The Senate is advocating the death penalty for oil thieves. Read more »
The Federal High Court, Abuja, has declared as unconstitutional and illegal a proposal by the government to deregulate the prices of petroleum products in the country. Read more »
There are conflicting reports on the actual ownership of the oil blocs, thought to have been owned largely by the northern states. Read more »
Delegations of Sudan, South Sudan and Djibouti have agreed to allow for the resumption of oil exports that were suspended last year. Read more »
Sudan and South Sudan have agreed to resume oil exports after the latter shut down its output in 2012 over a fee dispute. Read more »
The country has lost an estimated U.S.$1 billion in revenue in seven days as a result of the shutdown of the Nembe Creek pipeline. Read more »
President Ellen Johnson Sirleaf has signed a multi-million dollar oil deal with one of the world's largest energy companies, Exxon Mobil. Read more »
Oil blocs awarded in the past by the president and the petroleum minister lacked transparency, says a government official. Read more »
The Senate's debate on the Petroleum Industry Bill has sparked a rift between northern senators and their counterparts from the Niger Delta region. Read more »
Shell Nigeria made good on its threat and shut down the entire Nembe Creek trunk line following increasing incidents of pipeline vandalism and crude theft. Read more »
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