The Minister of Petroleum Resources Diezani Alison-Madueke plans to increase its share of offshore oil profits because of prevailing realities in the industry. Read more »
East Africa is about to experience a hydrocarbon-induced economic boom. However, the disconnect between what oil and petrol companies say is happening regarding the development of ... Read more »
Shell, the country's biggest oil producer, has come out strongly against the Petroleum Industry Bill that is in the final stages of being passed into law. Read more »
36 states governors of the federation have returned to the Supreme Court to challenge what they termed massive illegal deductions from the Excess Crude Account by the Federal ... Read more »
The Shell Group has declared that the draft Petroleum Industry Bill will frustrate current investments in Nigeria's oil and gas industry and impede on the ability to meet set ... Read more »
The 36 state governors have resolved to return to the Supreme Court over their dispute with the federal government on deductions from the excess crude account. Read more »
A Ugandan journalist, in view of recent discoveries of vast oil deposits in East Africa, has called upon East African media to work together to achieve a high level of transparency ... Read more »
According to a bill sponsored by Senator Bukola Saraki, which seeks to amend the National Oil Spill Detection and Response Act 2006, Nigeria will lose over U.S.$4 billion as a ... Read more »
An expert in the energy sector invited by the oil regulatory body to contribute to the ongoing debate on the country's natural resource management has warned that oil discovery ... Read more »
Was Emmanuel Ohenocho the former Interior Minister, arrested or released after questioning by officials of the Nigerian Maritime Administration and Safety Agency and armed forces ... Read more »
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