FG seizes $21m from ex-oil minister

A Nigerian court seized $21 million on Monday from bank accounts linked to a former oil minister accused of corruption as investigators continue to...

Nnaji denies corruption allegations made by ex-president’s aide

Former minister of power, Prof. Barth Nnaji is considering various options against the Senior Special Assistant to his former boss, Goodluck Jonathan, over what...

High Court orders seizure of Oando’s oil rigs over N4.7bn debt

A Federal High Court sitting in Port Harcourt, Rivers State, has ordered the arrest and detention of three crude oil drilling rigs belonging to...

Aiteo refutes allegation of corrupt relationship with Alison-Madueke

Aiteo Group has described as scandalous and defamatory, a publication by an online newspaper, Premium Times, alleging without any foundation whatsoever, that the company...

Senate report on Amendment of NLNG Act ready next month – Akpan

The Senate has assured that with the level of work carried out so far on the amendment of the Nigeria Liquefied Natural Gas (NLNG)...

AITEO boss allegedly fingered in Alison-Madueke’s corruption case

Aiteo Chief Executive Officer, Benedict Peters, is the latest Nigerian oil mogul to be named in the case surrounding the bribery allegations against former...

Saraki promises swift passage of various PIB components

The President of the Senate, Dr. Bukola Saraki, has said that the passage of the Administrative and Fiscal Policy Bills for the petroleum industry...

FG seizes ex-oil minister Alison-Madueke’s luxury apartments

A Nigerian court has confiscated the $37 million luxury apartment complex of a former oil minister accused of fraud and money laundering as well...

Addax shuts international offices after Nigerian bribery case

Chinese-owned oil firm Addax Petroleum is shutting its offices in Geneva, Houston and Aberdeen, it said on Monday, a month after it agreed to...

EFCC recovers N328.9bn from nine oil marketers

The Economic and Financial Crimes Commission, EFCC, Kano Office, has recovered a sum of N328,988,296,990.62 (Three Hundred and Twenty Eight Billion, Nine Hundred and...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...