Malabu Oil drags FG, others to court over $13.5bn deepwater project

Malabu Oil and Gas Limited, on Tuesday, asked the Federal High Court, Abuja, to stop the…

OPEC’s war on oil overhang starts to bear fruit

OPEC appears to be slowly winning the battle against a global overhang of crude and oil…

Shell says it knew some payments for Nigeria oilfield would go to Malabu

    Royal Dutch Shell has said it knew that some of the payments it made…

Nigeria’s local refining capacity grew by 29% in December 2016 – NNPC

The Nigerian National Petroleum Corporation (NNPC) in its latest Monthly Financial and Operations Report for January…

Abuja airport runway 95% ready-Sirika

The runway of Nnamdi Azikwe International Airport, Abuja is 95 per cent completed, Minister of State…

Top quotes of the day

“We are determined to change Nigeria from a consumer nation to a producing nation.”   President…

NCDMB praises INTELS over Onne facility

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has commended INTELS Nigeria…

NPA to spend N233.8 billion in 2017 budget

The Nigerian Ports Authority (NPA) has presented a budget of N233.8 billion to the National Assembly…

OPEC members invest in 160 projects worth $156bn

Members of the Organisation of Petroleum Exporting Countries (OPEC), have budgeted to invest in 160 oil…

Tips: How to stay safe when driving near a container, petroleum truck

The slightest mishap in a truck can start a swift chain of events which ends in…

No import licences for debtor oil marketers – FG

The Federal Government on Monday stated that it would not issue petroleum product import licences to…

Normal service on as fire rips through FAAN headquarters

Fire ripped through the headquarters of the Federal Airports Authority of Nigeria (FAAN) in Lagos on…