Phased Enacting of Nigeria's Petroleum Bill Thwarted

Nigeria's federal House of Representatives has set up an ad-hoc committee to review the Petroleum Industry Governance Bill (PIGB), part of which was passed May 25 by the Senate only.

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France to 'Ban Exploration' as Power Starts from Coalmine Methane

The French government is to present a draft law this autumn banning the award of any new exploration licences, ecology and solidarity minister Nicolas Hulot said June 23.

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Naftogaz Steps in, Says Kiev Delays Pipeline Work

State-owned Naftogaz Ukrainy will "step in to make sure Ukraine's gas transmission system (GTS) modernisation plan is developed," the gas supply and transport owner said June 23.

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Reliance, BP Withdraw Gas Price Arbitration

Reliance Industries and BP have withdrawn their joint gas price arbitration referral against the Indian government. “Yes. The gas price arbitration has already been withdrawn,” a spokesperson from BP told NGW via email.

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Baku Covers Socar Losses on Regulated Market

Azerbaijan's government has decided to pick up the bill for state-owned Socar's 2016 losses incurred in supplying the regulated domestic gas market. Finance Minister Samir Sharifov told Azerbaijan’s parliament, in a revision to the state budget, that the country's deficit is expected to be 1.

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