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Nigerian-Police

Police arraigns oil firm boss over N12m diesel theft

  The Managing Director of Sanjay Oil and Gas Limited, Sunday Adeola, 47, has been arrested and arraigned before a Lagos Magistrate Court for allegedly obtaining...

IYC threatens to invade oil firm's facilities over gas explosion

IYC threatens to invade oil firm’s facilities over gas explosion

By Godspower Edoza   The Ijaw Youth Council (Central Zone), have threatened to invade facilities of indigenous oil major, Conoil Plc, over the firm’s  alleged...

OPEC president says oil market is correcting

Delta communities issue oil firm 21-day ultimatum over unfulfilled promises

The management of Heritage Energy Services has been issued a 21-day ultimatum by oil bearing communities in Oleh, Isoko South local government area of Delta state, under...

Vietnam starts high-profile trial over oil firm losses

Vietnam starts high-profile trial over oil firm losses

Vietnam began the trial on Monday of 22 executives charged over losses totaling hundreds of millions of dollars at the state oil firm, PetroVietnam, with the most...

ADAOHA UGO_NGADI

Fraudulent oil firm is broke, owes millions of dollars – NNPC

Ontario Oil & Gas Limited, which was convicted for subsidy fraud, is yet to make a formal commitment to settle its outstanding debts under a crude oil swap contract...

weatherford

American oil firm accused of violating local content act

Some Nigerians working with an American oil and gas service firm, Weatherford International have raised the alarm over gross abuse of local laws and sharp practices...

Nigeria, China sign $2bn deal on cotton value chain industry

Breach of contract: Oil firm sues Trade Minister’s company, others for $249m

An oil firm, Petroleum Zion Exploration and Production Ltd has dragged a company co-founded by Nigeria’s Minister of Trade, Industry and Investment, Okechukwu...