OIL MAJORS THREATEN PIB. DELAY INVESTMENT ON $23.5B OFFSHORE PROJECT
International Oil Companies (IOCs) operating in Nigeria may have devised means to compel the Federal Government into changing its fiscal policy on the Petroleum Industry Governance Bill (PIGB). The Guardian learnt the IOCs have deliberately put on hold the Final Investment Decision (FID) on five offshore oil and gas projects to make government alter fiscal […]
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