and exposing weaknesses in enforcement of the country’s upstream fiscal ...

Parliament has passed the Petroleum Revenue Amendment Bill (PRMA).The bill has gone through different stages of review in the House amidst several changes to the original clauses that make up the ...

Ghana’s petroleum upstream sector has long served as a key pillar of public financing, national growth, and macroeconomic stability. The sector still holds vast potential—not just in terms of resource ...

Chad will consider adjusting its petroleum revenue management law following moves to explore and exploit additional oil and gas fields. Addressing a CWC conference in London last week, Chad Petroleum ...

Executive Order will boost accountability, investors’ confidence – Oil marketers  *Order could weaken NNPCL, discourage investors – PENGASSAN  Mixed reactions have continued to trail President Bola ...

Ghana recorded a significant decline in its petroleum receipts for the second half of 2025, with total revenue dropping by approximately $117.38 million compared to the same period in 2024. The Bank ...

The Executive Order directs that all oil and gas revenues due to the Federation, including royalty oil, tax oil, profit oil, and profit gas, be paid directly into the Federation Account ...

The Liberia Petroleum Refining Company (LPRC) has categorically denied allegations circulating on social media accusing the company of collecting and mismanaging Government of Liberia (GOL) ...

Parliament has approved an extension of the terms of the agreement between the government and some petroleum exploration companies to ...