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Former Vice President Atiku Abubakar has reiterated his Sunday position that the OPL 245 matter is far from resolved, noting that it remains the subject of multiple subsisting legal proceedings, ...

On a biting cold day in Milan in January, Ibrahim Ahmed, a Nigerian investigator, and Colonel Alessandro Ferri of Italy’s financial police, hustle into the city’s imposing, marble-­clad palace of ...

OPL 245 is probably the most well-known oil block to be awarded by the Nigerian government more for the legal disputes and international arbitrations, with regard to its acquisition and ownership ...

LONDON (Reuters) - An Italian court acquitted Royal Dutch Shell and Italy's Eni on Wednesday of corruption in one of the oil industry's biggest court cases centred around the acquisition of a Nigerian ...

The Federal Government has broken up the controversial OPL 245 oil block into four new assets to be operated by Eni and Shell, in a move that could finally unlock one of Nigeria’s largest untapped ...