The Senate panel investigating the fuel subsidy regime yesterday summoned KPMG, threatening to employ sterner measures should they refuse to appear before them. Read more »
The president has survived an assassination attempt after his convoy was ambushed by Al Shabaab militants. Read more »
East Africa is thought to be the new destination for oil companies to prospect for oil and it is hoped that lessons will be learned from West Africa and the manner in which oil ... Read more »
The country may be facing a fuel crisis as the subsidy provision to cater for payment arrears for 2011 and 2012 has already been exhausted. Read more »
The newly drafted oil bill prescribes fines against oil firms that fails to stop gas flaring by the end of the year. Read more »
The government has denied reports linking it to an oil block deal where officials allegedly shared $1.1 billion in illegal proceeds. Read more »
South Africa has entered into oil discussions with the continent's largest supplier, since the sanctions imposed on Iran, its main supplier, came into effect. Read more »
President Goodluck Jonathan has directed that those indicted by the parliamentary report on the subsidy scheme be prosecuted. Read more »
The main opposition party is accusing the Sirleaf administration of nepotism after she appointed her son to chair the country's National Oil Company. Read more »
The exporting of oil could be stopped, to meet the needs of local consumers. Read more »
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