Nigeria’s oil governance bill to be presented before Senate on April 25

A spokesman said on Thursday that Nigeria will send its oil governance bill, part of proposed reforms that make up the sprawling Petroleum Industry...

NNPC working closely with legislature to ensure swift passage of PIB – Baru

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, while speaking at the Department of State Services’ (DSS) Executive...

Seven Energy takes steps to protect its rights under the SAA with NPDC

Seven Energy Finance Limited, with its parent company Seven Energy International Limited (“Seven Energy”), the leading integrated gas company in south east Nigeria, with...

Addax Petroleum executives allegedly under criminal investigation

Addax Petroleum Nigeria Ltd. on Saturday confirmed that Geneva Prosecutor’s Office was conducting a criminal investigation into allegations focusing primarily on the company’s business...

Malabu Oil accuses Adoke, Etete of changing firm’s ownership

Directors of Malabu Oil and Gas Ltd have accused former Attorney General of the Federation, Mohammed Adoke (SAN) and former Minister of Petroleum, Dan...

Court charges former NNPC head with money laundering

The former head of Nigeria's state oil company was charged in court on Thursday with money laundering and five counts of fraud, Nasdaq reports. The Economic...

High court returns OPL 245 to Shell, Eni

An Abuja Division of the Federal High Court has reversed its previous ruling which retrieved the control of one of Nigeria's richest oil blocks,...

Three ex-presidents endorsed Malabu oil agreement – Adoke

A former Attorney General of the Federation (AGF) and Minister for Justice, Mohammed Bello Adoke (SAN), has again faulted the decision of the Economic...

We will amend laws to solve Nigeria’s energy crisis – Saraki

The President of the Senate Dr. Bukola Saraki has said that the National Assembly will amend the laws on power generation, transmission and distribution...

S/Court affirms FG’s position in revoking allocation of OPLs 321, 323

The Supreme Court has ruled in favour of the Federal Government over voiding the allocation of Oil Prospecting Licences (OPLs) 321 and 323 to...

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