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NNPC To Back Lee Engineering on Atlas Cove Projects

By Hamilton Nwosa ( Head,  The New Diplomat’s Business Desk) The Group Managing Director, Nigeria National Petroleum Corporation (NNPC) Mr. Mele Kyari has commended Lee...

Gunmen Kidnap Two Expatriates In Rivers

Gunmen have attacked and kidnapped two expatriates and a Nigerian at a rig belonging to Niger Delta Petroleum Resources (NDPR) rig at Ogbele, Rivers...

Nigeria Loses $6bn In Corrupt Oil Deal

Nigeria will lose an estimated $6 billion in revenue to international oil companies, Shell and Eni, over the deal on the controversial oil block,...

Gov. Okowa Calls For Stiffer Penalty Against Gas Flaring

Gov. Ifeanyi Okowa of Delta on Monday called on the Federal Government to put stringent measures in place to end gas flaring in the...

Malabu Oil Deal: UK Repatriates $73m To FG

...We’ve deposited cash with CBN —Malami ...FG signs new pacts with 6 countries to block looting of funds. Although the Nigerian Government is yet to...

NLNG Dividends: Senate Uncovers NNPC’s Fresh $1bn Illegal Withdrawals

The Senate Committee on Gas Resources, yesterday, uncovered fresh multiple illegal withdrawals from the dividend accounts of the Nigeria Liquefied Natural Gas (NLNG) by...

PDP Accuses APC Of Corruption Over Missing N4trn In Oil Sector

The Peoples Democratic Party (PDP) charges President Muhammadu Buhari to explain the whereabouts of the N4trillion unremitted oil revenue and other financial rots in...

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