Oil & Gas

NARTO, MOMAN raise hope on ending fuel scarcity

Major Oil Marketers Association of Nigeria (MOMAN) on Friday reached an agreement with the National…

Subsidy scam: Appeal court orders trial of Wagbatsoma and co.

The Lagos Division of the Court of Appeal today affirmed the jurisdiction of Lagos High…

Nigeria's oil marketers paid N156billion, but fuel scarcity persists

*Marketers get N500 billion cumulatively since December *Marketers wait for bank alerts before importing fuel…

PWC auditors slam NNPC accounting system

The Nigerian National Petroleum Corporation, NNPC, has been indicted by renowned international auditors, PriceWaterHouseCoopers Limited,…

PWC audit confirms Sanusi's allegation, NNPC deducted $18.53bn oil revenue

A forensic audit of Nigeria's state oil firm released on Monday confirmed the accusation by…

The PriceWaterHouseCoopers Report on NNPC: Download here

The PriceWaterHouseCoopers Report on NNPCpdf

Jonathan orders release of NNPC audited report

President Goodluck Jonathan has denied allegations by the All Progressives Congress that his administration is…

Missing $20billion Oil money: Editor fleeing Nigeria offers clues

Toyin Akinoso, geologist and publisher of the African Oil and Gas report, knows his onions…

Buhari vows to probe missing $20 billion oil money

Efforts of President Goodluck Jonathan administration to close the curtain on allegations of unremitted $20billion…

Ivory Coast stops new offshore oil drilling by Ghana

An international maritime tribunal on Saturday ruled that Ghana should suspend a multi-billion dollar offshore…