Oil and Gas

Shell’s has said its payments to the federal government of Nigeria rose to $4.32 billion in 2017 about 19 per cent from…

  The Petroleum Technology Development Fund, PTDF, said has modified its overseas scholarship scheme and that it has suspended the conduct of…

JP Morgan Chase has asaid it knew a former Nigerian oil minister convicted of money laundering would benefit when it transferred over…

Not less than 160 firms of professional estate surveyors and valuers participated in the bid to provide the Nigerian National Petroleum Corporation…

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…

Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has said that the country is currently recording ague subsidy of N1.4 trillion…

Royal Dutch Shell has filed a criminal complaint against a former senior employee over suspected bribes in the 2011 sale of an…

The Nigerian National Petroleum Corporation, NNPC, has close the Fuel Supply War Room, confirming the end of the fuel crisis which ravaged…

The Nigerian National Petroleum Corporation (NNPC), has  lamented the high rate of pipeline vandalisation witnessed  in the south-eastern part of the country.…

Oil marketers have at last embark on reduction of their workforce due to their inability to pay staff salaries. Some of the…

Indications are that the Swiss Government has moved against accounts owners suspected to be funded by proceeds of Malabu bribery. Three separate…

The Federal Government, has said that until all the components of the Petroleum Industry Bill, PIB, are passed by the National Assembly…

  Amnesty International has accused international oil majors Shell and Eni of negligence when addressing spills in Nigeria. Describing their actions as…

Nigeria’s Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have granted a $270 million loan to independent Nigerian oil and…

The Nigerian National Petroleum Corporation, NNPC, yesterday, disclosed that rehabilitation of the country’s refineries would commence in the second quarter of 2018.…