Ed Reed


Buhari backs oil law changes

Nigerian President Muhammadu Buhari has said the country will soon pass the Petroleum Industry Bill (PIB), various versions of which have been in the offing for more than 10 years.


Rivers makes OML 11 move

The Rivers State government claims to have bought Shell Petroleum Development Co.’s (SPDC) 45% stake in OML 11, part of the Ogoniland, in execution of a legal ruling.


Uganda keeps oil industry hopes alive

Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.