Court rules on NLNG/NIMASA case today, July 12

A Lagos Federal Court has fixed July 12 for ruling on the ongoing row between the Nigeria Liquefied and Natural Gas (NLNG) Limited and...

Dogara urges FG to quickly transmit new PIB to NASS

Speaker, House of Representatives, Hon. Yakubu Dogara on Monday asked President Muhammadu Buhari to quickly transmit a new Petroleum Industry Bill (PIB) to the National...

Power firms, LASG, seek special court for electricity thieves

Ikeja Electric (formerly Ikeja Electricity Distribution Company (IKEDC), Eko Electric Distribution Company (EKEDC) and the Lagos State government are holding talks on how to...

Chevron agrees to release documents to US court in disputed OMLs suit

Chevron USA and BNP Paribas agreed recently in District Court in Texas to turn over documents and correspondence between the two companies and other...

Draft new revenue formula ready —RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission on Thursday said the long awaited draft new revenue formula was ready. A statement issued in Abuja by...

N8.9bn rural electrification: Contractors sue commission, ministry

The Association of Rural Electrification Contractors of Nigeria (ARECON) has dragged the Energy Commission of Nigeria (ECN) and the Ministry of Finance to court...

Nigeria files new charges of corruption against Shell, Eni over OPL 245

Nigeria’s anti-graft agency filed new charges against Royal Dutch Shell Plc and Eni SpA, alleging the companies “corruptly” paid $801 million in 2011 when acquiring...

Again, court stops NERC from increasing tariff

The continuous attempt by Nigerian Electricity Regulatory Commission (NERC) to increase electricity tariff was met by another brick wall last week as the Federal...

Reps committee report on OPL 245 compromised – Adoke • It’s our duty to...

The Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Adoke (SAN), on Wednesday alleged that the report of the ad hoc committee...

FHC orders Shell, Total, Agip to preserve interests in OML 25

A Federal High Court in Lagos has directed Shell Petroleum Development Company of Nigeria Ltd and two other oil companies to preserve their 45...

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