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High court

$12bn suit: Court strikes out Chevron’s preliminary objection

A Federal High Court sitting in Lagos on Thursday awarded a N100,000 cost against Chevron Petroleum Nigeria Ltd in a $12 billion debt recovery suit by the Federal...

FG opposes bail for suspected illegal arms importers

$12b recovery suit: Court strikes out Chevron’s preliminary objection

A Federal High Court sitting in Lagos on Thursday awarded a N100,000 cost against Chevron Petroleum Nigeria Ltd in a $12 billion debt recovery suit by the Federal...

Bonga: Shell to make final investment call in 2019

Shell buying spree cranks up race for clean energy

Royal Dutch Shell has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to...

Chevron

Community drags Chevron to court over alleged hazards

By Godspower Edoza  The Ikorigho Seaside Community in Ilaje Local Government Area of Ondo State has sued Chevron Nigeria Limited at the Federal High Court, sitting in...

Chevron

Community drags Chevron to court over alleged hazards

The Ikorigho Seaside Community in Ilaje Local Government Area of Ondo State has sued Chevron Nigeria Limited at the Federal High Court, sitting in Akure, the state...

NNPC MD Maikanti Baru

NNPC, Chevron seal $1.7bn deal, to increase crude, gas output

The Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) on Saturday executed the second and final phase of an alternative financing...

gas flaring

Reps tackle Chevron over $15,000 gas flaring claim

An ad hoc committee of the House of Representatives investigating revenue leakages in the oil and gas sector from January 2016 to January 2017 on Monday disputed claims...

NEITI-ES-Waziri-Adio

NCDMB, Chevron, Mobil, others lead NEITI compliance ranking

The ongoing Independent Audit of the Oil and Gas Industry covering 2015 by the Nigeria Extractive Industries Transparency Initiative (NEITI) has recorded 94% compliance...

Commission okays Norway's $1tr wealth fund oil stocks investments

West Africa Crude: Market firm, margins support

West African crude oil differential prices remained strong on Friday, traders said, supported by distillate margins that have given buying interest a boost. However,...

Yemi-Osinbajo

FG signs oil financing deals with Shell, Chevron

  Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the state-run oil firm said on...

Nigeria owing IOCs $5.1bn

FG signs oil financing deals with Shell, Chevron

Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the state-run oil firm said on Thursday....

Oil majors gushing in cash despite cheap crude

The prospect of crude remaining near the current $50 level is no longer a doomsday scenario for the world’s oil majors whose latest earnings announcements show that...