A report the other day that the Federal Government has resorted to requesting the International Monetary Fund (IMF) and the Group 24 (G24) countries for assistance in “identifying assets of Nigerians overseas and of International Oil Companies (IOCs) doing business in the country (Nigeria) for proper inventory for the purpose of effective taxation” is curious…

Communities in the Niger Delta have insisted that international oil companies (IOCs) must relocate their headquarters to the region given the magnitude of their projects and the environmental challenges their operations pose to the people. The leaders of the communities, who spoke to The Guardian yesterday, maintained that it was only fair and logical that…

• Warn against politicising security • Delta CP canvasses support to fight crime Governor Udom Emmanuel of Akwa Ibom State and Nyesom Wike of Rivers State have identified lack of Federal Government presence in the zone as one of the key reasons why agitations and insecurity seemed prevalent. They spoke yesterday during a public lecture…

The youths under the Ijaw Youth Council (IYC) worldwide, also called for the relaxation of the preconditions for getting licences, noting that the terms were capable of taking the establishment of the refineries beyond the reach of Niger Delta people.

The company announced estimated Q2 2017 earnings of $3.4 billion or $0.78 per diluted share, compared with $1.7 billion a year earlier, as oil and gas realisations increased and refining margins improved.

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says there is no way the country can keep producing, while the prices of crude remain low.

The Ijaw Youth Congress (IYC) yesterday accused a northern ‘cabals’ in the government of President Muhammadu Buhari of frustrating efforts by the Vice President Yemi Osinbajo to make International Oil Companies (IOCs) move...

Organisation of the Petroleum Exporting Countries (OPEC), continued to reduce production in April, but output from Africa’s top exporter - Nigeria, increased by 273,600 barrels per day (bpd).

The Senate has begun investigation into alleged fraud in some $62.909 billion capital flight between 2009 and 2014.Accordingly, the searchlight is being beamed on alleged misdeeds in collaboration between a few banks and some International Oil Companies....

Global oil prices have fallen sharply over the past three years, leading to significant revenue shortfalls in many energy-exporting nations such as Nigeria.

The Federal Government will begin payment of $5.1 billion joint venture cash calls to International Oil Companies (IoCs) from next month (April), the Minister of State for Petroleum Resources, Ibe Kachikwu has disclosed.

Stakeholders in Nigeria’s oil and gas sector have emphasized the need for the Federal Government to create an enabling environment to facilitate the relocation of International Oil Companies (IOCs) to the Niger Delta region.