News

Nigeria’s anti-corruption agency has arrested former oil officials over a $7.2 billion fraud linked to refinery ...
Nigeria’s anti-graft authorities arrested the former chief financial officer of the state oil company and a former head of a ...
Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a recent decline in crude prices sparked concern among banks that ...
Aliko Dangote, Africa’s richest person, plans a stock listing for his Nigerian crude oil refinery by the end of next year to ...
Press Release - The UK High Court trial finds that Shell plc and its former Nigerian subsidiary can be held legally responsible for legacy oil pollution in Nigeria.
Nigeria is using at least 300,000 bpd to repay NNPC's other oil-backed loans, though one facility is expected to be paid off this month. The amount of oil going towards repaying existing oil ...
Nigeria and Saudi Arabian oil giant Aramco’s discussions regarding a $5bn oil-backed loan have hit a snag following a significant drop in crude oil prices, reported Reuters, citing sources.
In a historic moment for Nigeria’s oil and gas industry, the new Otakikpo crude oil terminal, the country’s first indigenous onshore crude export facility in over five decades built by Green ...
Nigeria and Saudi Arabian oil company Aramco have been unable to reach an agreement on a $5 billion oil-backed loan, according to Reuters. Sources told Reuters that the delay was due to a ...
Nigeria's daily oil production fell again in May, threatening the ambitious 2mbpd target. Experts analyze the setback and the implications for the country's economy.
After years of demands, Nigerian President Bola Tinubu has bowed to pressure by issuing a pardon for the Ogoni Nine, a group of agitators who were convicted and executed for the murder of four Ogoni ...
“We have visited Abeokuta, Tede, Ofodo, and Lokoja. I am really impressed by the readiness of our partners here in Nigeria, and I believe the results will be great,” Kumar stated.