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Oil & Gas

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Focus on oil & gas sector ...

Background: The Company was incorporated as a private limited liability in 1951 and became converted to a public limited company in 1978 and its shares listed on the Stock Exchange.
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Subsidy fraud probe: Fear grips oil marketers over imminent arrest

There is now anxiety in the camps of some marketers involved in the controversial N1.3 trillion fuel subsidy scandals, over moves by the Economic and Financial Crimes Commission (EFCC) to effect their arrest after the conclusion of its investigation. ...
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Mrs Deziani Alison-Madueke

The appointment of Mrs. Deziani Alison-Madueke as Petroleum Resources Minister generated unusual controversy across the nation when it was announced ......
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Oil reforms to cost $3bn - NEITI

Nigeria will lose $3 billion a year due to changes in tax terms proposed in an oil reform bill before parliament, Nigeria Extractive Industries Transparency ......
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Chevron to launch Natural Gas-to-Liquids plant in 2013

Chevron Corp. Tuesday said its Nigerian Escravos gas-to- liquids plant is more than 70 percent complete and on course to start production in 2013 ... ...
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