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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.
A senior officer of the council, who preferred anonymity, confirmed the death, saying, “he has been battling with an undisclosed illness since December last year before he finally succumbed to the cold hands of death.
Tottenham manager Jose Mourinho is giving nothing away on a potential exit for Christian Eriksen but wants Kylian in the club.
Apple dropped plans to let iPhone users fully encrypt backups of their devices in the company’s iCloud service after the FBI complained that the move would harm investigations, six sources familiar with the matter told Reuters.
Leicester City manager Brendan Rodgers says Wilfred Ndidi has made “a miraculous recovery” after undergoing a minor surgery for a knee injury.
The United States on Tuesday called for an immediate resumption of Libya’s lifeline oil exports that have been blocked by forces loyal to military strongman Khalifa Haftar since last week.
Ogenyi Onazi is looking forward to making his first appearance for Turkish Super Lig outfit, Denizlispor against champions Galatasaray on Sunday .
Justice Sylvester Ngwuta, who headed the seven-man panel of the apex court, dismissed the appeal filed by Jeremiah Useni of the Peoples Democratic Party.
Thomas Meunier is one of the many Paris Saint-Germain players who will be out of contract at the end of the season unless an offer is made. Given his quality and the potential of a free transfer, several big European clubs have set their targets on the Belgium international.
The Governor of Bauchi State, Bala Mohammed, yesterday said though he travelled to London for medical reasons, he was not on admittance in the hospital.
Rivers United nicked a hard fought draw in Kano against Jigawa Golden Stars to go joint top of the table with Plateau United after a Festus Austin late own goal canceled Cletus Emotan early first half strike in the MatchDay 16 of the 2019/2020 NPFL season at the Sani Abacha Stadium, Kano, on Monday.