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15 October 2014, Lagos – Exactly two weeks after Italian prosecutors accused Eni of paying $533m bribe to Nigerian politicians and others to purchase an oil field in 2011, United Kingdom-listed independent oil and gas producer, Afren Plc, has dismissed its chief executive officer, Osman Shahenshah,...

15 October 2014, Warri – An oil marketing firm, A & E Petrol, has said that it decided to move its “Kero-Direct” programme for Delta riverine...

15 October 2014, Lagos – Shareholders of Conoil Plc have raised concern over the shortcomings in the company’s corporate governance practices,...

Kunle Kalejaye 15 October 2014, Sweetcrude, Lagos – Africa’s largest oil producer Nigeria will be overtaken by Angola in oil production by...

14 October 2014, Lagos – The Nigerian National Petroleum Corporation (NNPC) has lost millions of dollars in its fruitless search for crude oil in...

14 October 2014, Abuja – As part of the efforts to sustain regular supply of petrol in the country, oil marketing and trading (OM &T) companies...

14 October 2014, Abuja – The Management of the Nigerian National Petroleum Corporation has raised the alarm over the circulation of fake letters...

14 October 2014, Nairobi – Fuel prices are expected to drop further when the regulator reviews the monthly caps later today, in line with global...

14 October 2014, Abuja – As the prices of crude oil continue to decline, there is anxiety over the impact of this development on the nation’s...

14 October 2014, Lagos – The Niger Delta Petroleum Resources (NDPR) has concluded plans to spend $25 million, or 5.5 per cent of its earned revenue...