Oil& Gas
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Port Harcourt Refinery, two others record N6 billion operational expenses without production
A recent report released by the Nigerian National Petroleum Corporation, NNPC, reveals that without production, the three national refineries recorded…
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Oil Spills: Dutch court orders Shell to pay Nigerian farmers
A Dutch court has ordered the Nigerian subsidiary of Shell to pay compensation over oil spills in Nigeria’s Niger Delta,…
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Host communities kick against proposed privatisation of NNPC
The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has faulted Federal Government’s proposal to unbundle the Nigerian National…
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NNPC to raise about $1 billion in a prepayment to refurbish Port Harcourt Refinery
The Nigerian National Petroleum Corporation (NNPC) is in talks to raise about $1 billion in a prepayment with trading firms…
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Rivers State Govt acquires SPDC 45% interest in Oil Mining Lease (OML) 11
Rivers State Governor, Nyesom Wike, has announced that the Rivers State Government has fully acquired Shell Petroleum Development Company of…
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MEND threatens to shutdown SPDC over LCA
The Movement for the Emancipation of the Niger Delta (MEND) has threatened to shut down operations of oil major, Shell…
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Soku oilfield: Supreme Court strikes out Bayelsa state’ suit against Rivers
The Supreme Court on October 27, struck out a suit filed by the Bayelsa State Government challenging the Federal High…
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At least seven stowaways arrive Southampton in Crude oil vessel from Nigeria
A major incident occurred on October 25, after a group of stowaways were discovered hidden aboard an oil tanker as…
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Petrol price hike: PETROAN Calls for Truce on Proposed NLC Strike
President Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Dr Billy Gillis-Harry has called on the Nigeria Labour Congress…
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78 firms struggle for upgrade of Nigeria’s downstream pipeline as NNPC opens bid round
Seventy-eight companies are now in contention for the upgrade of Nigeria’s downstream pipelines and related depot and terminal assets after…
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