ExxonMobil, IPEA partner on environmental awareness

The Ibom Programme on Environmental Awareness, an initiative of the Akwa Ibom State Ministry of Environment & Mineral Resources in partnership with ExxonMobil, has...

NEITI lauds judgment ordering Mobil to pay $83.4m tax

The Nigeria Extractive Industries Transparency Initiative on Sunday praised the recent judgment by the Tax Appeal Tribunal ordering Mobil to pay $83.4m as tax...

Expert flays oil sector’s $680bn loss to corruption

The Chief Executive Officer, BOk Development Limited, Mr. Adekunle Disu, has condemned the loss of $680bn annually to corruption in the oil and gas...

India now Nigeria’s biggest crude oil buyer

India High Commissioner in Nigeria, Mr Mahesh Sachdev, on Wednesday,  said that the Indian government now leads the United States  in the purchase of...

Nigeria sells $Ibn Bonds – Okonjo Iweala

The Minister of Finance, Mrs Ngozi Okonjo-Iweala, said on Wednesday that Nigeria returned to the capital market after two years of absence and sold...

Local insurers set eyes on oil, energy insurance pool

Nigerian insurers are exploring options that will see them improve on their participation in the high risk but lucrative oil and energy underwriting. The Local...

NUPENG suspends strike

Alhaji Tokunbo Korodo, the  Chairman, Western Zone of the National Union of Petroleum and Natural Gas Workers, NUPENG, on Wednesday confirmed the suspension of...

NUPENG strike: Petrol scarcity grounds major cities in Nigeria

The scarcity of petrol left thousands of motorists stranded in Abuja, Ibadan, Minna and other major cities on Tuesday as the three-day warning strike...

Oil thieves spill 500 barrels in Adibawa – Shell

The Shell Petroleum Development Company of Nigeria has raised the alarm over the rising oil theft-related spills at the Adibawa field. The Nigerian subsidiary of...

Nigerian content creates 15,000 direct Jobs – Alison-Madueke

The Nigerian Content Act in the oil and gas industry has created over 15,000 direct jobs since it was signed into law by President...

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