Seven Energy International Limited has signed a $112m Partial Risk Guarantee with the Federal Government for the supply of natural gas by its wholly-owned subsidiary Accugas to the 560 megawatts power station built under the National Integrated Power Project...

The Nigerian Maritime Administration and Safety Agency (NIMASA) has said that the SEAMAN Discharge book used by seafarers are ready and that no Nigerian seafarer or cadet will be denied the opportunity of going on board vessels on account...

The federal government has reached an outline settlement to resolve a protracted dispute with five international oil companies (IOCs), under which the oil firms will be paid $5 billion as arrears of cash calls to cover exploration and production...

Gunmen suspected to be militants on Tuesday attacked a team of an oil servicing firm, F & A Logistics Construction Company, which is carrying out repair work on the recently bombed Trans Forcados export line around the Batan community...

The Central Bank of Nigeria has again warned against the patronage of illegal money transfer operators, stating that the development was undermining its efforts in sanitising the system. The bank, in a statement issued by its Acting Director, Corporate Communications...

The National Assembly has accused the Petroleum Products Pricing and Regulatory Agency of consistently violating the Federal Road Maintenance Agency Act by defaulting in the remittance of over N711bn to FERMA for road maintenance across the country. The FERMA Act,...