The Nigerian National Petroleum Corporation (NNPC) says it has signed a $2.8bn agreement for the Ajaokuta-Kaduna-Kano (AKK) gas pipeline and stations with a consortium of indigenous and Chinese companies.
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The euphoria that accompanied the passage of the harmonised Petroleum Industry Governance Bill (PIGB) by the national assembly on March 28 is taking a knock.
JP Morgan Chase Bank says it got the approval of the UK top anti-money laundering agency to transfer $875 million to the Nigerian accounts of Dan Etete’s Malabu Oil in
Ibe Kachikwu, minister of state for petroleum resources, says subsidy on petrol currently costs the federal government N1.4 trillion annually.
The Nigeria Customs Service (NCS) says it seized 174,015 litres of smuggled petroleum products worth N27, 755,492 in one year.
Efforts by the Organisation of Petroleum Exporting Countries (OPEC) to rebalance the global crude oil market and ensure that members
Nigerian indigenous oil company Neconde Energy Limited says it had launched arbitration against oil giant Shell in the UK over
Royal Dutch Shell has filed a criminal suit in The Netherlands against one its former workers over suspected fraud in
The national assembly on Wednesday passed the harmonised Petroleum Industry Governance Bill (PIGB).
Forty non-governmental organisations (NGOs) have signed a declaration calling for the cancellation of the proposed $20 billion Nigeria-Morocco gas pipeline