ALL Grace Energy Limited (AGEL), an indigenous oil company operating (OML17) in Rivers, has reaffirmed commitment to the development of its host community in compliance with the Petroleum Industry Act (PIA).
The government should avoid giving wholesale fiscal tax incentives to certain oil companies operating in the country’s oil fields, Nasir Alfa Mohammed, Vice Chair of the Public Interest and Accountability Committee (PIAC), said here
U.S. President Joe Biden escalated the rhetoric against oil companies on Wednesday, telling them in a letter to produce more gasoline and lower gasoline bills for American consumers.