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…

Oil majors gushing in cash despite cheap crude

The prospect of crude remaining near the current $50 level is no longer a doomsday scenario…

Oil majors neglect host communities – Obaseki

Governor Godwin Obaseki of Edo State has decried the poor attitude of multinational oil companies operating…

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…

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…