NCDMB, IOCs tour LADOL, commend firm over $3.8bn Egina FPSO project

Journey into full realization of the $3.8 billion Egina Floating Production Storage and Offtake (FPSO) oil…

Court adjourns trial of Akpobolokemi, others till April 18

A Federal High Court in Lagos yesterday fixed April 18 for continuation of the trial of…

Photo: Dr. Dakuku Peterside taking over the reigns of office from Haruna Jauro

Dr. Dakuku Peterside (right) taking over the reigns of office from Haruna Jauro as Director-General of…

Soldiers destroy illegal crude oil farm in Abia

Soldiers from 144 Battalion, under 14 Brigade Ohafia, Abia State have destroyed illegal crude oil reservoirs…

Nigeria’s crude oil earnings drop by 40.3%

Nigeria’s earnings from crude oil resources have dropped from N16,304.0 billion recorded in 2014 to N9,728.8…

Missing U.S. Navy tug found off California after 95 years

A U.S. Navy tug missing since 1921 has been discovered sunk off San Francisco, California, officials…

First US shale gas reaches Europe

The INEOS Intrepid gas carrier, owned by Swiss chemicals company INEOS, has arrived at the company’s petrochemicals…

Transocean, Schlumberger see delay in oil industry recovery

Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with…

Expanded Panama Canal to Open on June 26

The expanded Panama Canal will be officially inaugurated on Sunday, June 26, 2016, the Panama Canal Authority…

Customs reverses self, bans importation of rice through land borders

Nigeria Customs Service has re-introduced the restriction order on importation of rice through land borders across…

EFCC arraigns Tompolo in absentia over N34bn NIMASA fraud

The Economic and Financial Crimes Commission (EFCC) yesterday arraigned a former Niger Delta militant leader, Government…

Navy to open up dockyard for maximum utilisation

The Nigerian Navy yesterday expressed readiness to open up its dockyard for use by stakeholders in…