A Dutch court on Friday ordered Shell to pay compensation in a long-running case brought by four Nigerian farmers who accuse the oil giant of causing...
OBINNA EZUGWU Nigeria’s senate president, Ahmad Lawan has advocated for a cost reduction in the production of crude oil by International Oil Companies operating in Nigeria....
The International Monetary Fund (IMF) has projected that oil prices will average above $50 per barrel in 2021, a more than 21% rise from 2020’s depressed...
Crude oil exports of Nigeria’s key crude, Qua Iboe, is set to resume for the first time in almost six, weeks after a fire at the...
The average price paid by consumers for Premium Motor Spirit, otherwise called petrol increased by 14 percent in December 2020 to N165.70 per litre from N145.35...
BY EMEKA EJERE Heirs Holdings on Friday took a bold step towards its vision of creating Africa’s first integrated energy multinational, expanding its oil and gas...
OBINNA EZUGWU The Shell Petroleum Development Company of Nigeria Limited (SPDC) announced it has completed sale of its 30 percent interest in Oil Mining Lease (OML)...
Dr. Ahmad Lawan, Senate President, has said some forces within the country and outside are working to frustrate the passage of the Petroleum Industry Bill...
The Federal Government has directed the Nigerian Electricity Regulatory Commission (NERC) to suspend the recently adjusted electricity tariff. The Minister of Power, Sale Mamman, made...
