ABUJA — President Goodluck Jonathan has approved distribution of $1billion from the excess crude account among the 36 States and FCT. This was part of decisions...
LAGOS – The move by Nigeria to penetrate the Caribbean regional oil export market through bilateral trade relations may have met with a brick wall as...
THE HAGUE – A Dutch court on Wednesday rejected a bid by a group of Nigerian farmers to have Shell’s parent company held responsible for oil...
LAGOS – Oando Energy Services Limited (“OESL”) one of Nigeria’s leading indigenous provider of swamp drilling rigs services and a subsidiary of Oando PLC, has announced...
ABUJA: Shell Petroleum Development Company (SPDC) has stated that the completion of the initial clean-up of areas impacted by the various incidents of oil pills recorded...
LAGOS – Nigerians whose pastime is bickering over oil resources may soon find out that what they consider as the goose that lays the golden eggs...
ABUJA – Christophe de Margerie, the chief executive officer of Total, the French oil giant with considerable investment in Nigeria, says the company has its expatriate...
ABUJA: Shell Petroleum Development Company, SPDC, spilled in excess of 26,411 barrels of oil in 13 month period, January 2012 to January 2013. At an average...
LAGOS – The West African Gas Pipeline Company (WAPCo) may record a gross loss of $2.4 billion (N384 billion) within four months if the vandalized sub-regional...
ABUJA – The Petroleum Products Pricing and Regulatory Agency (PPPRA) has warned Oil marketers operating under the PSF Scheme to adhere strictly to the Agency’s Truck-Out...
