Suspended Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi has vowed to challenge his suspension in court. Read more »
The Liberian Petroleum Refining Company has announced a major shortage of fuel on the market, a situation that has led to blackouts in parts of Monrovia as the national power ... Read more »
The government has sighed a memorandum of understanding with oil companies to support sustainable development of the petroleum resources discovered in western Uganda. Read more »
The Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, has appeared before the senate committee to discuss the crude oil money allegedly unaccounted for by the National ... Read more »
The Nigerian Maritime Administration and Safety Agency and the National Oil Spill Response and Emergency Agency have ordered Shell to pay U.S.$5 billion as fines and compensation ... Read more »
As part of the campaign against oil theft, the navy reduced piracy and sea robbery to the barest minimum including the arrest of 1646 suspects oil thieves. Read more »
Twenty barges laden with over one thousand barrels of stolen crude oil has been seized by the Joint Task Force. Read more »
The Nigeria Governors' Forum led by Rivers State Governor, Rotimi Amaechi has called on the National Assembly to institute comprehensive international audit to probe the alleged ... Read more »
The price of fuel in the country has gone up second month in a row, influenced by higher international prices of the commodity. Read more »
In a country where the first drop of oil is not expected until 2018, only one company has been issued with the oil production license for one of the largest oil fields. Read more »
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