The Final Investment Decision (FID) of the $10 billion worth Nigeria Liquefied Natural Gas (NLNG) train seven project would be taken next week,

An arbitral tribunal at the Lagos Court of Arbitration yesterday awarded $1.69 billion in favour of Nigerian Petroleum Development Company (NPDC) Limited in the suit between Atlantic Energy Drilling Concepts Nigeria Ltd, Atlantic Energy Brass Development Ltd and NPDC. Atlantic Energy Drilling Concepts and Atlantic Energy Brass Development instituted the suit on August 15, 2016,…

Governor Godwin Obaseki of Edo has decried the poor attitude of multinational oil companies operating in the state toward the welfare of their host communities.

Nigerian militants on Sunday blew up a state-run pipeline in the restive oil-producing south, in the latest act of sabotage aimed against the strategic sector, a local official said.

Nigeria’s economy is sliding downwards due to tumbling crude oil price, unabated illegal oil bunkering and catastrophic attacks on critical oil and gas installations by militants in the Niger Delta.

Nigeria is fast losing its clout among global oil producers as the country recorded the highest drop in crude production in the Organisation of Petroleum Exporting Countries (OPEC) in July.

To show its commitment to treating Joint Venture (JV) funding as a first line charge, the Federal Government deployed almost 100 per cent of its revenue earnings ...

The 4 Brigade, Nigerian Army, Benin, has confirmed Wednesday attack on a military houseboat in Ejere community in Warri South Local Government Area of Delta.