French oil giant, Total E&P Nigeria, and communities in Akwa Ibom State and the Amah Community in Rivers State have...
Saudi Arabia has described the collapse in oil prices to below $30 as “irrational” and expects the market to recover in 2016...
Nigeria’s government, which relies on oil for about two-thirds of its revenue, sees a silver lining to the plunge in...
As security agencies intensify the search for culprits behind the recent attack on the Escravos pipeline, latest information from the...
Following the privatization of the power sector in November2013, Federal Government agencies and the military owe a total sum of...
Royal Dutch Shell has said it expects fourth-quarter profits to slide at least 40 per cent from a year ago...
Shoreline Group, a Nigerian oil producer, has halted plans to issue $500 million of Eurobonds and will cut staff as Africa’s biggest...
Nigerian National Petroleum Corporation (NNPC) has announced the operational shutdown of the Port Harcourt and Kaduna refineries owing to crude...
Eni lifted force majeure on gas supplies to Nigeria’s liquefied natural gas (LNG) export plant on Jan. 12 following sabotage...
Nigeria’s revenue collecting agency, Federal Inland Revenue Service (FIRS), looks set for further rough ride with high expectations of boosting...
A Scottish Oil and Gas trade delegation will be visiting Nigeria from January 25 – 28, 2016, to gain a...
The oil market “could drown in oversupply” as a rise in Iranian output offsets production cuts elsewhere, threatening a further...
The factors that will enable industrial partnerships with indigenous companies in Africa in response to local content legislation will be...
Oil and gas companies operating in Nigeria were fined a paltry N1.81 billion in nine months between January and September...
Babatunde Fowler, executive chairman, Federal Inland Revenue Service (FIRS) on Tuesday, disclosed that Nigeria lost N1.127 trillion due to non-remittance...