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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.

Federal government to conduct fresh oil blocks bid rounds in 2020 – minister

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.
Aiteo Group

Aiteo announces closure of Nembe Creek Trunk Line 48 hours after reopening

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

AITEO reiterates commitment to development of host communities

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.
Aiteo Group

Aiteo: Fire extinguished on Nigeria’s oil-exporting NCTL pipeline

A fire on Nigeria’s oil-exporting Nembe Creek Trunk Line reported on Sunday has been completely extinguished, operator Aiteo said in a statement.

Aiteo extinguishes fire outbreak in Nembe creek

Aiteo Eastern E&P Co LTD Monday said that its Operations Emergency Response team was able to instantly contain a fire outbreak around NCTL near Awoba.
Aiteo Group

Aiteo fixes leak, restarts 150,000 bpd Nembe creek oil export pipeline

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.

NOSDRA accuses Aiteo of blocking Bayelsa fire probe

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.

Illegal oil bunkering: AITEO denies sponsoring protest against JTF commander

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.

NNPC: No plan to pay N36 billion compensation to Port Harcourt Refinery host community

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.

Nigera’s oil revenue exceeds 2017 benchmark by 18 per cent – NNPC

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.

Aiteo shuts Nembe creek trunk line over leakage

Aiteo Eastern Exploration and Production Company on Friday said that it had shut the Nembe Creek Trunk Line (NCTL) for emergency repairs following the detection of oil leakage.

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