Tag: oil and gas
Corrupt oil sector: Jonathan asks for Ribadu report
Ayorinde Oluokun /Abuja President Goodluck Jonathan has directed that a comprehensive report of the Petroleum Revenue Special Task Force chaired…
Shell declares force majeure on Nigeria’s exports
Anglo-Dutch oil group Shell said Tuesday it may not meet contractual obligations on certain exports from Nigeria because of theft…
Russian crew members abducted in Nigeria
Kidnappers have boarded a ship off Nigeria and abducted seven crew members, including six Russians and one Estonian, in the…
NIMASA Unseals Iheanacho’s Oil Tank Facility
The Nigerian Maritime Administration and Safety Agency (NIMASA) said it has unsealed Integrated Oil and Gas petroleum products tank facility…
3 Arraigned Over N1.5m Bribe
Three members of the Presidential Committee on Fuel Subsidy Verification, Alalade Abioye, Buhari Ganiyu and Oni Oluwasola were Wednesday arraigned…
Eleme Youths Block Onne Ports
Business activities in the oil and gas industry in the oil-rich Rivers State, southsouth Nigeria, were disrupted today, as thousands…
NNPC selects 2 Japanese firms for Brass LNG
Nigeria’s immense gas resources took global attention in Tokyo, Japan yesterday at the maiden edition of the LNG Producers –Consumers…
A Former Minister In Oily Mess
Tongues are still wagging following the arrest of former Minister of Interior, Captain Emmanuel Iheanacho, for alleged theft of petroleum…
Shell shuts leaking pipeline
A Shell pipeline taking crude oil to a processing station in Nigeria’s Rivers state was closed after a leak was…
Shell Sells Oil Block For $102m
Shell said Monday it has completed the sale of its share of an onshore oil block in southern Nigeria to…
NUPENG threatens strike from Friday
Long lines formed at some petrol stations in Nigeria’s economic capital Lagos on Wednesday after the National Union of Petroleum…
Reps Pledge Support For Indigenous Operators
Indigenous operators in the nation’s fledging oil and gas sector have been assured of supportive legislature that would guarantee sustenance…
World oil prices slide as Norway strike ends
Global oil prices slid Tuesday after Norway halted an oil workers’ strike that threatened production and news of weak Chinese…
Yakubu, NNPC GMD formally unveiled
The Nigerian National Petroleum Corporation has formally unveiled its new group managing director, Engineer who was appointed last week to…
NNPC GMD Bemoans Nigeria’s Daily Oil Loss To Thieves
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Engr. Austen Oniwon has called on the House of…