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DPR revokes Addax Petroleum oil mining licences

The Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OML) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company.

Akwa Ibom court strikes out suit against Addax Petroleum

The High Court of Akwa Ibom State on 15th March, 2021, struck out the N166 billion suit of Akwa Ibom State Internal Revenue Service against Addax Petroleum Development (Nig) Ltd.

OPL 245: Group asks President Buhari to prosecute Eni in Nigeria

The Human Environmental Development Agenda (HEDA) Resource Centre, has declared that the partial freedom granted oil giants by Italian courts in the celebrated OPL 245 corruption case will not stop the prosecution of the accused in Nigeria.

One dead, many hospitalized as oil spill shatters Delta communities

The people of Polobubo, Opuama and other riverine communities in Delta State have raised the alarm over a crushing oil spillage that has left a villager dead and several persons hospitalized.

Court adjourns Jide Omokore, others ‘$1.6 billion oil fraud’ trial over witnesses absence

An Abuja Federal High Court has adjourned the alleged money laundering trial of Jide Omokore, Atlantic Energy Brass Limited and Atlantic Energy Drilling Concept Limited until February 23.

Shell says allegations of involvement in ‘oil theft’ misleading

The Shell Petroleum Development Company of Nigeria (SPDC) says allegations of involvement in oil theft at its Bonny Crude Export Terminal is misleading.
A passenger plane flies over a Shell logo at a petrol station in west London, in this January 29, 2015 file photo. REUTERS-Toby Melville-Files

Oil spill: Shell sues Nigerian government over compensation claim

Royal Dutch Shell has filed a suit against the Nigerian government at the World Bank’s International Centre for Settlement of Investment Disputes.

DPR: Nigerian government to earn $500 million from signature bonuses for 57 marginal oilfields

The Department of Petroleum Resources (DPR) says the federal government is expected to generate $500 million from signature bonuses for 57 marginal oilfields in Nigeria.
A fisherman displays his oil soaked fishing net on the polluted shoreline in Bodo. GEORGE OSODI-BLOOMBERG NEWS

Fishermen hail Dutch court ruling, ask Shell to pay $3.6 billion Bonga oil spill...

Following Friday’s ruling by a Dutch court that found Shell liable of polluting the farmlands of four farmers in the Niger Delta region, Artisanal Fishermen Association of Nigeria (ARFAN) has advised the oil firm to promptly comply with the judgement and compensate the farmers.
African Export-Import Bank (Afreximbank)

Afreximbank disburses $250 million to Nigerian company to acquire 45% stake in oil lease

Afreximbank has disbursed 250 million dollars as part of its support for Trans Niger Oil and Gas Ltd (TNOG) to acquire 45 per cent stake in Oil Mining Lease (OML) 17 onshore oilfield.
FILE PHOTO - Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. REUTERS-Jessica Lutz-File Photo

Nigeria’s oil capacity to rise by 3,500 bpd

Nigeria’s oil production capacity is set to increase by additional 3,500 barrels per day, bpd, following the expected coming on stream of Ata Field in the Second Quarter (April-June) of 2021.
Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.

TNOG acquires 45% of OML 17 from Shell, Total, ENI

Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.

Shell dismisses ‘takeover’ of Kidney Island asset by Rivers

Earlier on Wednesday, Kelvin Ebiri, special assistant to the governor of Rivers state on media, said the Island used by Shell as their operational base in Port Harcourt now belongs to the state government following a certificate of purchase registered in Port Harcourt’s lands registry.

OML 11: Rivers government declares possession of Shell base

Rivers State Government on Wednesday declared possession and sealed off oil assets loaded Kidney Island, once the operational base of Shell Petroleum Development Company (SPDC) in Port Harcourt.
Local workers at OML 42 oil mining communities in Delta State have staged a peaceful protest in Warri, demanding for their four years salaries and emoluments.

Workers picket oil firm over salary arrears

Local workers at OML 42 oil mining communities in Delta State have staged a peaceful protest in Warri, demanding for their four years salaries and emoluments.

Ijaw leaders approach court to quash fresh oilfields licensing

Three Ijaw leaders have approached the Federal High Court in Yenagoa to halt the process leading to bids for marginal oilfields located in their domains pending the determination of their suit.

Court restores Abigborodo, Hely Creek fields to Transnational Energy

A Federal High Court in Abuja has set aside the purported reversal of the consent given by the Federal Government for the farm-out agreement between Chevron and Transnational Energy Limited (TEL) on the Abigborodo and Hely Creeks marginal fields in the Oil Mining Lease (OML) 49.
Nigerian National Petroleum Corporation (NNPC)

NNPC saves Nigeria $5.04 billion in four court victories

The Nigerian National Petroleum Corporation, NNPC, Wednesday, disclosed that its legal team won four major court cases bordering on disputes surrounding oil wells and export terminals that helped the country saved Nigeria N5.04 billion.

