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Ondo oil community sues Chevron for N3.4bn over alleged damage to...

The descendants of Adeli Oriyomi Awoye, in Ilaje Local Government Area, Ondo State, have asked a Lagos Federal High Court, to order Chevron Nigeria...

Prince Harry gets job at mental health company

Britain’s Prince Harry will become the first chief impact officer of BetterUp Inc, a San Francisco-based start-up that provides employee coaching and mental health...

Oil polluted Nigerian communities can sue Shell in UK supreme court

The UK Supreme Court has ruled that oil-polluted Nigerian communities can sue Shell in English courts. The decision is a victory for the communities after...

Oil prices climb back to pre-pandemic levels

The price of oil has recovered to its pre-pandemic levels having hit an all-time low last year. While demand for oil is still lower than...

Nigerian court orders arrest of ExxonMobil chief

A federal high court in Abuja has ordered the arrest of Richard Laing, the managing director of ExxonMobil. The court ordered the arrest after the Economic...

COVID-19: Shell suffers huge loss

Oil giant Royal Dutch Shell sank to a net loss of $21.7bn (£16bn) last year after the coronavirus pandemic caused demand to slump. The announcement...

Exxon Mobil records historic loss

Exxon Mobil Corp on Tuesday posted a historic annual loss after the COVID-19 pandemic hammered energy prices and reduced the value of the company’s...

PIB: Senate President pushes for reduced cost of crude oil production

President of Senate, Ahmad Lawan has pushed for a cost reduction in the  production of crude oil by International Oil Companies operating in Nigeria. According...

9 ways in which the Century Group is changing the oil...

The oil and gas business is big money business and not for the faint hearted. Before 1993, the game was reserved for the big players,...

EFCC docks Adesoyin for N24m fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, on Friday, February 28, 2020 arraigned one Noah Adesoyin before Justice Sherifat Solebo of...

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