Shell’s has said its payments to the federal government of Nigeria rose to $4.32 billion in 2017 about 19 per cent from $3.64 billion in 2016,...
The Petroleum Technology Development Fund, PTDF, said has modified its overseas scholarship scheme and that it has suspended the conduct of aptitude tests for applicants...
JP Morgan Chase has asaid it knew a former Nigerian oil minister convicted of money laundering would benefit when it transferred over $800 million of government...
Not less than 160 firms of professional estate surveyors and valuers participated in the bid to provide the Nigerian National Petroleum Corporation (NNPC) with valuation and...
Nigeria National Petroleum Corporation (NNPC) has awarded a contract of US$2.8 billion for engineering, procurement, construction, commissioning and financing of 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and...
Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has said that the country is currently recording ague subsidy of N1.4 trillion per annum on petrol....
Royal Dutch Shell has filed a criminal complaint against a former senior employee over suspected bribes in the 2011 sale of an oilfield in Nigeria, where...
The Nigerian National Petroleum Corporation, NNPC, has close the Fuel Supply War Room, confirming the end of the fuel crisis which ravaged the country since December...
The Nigerian National Petroleum Corporation (NNPC), has lamented the high rate of pipeline vandalisation witnessed in the south-eastern part of the country. A Statement issued by...
Oil marketers have at last embark on reduction of their workforce due to their inability to pay staff salaries. Some of the marketers said in Lagos...
Indications are that the Swiss Government has moved against accounts owners suspected to be funded by proceeds of Malabu bribery. Three separate bank accounts in Lugano,...
The Federal Government, has said that until all the components of the Petroleum Industry Bill, PIB, are passed by the National Assembly and assented to by...
Amnesty International has accused international oil majors Shell and Eni of negligence when addressing spills in Nigeria. Describing their actions as “serious negligence”, Amnesty said...
Nigeria’s Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have granted a $270 million loan to independent Nigerian oil and gas producer Amni International,...
The Nigerian National Petroleum Corporation, NNPC, yesterday, disclosed that rehabilitation of the country’s refineries would commence in the second quarter of 2018. Speaking at the African...