Group tasks multinational oil companies on social responsibility

Oil/Gas Multinational Companies operating in Eastern Obolo local government area of Akwa-Ibom state have been urged to stand up to their Corporate Social Responsibility to host communities.
Nigerian National Petroleum Corporation (NNPC)

NNPC, PSC partners end dispute over $2.3 billion oil assets’ acquisition

Nigerian National Petroleum Corporation (NNPC), on Saturday, said it has signed an agreement with its partners in Oil Mining Lease, OML, 130, China National Offshore Oil Company (CNOOC) and South Atlantic Petroleum (SAPETRO), to settle all outstanding fiscal issues surrounding the development of the oil assets which had lingered since 2006.
The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Official: Edo modular refinery will drive industrial revolution

Edo Government says the ongoing Modular Refinery project at Ologbo in Ikpoba-Okha Local Government Area of the state, will on completion, drive the state’s industrial revolution quest.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court restrains Nigeria from revoking Ororo marginal oil field

A Federal High Court sitting in Lagos south west Nigeria has restrained the Minister of Petroleum Resources and Department of Petroleum Resources (DPR) from revoking the Ororo Marginal Field in OML 95 pending the determination of the substantive suit filed before the court.

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The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Nigeria’s senate president, others bag NIS fellowship award

Senate President, Ahmed Lawan, and the governor of Lagos State, Babajide Sanwo-Olu, were on Wednesday in Abuja presented with the Honourary Fellowship Award of the Nigerian Institution of Surveyors (NIS) alongside a former Minister of Defence, Brig-General Mansur Dan-Ali (rtd) and the Emir of Nasarawa, HRH Alh. Ibrahim Usman Jibril, at the institution’s 2021 investiture ceremony.
The Chairman of the Board of Trustees of the Tertiary Education Trust Fund, TETfund, Alhaji Kashim Ibrahim-Imam, on Wednesday said he and the Executive Secretary of the Fund, Prof. Suleiman Bogoro, took the suspension of the Vice Chancellor, University of Lagos, UNILAG, Prof. Oluwatoyin Ogundipe, personal when he was suspended by the Governing Council of the institution last August.

Official: TETFund spends N120 billion on academic staff training since 2008

Academic Staff from public institutions across the country have so far accessed over N120 billion for training, within and outside Nigeria, from the Tertiary Education Trust Fund (TETFund) since its inception in 2008.
As children across Nigeria join their world counterparts to celebrate Children’s Day, Governor Muhammadu Inuwa Yahaya of Gombe State has called on parents, community leaders, teachers and all involved in children’s upbringing to take mentoring seriously and provide them with a good leadership example.

Payroll fraud: Gombe approves N1.49 billion for biometric system installation

The Gombe State Government has approved the sum of N1.499 billion for the supply and installation of biometric attendance system to check payroll fraud in the state’s civil service.
All Progressives Congress (APC) Nigeria

2023: APC disowns viral zoning arrangement

The national caretaker/extraordinary convention planning committee (CECPC) of the ruling All Progressives Congress (APC) has disowned a zoning arrangement list in circulation on the social media.
Euro 2020 is almost certain to be postponed in the wake of the coronavirus pandemic sweeping across the globe.

UEFA confirms Rome as Euro 2020 host city

Rome’s Stadio Olimpico has been “fully confirmed” as a venue for Euro 2020 matches after the Italian government guaranteed the presence of at least 25 per cent of fans, UEFA announced on Wednesday.

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Interim Controller-General, Nigeria Correctional Service (NCoS), John Mrabure, has charged officers of the service to strengthen security-watch over custodial centres across the country.

Imo jailbreak: NCS releases names, photos of escaped inmates

The Nigerian Correctional Service has released the names and photos of some of the inmates who escaped from the Owerri Custodial Centre in Imo State on April 5.
A leading governorship aspirant in Anambra State, Dr Godwin Maduka, has submitted his party nomination forms to the headquarters of the Peoples Democratic Party (PDP) in Abuja at the weekend amid cheers from supporters.

Anambra guber: Godwin Maduka submits form, promises development in all sectors

A leading governorship aspirant in Anambra State, Dr Godwin Maduka, has submitted his party nomination forms to the headquarters of the Peoples Democratic Party (PDP) in Abuja at the weekend amid cheers from supporters.
Gareth Bale has described Eden Hazard as the best FIFA player at Real Madrid after announcing the launch his brand new esports team, 'Ellevens Esports'.

El Clasico: Eden Hazard dropped from Real Madrid squad

Eden Hazard’s hopes of featuring in his first ever El Clasico was dealt a huge blow after he was dropped from Real Madrid squad ahead of this weekend’s clash against Barcelona.

PDP reconciliation committee lauds Southwest leaders over successful congress

The National Reconciliation and Strategy Committee of the Peoples Democratic Party (PDP) has commended the leadership of the party in Oyo, Ekiti, Ondo, Lagos, Osun and Ogun States for the successful conduct of the zonal congress in Osogbo, where officers of the party were elected in a free, fair and peaceful manner.
Give him the least opportunity and Pastor Enoch Adeboye, General Overseer of the Redeemed Christian Church of God will us part of it to win souls. He urges members of the church to be incurable soul winners; and so is he.

Pastor Adeboye: Kidnapped Kaduna RCCG members released

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, on Thursday, disclosed that eight members of the church kidnapped in Kaduna State have been released.