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...

Taleveras denies lifting crude from Atlantic Energy

The attention of Taleveras legal team have been drawn to online publications related with a case against Atlantic Drilling Fluids, this legal case is...

Addax agrees to pay 31m Sfr to settle Swiss bribery charges

The Geneva prosecutor's office said on Wednesday that Addax Petroleum has agreed to pay 31 million Swiss francs ($32 million) to settle charges of...

Kano, Kaduna, Lagos listed as host communities in Reps new PIB

The new Petroleum Industry Bill (PIB) before the House of Representatives has expanded the concept of host communities to include some non-oil states, Daily...

Acting President Osinbajo finally signs 2017 budget into law

Acting President Yemi Osinbajo signed the 2017 budget into law on Monday afternoon, according to Sahara Reporters. The budget, dubbed the “Budget of Economic Recovery...

Senate passes Petroleum Industry Governance Bill

The Nigerian Senate has passed the Petroleum Industry Governance Bill, the long-awaited legislation that promises broad reforms to the nation’s oil and gas industry,...

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...