Royal Dutch Shell Plc has said that it will fight any possible efforts by the Federal Government to hand over the control of its Nigerian oil fields to Chinese oil companies.

National President, Association of Nigerian Traders (NANTS), Mr. Ken Ukaoha, yesterday in Abuja, said Foreign Direct Investment (FDI) from China to Nigeria has doubled from $3 billion in 2003, to $6billion, with the share in oil and gas sector taking

The Senate Committee on Gas under the chairmanship of Senator Osita Izunaso has recommended to the Senate, for approval, a reduction in the current $5.9 billion cost of the Escravos Gas-To-Liquid (EGTL) project being executed by Chevron Nigeria Limited (CNL).

The Joint Military Task Force (JTF) on the Niger Delta has arrested four persons for illegal bunkering activities. The men were arrested with 25,000 litres of crude oil valued at millions of naira along the Ekeremor/Southern Ijaw creeks in Bayelsa

The members of the Bayelsa State executive council were yesterday thrown into celebration mood with the announcement by the Shell Petroleum Development Company (SPDC) that the production capacity of the state has risen in the last few weeks due to

Oil giant, Shell, which employs about 102,000 people world wide and Nigeria's largest oil operator yesterday announced it will axe 5,000 jobs as the company's profits fall due to weaker oil prices and an ailing global economy.

Nigerian workers yesterday ignored the federal Govern-ment's plea for them not to hold protest rally and made good their threat to hold the protest march in the Federal Capital Territory, Abuja.

Controversies yesterday continued to trail the projected 6,000 megawatts of power to be delivered to homes in December, 2009 as the Power Holdings, Company of Nigeria said it has capacity to "wheel" 1120 megawatts of electricity contrary to claims that

The Presidency and the Petroleum Products Pricing and Regulatory Agency (PPPRA) have withheld the approval and licence for the importation of petroleum products into the country for one month.

Governor Ali Modu Sheriff of Borno state has assured Northern Borno Elders that he would personally lead a high powered delegation to the presidency and the minister of petroleum resources to facilitate the early commencement of oil exploration in the

An approximate of 2, 000 hectares of land has been acquired by Tolao Energy Company for the establishment of bio-diesel power plant in Cross River State, Nigeria.

The Nigeria Labour Congress (NLC) yesterday challenged the Federal Government to subject its desire to deregulate the downstream oil sector to a referendum.

Dr. Emmanuel Egbogah, Special Adviser to the President on Petroleum Matters has been appointed to chair Special Oil Industry Committee on Post Amnesty by the federal government.

The Energy Commissions of Nigeria (ECN) has advised the federal government to fast track the adoption of other alternative sources of energy to meet the present shortfall in energy supply and in the future without destroying the environment.

A Cabinet meeting on Wednesday approved a US$35m project to grow, on a large scale, Jatropha Curcas, a plant used to produce bio-diesel.

Government has committed $170 million to provide electricity to 800 communities, under the Rural Electrification Programme. Mr. Emmanuel Armah- Kofi Buah, Deputy Minister of Energy, who announced this on Thursday, said the amount was part of a $350-million loan facility

A PLANE crash in which five German visitors to Namibia were injured near Swakopmund in June last year was caused by foreign objects found in the fuel pump of the aircraft, it has been concluded in an official investigation into

An emergency programme aimed at strengthening the thermoelectric capacity of Luanda will be implemented between next December and April of 2010 to provide 200 megawatts of electrical power, with the functioning of four new central stations, that may work on

For what could be termed as the most brazen of its daredevilry, the present anti-poor and pro-rich Yar'Adua regime has discovered a 'magic formula' of deregulation and privatisation of oil refineries for the backwardness and underdevelopment of the nation.

From the portents and signals, Nigeria seems not far from the throes of another contrived eruption. Already, there's a lot of sabre rattling that reminds one of those days in school when the aluta continua slogan was 'we no go