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NCDMB: Oil firms attempting to sabotage local content initiative

Nigerian Content Development Management Board, NCDMB, yesterday, stated that it would not be deterred by the antics of oil and gas companies trying to sabotage local content initiative of the Federal Government.

Court: Shell liable to $3.6 billion fine over Bonga oil spill

Oil giant, Shell Nigeria Exploration and Production Company Limited, is liable to a $3.6 billion fine levied on it by the National Oil Spill Detection and Response Agency (NOSDRA) over a 2011 crude oil spill offshore on Nigeria’s coastline, a federal court has ruled.

Ibe Kachikwu: Petrol queues may not disappear soon

The queues for Premium Motor Spirit, popularly known as petrol, in some parts of the country may not go away soon, the Minister of State for Petroleum Resources, Ibe Kachikwu, said on Thursday.

Bonga oil spill: Fishermen lament extinction of source of livelihood

Fishermen in the Niger Delta region on the platform of Artisanal Fishermen Association of Nigeria (ARFAN), has decried that they had lost their source of livelihood to the Bonga oil spill.

Federal govt moves to amend deep offshore act

The Deep Offshore and Inland Basins PSC Act was enacted in 1993 to provide the fiscal framework for foreign investments in deep offshore and inland basin acreages in the oil and gas sector.

NNPC chief Maikanti Baru woos foreign investors for corporation mega projects

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has called on foreign investors to partner with the Corporation in its multi-billion dollar projects expected to come up in the New Year.

Nigeria lost 773,100bpd of crude oil in May – NNPC

The Nigeria oil industry lost 773,100 barrels per day to production shut-in due to product theft and pipeline vandalism in the month of May, 2017.

NNPC loses N48bn as refineries’ performance drops by 45 per cent

Nigerian refineries are still performing poorly as an analysis of the latest monthly oil and gas sector report has shown that their combined performance, with respect to capacity utilisation, has dropped by 44.87 per cent.

Recent Stories

Odion Ighalo in action for his Chinese club

Nigeria’s Odion Ighalo scores ninth goal in China

Odion Ighalo netted his ninth goal of the season in the Chinese Super League today, but his club Changchun Yatai still fell 2-1 at home to title chasers Shandong Luneng.

PDP: APC will lose Bauchi bye-election

The Peoples Democratic party has said that it cannot be intimidated by security agencies in an attempt to disenfranchise its member in the coming senatorial bye-election billed for August 11, 2018.
TODAY.NG

15-year-old raped by brother jailed over abortion

A 15-year-old girl who was raped by her older brother has been jailed for six months for having an abortion, an Indonesian official said Saturday.
Alex Otti

Abia guber: I have forgiven Olisa Metuh – Alex Otti

Governorship candidate of the All Progressive Grand Alliance, APGA, in the 2015 election in Abia State, Dr.Alex Otti , said he had forgiven the former spokesman of the Peoples Democratic Party, Chief Olisa Metuh, for the role he played during the collation of the results of the election at the INEC collation centre , Umuahia , in 2015.
ethiopia

‘Prophet’ arrested after trying to resurrect corpse

An aspiring prophet has been arrested in Ethiopia after he failed to bring a dead man back to life.