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FG opposes bail for suspected illegal arms importers

Judge absence stalls resume hearing of FG’s $406.8 million suit against 3 oil majors

The absence of Justice Mojisola Olatoregun of the Federal High Court, Lagos has stalled the resume hearing of a $406.8 million suit instituted by the Federal...

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...

Benin Airport: Obaseki condemns theft of landing equipment

Oil majors neglect host communities – Obaseki

Governor Godwin Obaseki of Edo State has decried the poor attitude of multinational oil companies operating in the state toward the welfare of their host communities....

Oil majors invest $1bn in low-emission technologies

Ten global oil and gas companies on Friday announced they will invest £1 billion  in low-carbon-emission technologies to help combat climate change. BG Group, BP, Eni,...

Anger in the Delta keeps oil majors quiet – and Nigeria’s crude offline

  (Reuters) Oil companies and even Nigerian officials are losing faith in a deal anytime soon with militants who have slashed the nation’s oil output, casting...