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The Federal Government says it expects about $62bn from multinational energy conglomerates that include Royal Dutch Shell, ExxonMobil, Chevron, Total and Eni, citing a 2018 Supreme Court ruling it says enables it to review and adjust oil production revenue sharing agreements, Reuters has reported.
Former NBA champion, Festus Ezeli is eyeing a spot of the D’Tigers team to next year’s Olympic Games in Tokyo, Japan.
Minister of Youth and Sports Development, Mr Sunday Dare, yesterday, commended ExxonMobil Nigeria, Africare and the United-States based National Basketball Association, NBA, for their efforts at promoting capacity building, health development and well-being of Nigerian youths through their Power Africa Initiative.
The Mobil Producing Nigeria Unlimited has attributed the peaceful resolution of the industrial dispute that engulfed the company last year to the astute negotiating skill of the Minister of Labour and Employment, Sen. Chris Ngige.
The Akwa Ibom State Government has finally come to terms with the reality about the education sector in the state. The government on Thursday organised a summit to seek expert opinions on how to fix the broken school system.
The Nigerian National Petroleum Corporation, NNPC, yesterday, cleared ExxonMobil from any sharp practices and indebtedness to the country.
$1.8 billion underpayment: DPR disowns Mobil’s deal with federal government over three oil blocs’...
The Department of Petroleum Resources has dissociated itself from an alleged Federal Government’s deal with Mobil Producing Nigeria Unlimited (ExxonMobil) clearing the company to pay $665m instead of $2.5bn for the renewal fees for three oil blocs in 2009.
The Special Presidential Investigation Panel for Recovery of Public Property has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, over alleged $1.8bn owed the Federal Government by Mobil Producing Nigeria Unlimited (ExxonMobil).
In its quest to boost technological advancement in Nigeria, the Nigerian Content Development Monitoring Board (NCDMB) and Danvic Petroleum International Nigeria have secured a $1.2 million, (N610 million), seismic interpretation software and geosciences workstations for six Nigerian universities as a way of boosting knowledge in oil and gas exploration in Nigeria.
Samsung Heavy Industries Nigeria (SHIN) has received the ‘Project of the Year’ award at the African Assembly, organised by the Oil & Gas Council in Paris on June 24, 2019.
The Iraq’s Military has said a rocket struck the site of the residential and operations headquarters of several global major oil companies, including U.S. giant ExxonMobil, near Iraq’s southern city of Basra early on Wednesday, wounding three people.
Residents and indigenes of Eket Local Government Area of Akwa Ibom State have expressed their concern over the alleged abandonment ExxonMobil airstrip by the oil firm.
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has urged ExxonMobil and other International Oil Companies operating in Nigeria, to key into the gas commercialization policy of government for gas development in the country.
Oando PLC has once again demonstrated its ability to deliver good results and create value for shareholders. The indigenous oil company on Friday, March 29, published its financial results for the full year ended, December 31, 2018.
Details emerging from the beheading of Michika local government Christian Association of Nigeria (CAN) chairman, Rev. Lawan Andimi, suggests that Boko Haram fighters turned down an offer of N50 million during negotiators before beheading the Christian community leader, who they abducted in the early days of January, the state CAN chairman, Bishop Dani Mamza has revealed.
A Federal High court sitting in Osogbo, Osun State has convicted a 21-year-old internet fraudster, Arowolo Ariremako, for defrauding an American $200.
Frank Lampard is determined to make his tenure at Chelsea a successful one in order to silence the doubters who have criticised the Blues’ string of bad results.
29 Nigerian words and expressions were added in the latest (January 2020) updates of Oxford English Dictionary.
The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has decried the refusal of the United Kingdom to extradite a former Minister of Petroleum Resources, Diezani Allison-Madueke, to face trial for alleged money laundering in Nigeria.
Real Madrid coach Zinedine Zidane has said Gareth Bale is fit and ready to play against Unionistas de Salamanca on Wednesday in the Copa del Rey.
Coach of Plateau United FC Abdu Maikaba had hailed his side’s 5-0 thrashing of Adamawa united on Sunday describing the win as so important to the Jos based side’s ambition and quest to win the Premier League title.
“Anyone they bring for us will be good, every team is tough in Africa, so we are going to try our best against any team that falls in our group. We know it will be very tough, but we are prepared for battle,” Chukwueze said.
Yaroslav Suris is suing the popular porn site claiming it has denied the deaf and hearing-impaired access to its videos that others can easily enjoy.
The Governor of Ondo State and also the Chairman of the South West governors forum, Rotimi Akeredolu has hinted that the “Operation Amotekun” is one of the many solutions proffered by the South West governors to tackle security challenges in the region.