UK finalises return of Nigeria’s $85m Malabu oil loot

After many years of legal fireworks, the United Kingdom has given the final clearance for Nigeria to draw down a whopping $85 million seized...

1.6 million Bonga oil spill victims sue Shell in UK court

No fewer than 1,686,000 victims of Bonga oil field spillage in Rivers State have dragged oil giant, Shell Nigeria Exploration Company (SNEPCO), before a...

FG to initiate legislative framework for renewable energy utilisation

The Minister of Science and Technology, Dr. Ogbonnaya Onu, has said that the Federal Government will soon initiate a legislative and judicial framework for the...

FG looking to amend deep offshore oil act to increase oil revenue – Kachikwu

According to Nigeria’s oil minister, Emmanuel Ibe Kachikwu, the country is seeking to amend a law on deep offshore oil exploration and drilling, with...

Senate mulls bill to ensure vehicles run on alternative sources in 3 years

The Senate may soon enact a bill ensuring that vehicles start to run on alternative fuels other than petrol, The Sun reports. Chairman, Senate Committee...

Oando takes SEC to Appeal Court

Oando Plc has approached the Court of Appeal with a view to lifting the technical suspension imposed on its shares on the floor of...

Neconde lawyer writes PENGASSAN over ultimatum

Counsel to Neconde Energy Limited, Uchechukwu Val Obi (SAN) has faulted the seven-day ultimatum given by oil workers to the Federal Government asking the...

AITEO secures court order restraining EFCC, AGF

The Federal High Court, Abuja, on Friday restrained the Federal Government from taking steps that may cripple the operations and freeze the accounts of...

Saraki approves NNPC amendment bill for second reading

The Nigerian Senate on Tuesday read for the second time, "a bill for an act to amend the Nigerian National Petroleum Corporation (NNPC) Act...

Dutch law firm seeks criminal case against Shell and its CEO over OPL 245

A Dutch law firm has asked the public prosecutor in the Netherlands to file a case against Royal Dutch Shell, its CEO and former...

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