Navy parades four suspected pirates in Lagos

The Nigerian Navy on Tuesday paraded four suspected sea robbers who had allegedly hijacked a barge (huge boat) MV Crow, on August 14, 2013...

RMAFC Commissioner wants states, LGs to diversify revenue base

A Commissioner in the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Alhaji Saidu Fawu, has urged states and local governments to diversify their resource...

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...

Support gathers for PIB, as IOCs commit further to Nigeria – Membere

The Petroleum Industry Bill (PIB) is approaching its third reading, but its secure passage out of the legislative mire and into law is not...

Alison–Madueke tasks operators on nuclear regulations

The Minister of Petroleum Resources,Mrs. Diezani Alison-Madueke, has called on operators and service providers in the oil and gas industry to cooperate with the...

Need for oil majors to list on the NSE as Shell, Chevron, others declare...

Nigerians were once again the losers, as six international oil companies — Royal Dutch Shell, ConocoPhilips, Chevron, Total, Eni and ExxonMobil — paid their...

LADOL has capacity for Egina FPSO project – Advocacy Group

The Nigerian Content Advocacy Group has stated that the Lagos Deep Offshore Logistics (LADOL) has the capacity to fabricate the local component of the...

NNPC, oil majors urged to bury pipelines deeper to check oil theft

The Nigerian National Petroleum Corporation (NNPC) and multinational oil companies operating in Nigeria’s oil and gas industry have been urged to bury the pipelines...

Navy engages and kills 12 pirates in Delta State

In an operation that was confirmed as the first direct confrontation between the men of the Nigerian Navy and pirates operating along the nation’s...

Malabu oil deal – Obasanjo demanded his share, Etete tells British court

Former President Olusegun Obasanjo was involved in an underground attempt to cut a slice of oil bloc OPL 245 in the dubious Malabu oil...

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