Chinese technology firm, Huawei Technologies, says it has developed an intelligent pipeline monitoring system to help tackle crude oil theft in Nigeria. This was disclosed by the...

The former Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said that the divestment of assets by some International Oil Companies (IOCs) is beyond...

Adebayo Obajemu A Federal High Court in Abuja dismissed the application by the Governors’ Forum to be joined as interested party to the suit filed by...

Adebayo Obajemu A Federal High Court sitting in Abuja has ruled in favour of Linas International Limited and 235 others against the Federal Government of Nigeria...
A Federal High Court in Lagos on Monday, ordered the Central Bank of Nigeria (CBN) to pay an aggregate sum of N82 billion to communities in...

Nigeria’s external reserves recorded the first week-on-week increase in 16 weeks, rising to $39.836 billion last week on the back of rising prices of crude in...
By Uche Chris War and international geo-political crises have always brought huge benefits to oil producing countries in the past as supply embargoes and production quota...
By Uche Chris Nigeria’s indigenous oil exploration company, Seplat Energy PLC weekend, made history as the first to acquire major assets of an International oil company,...

BY EMEKA EJERE There are high hopes that Nigeria’s lingering foreign exchange crisis, humongous amounts spent on fuel subsidies among others shall be things of the...