Major new fees face IOCs in Nigeria

Major new fees face IOCs in Nigeria

Oil companies have become the target of the government’s efforts to boost the country’s badly needed revenues. A new review of drilling and production regulations is set to place additional financial burden on those operating in the country.  New Total-operated...
The logic behind Iran’s fuel prices rises

The logic behind Iran’s fuel prices rises

Major protests and social unrest erupted in Iran on 16 November on the day after the government announced a sudden hike in fuel prices, which are heavily subsidised. The price of petrol used to be IRR10,000 (US$0.09) per litre. On 15 November, the government announced...
Nigeria – Latest news

Nigeria – Latest news

The relationship between President Muhammadu Buhari and his deputy, Vice President Yemi Osinbajo appears to be continuing to deteriorate despite both men doing everything possible to put on the appearance that nothing has changed. This has been illustrated by the...