The Nigerian government says it will not revisit the issue of offshore/onshore oil dichotomy as it had been determined by the Supreme Court. Read more »
The government has secured a loan from China to build a pipeline that will boost the development of the natural gas sector. Read more »
Australian firm Pancontinental Oil and Gas Limited claims to have found 50 meters of net pay in natural gas off Kenya’s coast in the Lamu Basin area. Company officals are ... Read more »
The government now pays out almost U.S.$40 million annually to four of the Niger Delta's top former warlords, allegedly as protection fees for oil pipelines they used to attack, ... Read more »
A debate in the Ugandan Parliament will shape the future of Uganda's oil sector and could determine whether the sector falls foul of the "resource curse," in which oil revenues in ... Read more »
The Economic and Financial Crimes Commission has arraigned Mahmud Tukur, son of Alhaji Bamanga Tukur, Chairman of the Peoples Democratic Party and four others for their alleged ... Read more »
Six major oil-marketing companies exhaust their stock as a result of fuel shortage fears. Read more »
The UN is calling for the immediate renewal of oil production in South Sudan, urging the country and Sudan to reach a permanent deal on oil and other financial agreements, to ... Read more »
The implementation of the controversial Sovereign Wealth Fund is expected to kick off on October 2nd, following the federal government's approval of its Board and appointment of ... Read more »
The multi-billion dollar trans-regional company, West African Gas Pipeline has shut down the system due to loss of pressure around the Lome segment of the facility. Read more »
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