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Sustained economic sabotage by vandals on Nigeria’s oil-exporting Nembe Creek Trunk Line (NCTL) has led to significant losses in production, operator Aiteo Eastern Exploration and Development Limited said on Sunday.
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, yesterday disclosed that the federal government plans to conduct oil blocks bid rounds in 2020.
Barely 48 hours after Aiteo Eastern Exploration and Production Company announced the reopening of operations on the Nembe Creek Trunk Line (NCTL), the facility has again been shut down.
AITEO group has reiterated her commitment to the development of its host communities and its desire to continue working with her host communities to achieve an amicable relationship.
A fire on Nigeria’s oil-exporting Nembe Creek Trunk Line reported on Sunday has been completely extinguished, operator Aiteo said in a statement.
The Nembe Creek Trunk Line resumed normal operations on March 7 following the plugging of a leak which necessitated the shutdown of the facility on February 28.
The National Oil Spills Detection and Response Agency (NOSDRA) has said the operators of Nembe Creek Oilfields within OML 29 is resisting its efforts to probe the cause of Friday’s explosion in Nembe.
Nigerian oil firm, AITEO, has denied being behind the June 1 protest by hundreds of Niger Delta youth who accused the Commander of Operation Delta Safe, Rear Admiral Apochi Suleiman, and his troops of engaging in illegal oil bunkering.
The Nigerian National Petroleum Corporation (NNPC) yesterday dismissed insinuation that it planned to pay N36 billion compensation allegedly due to Alesa-Eleme community in Rivers State as royalty for playing host to its Port Harcourt Refining Company.
The Nigerian National Petroleum Corporation (NNPC) says oil revenue in the first ten months of the year exceeded the 2017 budget oil benchmark of $44.50 per barrel by 18 per cent.
Gary Neville has likened Sir Alex Ferguson’s approach to recruitment at Manchester United to Pep Guardiola’s methods at Manchester City.
eBay is launching a new “Up & Running” program today that aims to help physical retailers move some of their business online if they’ve been shutdown or are struggling due to the COVID-19 pandemic. As part of that program, eBay is waiving seller fees for new businesses to the platform starting today, April 2nd, through June 30th.
Toyota Nigeria Limited, on Thursday, said it has collaborated with its foremost dealer, Elizade Nigeria Limited, to donate three units of ambulances to Lagos State Government in support of the fight to eradicate the COVID-19 from the state.
In furtherance of the objective of restoring peace and security in the North East of the Country, the Armed Forces of Nigeria (Nigeria Military), through the Air Task Force of Operation Lafiya Dole, has ramped up attacks against terrorists’ locations in Borno State.
The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.
The Nigeria Centre for Disease Control, NCDC, said it made an error in the breakdown of the new 14 coronavirus cases announced for the country on Thursday night.
The Police Commissioner in Abia, Mr Ene Okon, on Saturday confirmed the arrest of three persons suspected to be kidnappers at Obikabia community in Obingwa Local Government of the state.
The Nigerian National Petroleum Corporation (NNPC) has donated medical equipment meant to help combat the spread of the Coronavirus (COVID-19) pandemic in the country to the University of Abuja Teaching Hospital in Gwagwalada, the Federal Capital Territory.
Nigeria announced its first COVID-19 case on February 27 – an Italian who came into the country on February 24 and displayed symptoms of the disease while visiting Lafarge Cement Company in Ewekoro, Ogun State.
The Edo State Government has urged all residents, including traders and businesses to support the Governor Godwin Obaseki-led administration’s efforts to curtail the spread of coronavirus (COVID-19) in the state by complying with the basic precautionary measures and other guidelines to contain the scourge.