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Nigeria to Increase Share of Offshore Oil Profits

Nigeria's Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, late Wednesday threw more light on why the Nigerian Government is proposing a review of the...

Nigeria: Minister Pledges Support for Indigenous Oil Companies

Nigeria's Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has pledged her government's support for indigenous oil companies that are willing to invest in every...

Nigerian President Accuses Shell of Polluting Niger Delta

President Goodluck Jonathan has expressed deep concern over environmental pollution in the Niger Delta owing to oil exploration and asked Shell Petroleum Development Company...

International Oil Companies, Contractors Responsible for Nigeria's Capital Flight

Nigeria's Minister of Petroleum Resources, has expressed concern that after many decades of oil exploration and production in Nigeria, contractors and multinational oil companies, that had done business worth billions of dollars in Nigeria, had not left appreciable footprint in the petroleum industry.