Eastern Electric heads to court over Enugu Disco

The intrigues over the privatisation of Enugu Electricity Distribution Company yesterday assumed a new dimension as Eastern Electric Limited, the reserve bidder for the...

4 oil firms, 2 CEOs arraigned over N2.9bn fuel subsidy scam

The last may not have been heard about the fuel subsidy scam by some oil companies as the Special Fraud Unit of the Nigeria...

UK prosecutor claims Ibori hid assets in Oando; oil company denies allegation

A British prosecutor Monday told a London Southwark Crown Court that former Delta State Governor, Chief James Ibori, who is currently serving a jail...

EFCC arrests oil subsidy fraud suspect on court premises

The Economic and Financial Crimes Commission (EFCC) yesterday in Lagos arrested a fuel subsidy fraud suspect, Seun Ogunbambo, who was recently declared wanted by...

Shell seeks settlement for Nigeria oil spill

Negotiations between Royal Dutch Shell and the lawyers representing 15,000 Nigerians claiming compensation for two oil spills that occurred in the Niger Delta in...

Lagos drags FG, Civil Defence Corps to court

The Lagos State Government yesterday instituted a law suit against the federal government and the National Security and Civil Defence Corps (NSCDC), for arresting...

AMCON takes over Capital Oil

The Assets Management Corporation of Nigeria, AMCON, has taken over Capital Oil and Gas Limited in line with its mandate to recover the toxic...

Navy hands over oil thieves apprehended in Bayelsa to EFCC

For 11 Nigerians and a Camerounian suspected  of oil theft, the day of justice is approaching. The end of the road in their nefarious...

Acquisition Of Upstream Oil & Gas Assets In Nigeria: Legal Issues To Consider

With the gradual shift away from Nigeria's shallow waters to deep offshore fields by the oil majors, as has been further highlighted by recent...

UK court awards $110.5m against Malabu for breach of agreement

A High Court of Justice in London, the United Kingdom, has awarded $110.5million to Energy Venture Partners Limited, EVP, against Malabu Oil and Gas...

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