By Frank Kisakye Government is today expected to formally publish an advert calling for bids from companies that are interested in exploring for oil as the new round of licensing gets underway. The firms whose bids are successful will be issued with a detailed request for bids together with the Modal Production Sharing Agreement (PSA) […]
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By Funmi Amodu, With Agency Reports Abuja–For the fourth month running, statutory revenue available for distribution between the three tiers of government dropped as the total revenue for October stood at N593.34 billion. The amount is about N10.192 billion lower than the N603.529 billion shared in September. This is just as governors of the 36 […]
Juba — The South Sudanese government says it would not relent to recent demands for suspension of all new oil contracts, arguing that such a decision was not in the country’s best interest. “We cannot agree that a moratorium on petroleum contracting is at this time in the best interests of the citizens of the […]
