The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, said on Friday the International Oil Companies (IOCs) have proposed the divestment of...
The Nigerian Extractive Industries Transparency Initiative (NEITI) has suggested that the licenses on oil block management granted some indigenous and international crude oil prospecting companies be...
Renowned lawyer, Mr. Femi Falana SAN, has said the practice of allocating crude oil blocks to individuals and International Oil Companies (IOCs) by the federal government...
The Department of Petroleum Resources (DPR) said the Federal Government made N748 billion from taxes and royalties paid by oil and gas companies operating in the...
In from Success Allantee . . . Seplat Petroleum Development Company Plc has taken over its ownership stakes and operatorship of two oil blocks, following a...
Worried by the level of corruption in the Nigerian National Petroleum Corporation (NNPC) President Muhammadu Buhari has said his administration would divide the oil company into...
