Home Topics Oil Companies

Oil Companies

Society bans diver over alleged forgery of medical certificate

Hyperbaric Medical Practitioners Society of Nigeria (HMPSN) yesterday said a diver and member of the National Association of Professional Divers (NAPROD), Comrade Jason Kuru. has been banned for a year over alleged forgery of medical certificates.

Bayelsa assemblyman sues for peace as community, Shell bicker over agreement

Lawmaker representing Yenagoa Constituency 3 in the Bayelsa State House of Assembly, Hon. Teddy Elemefuro, has sued for peace between the Shell Petroleum Development Company (SPDC) and other oil companies and the youth of his constituency over feuds resulting from alleged non-implementation of GMoU in oil host communities of the area.
Chief Ndueso Essien, a former Minister of Lands, Housing and Urban Development, has said that abandonment of societal values contributed much to increased rape cases.

Communities’ participation in oil better than 13 per cent derivation – ex-minister

A former minister of Lands, Housing and Urban Development in Nigeria, Nduese Essien, has said that allowing oil-producing communities to participate in Nigeria’s petroleum industry would be the best option for the development of the troubled Niger Delta region.

World Bank: Nigeria, six others top gas flaring countries

The World Bank says Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring countries for nine years running.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senator Lawan: Senate will pass PIB in May, Electoral Bill in June

The President of the Senate, Ahmad Lawan, has said the National Assembly would pass the Petroleum Industry Bill (PIB) and the Electoral Amendment Bill in May and June, respectively.
Chief Timipre Sylva, Minister of State For Petroleum Resources, on Friday said the Nigerian Oil and Gas Park Scheme (NOGAPS) at Emeyal, Ogbia Local Government Area, Bayelsa will create at least 2,000 jobs on completion.

Group asks minister to resign over ‘betrayal’ of Niger Delta

A platform for one of the ethnic groups in Rivers, the Ikwerre People’s Congress, IPC, has asked the Minister of Petroleum (State) Mr. Timipre Sylva to resign over his claims that the International Oil Companies operating in Nigeria cannot relocate their headquarters to Niger Delta because of insecurity.

Lawyers seek end to violent agitations in Niger Delta

The Nembe-Se Lawyers Forum, a group of Niger Delta legal practitioners, have called for an end to violent agitations in Nigeria, saying that it has negatively affected national unity.
The Federal Government will go the whole distance to put measures in place to address flooding on the Lagos-Ibadan rail line, Minister of Transportation, Rotimi Amaechi has assured.

Warri-Itakpe rail line freight services to create more jobs

The federal government at the weekend stated that the freight services on the Warri-Itakpe standards gauge railway line would create more jobs for Nigerians and promote the ease of doing business in the country.
Chief Timipre Sylva, Minister of State For Petroleum Resources, on Friday said the Nigerian Oil and Gas Park Scheme (NOGAPS) at Emeyal, Ogbia Local Government Area, Bayelsa will create at least 2,000 jobs on completion.

Minister: Oil multinationals ready to relocate to Niger Delta if…

Minister of State for Petroleum Resources, Chief Timipre Sylva, has sued for sustainable peace in the Niger Delta, saying the quest to have multinational oil companies relocate their operational headquarters to the region cannot be achieved in an atmosphere of rancour and violence.
The Federal Government will go the whole distance to put measures in place to address flooding on the Lagos-Ibadan rail line, Minister of Transportation, Rotimi Amaechi has assured.

Nigerian government inaugurates Warri-Itakpe railway line after 30 years

The federal government has unveiled the Warri-Itakpe standards gauge railway 30 years after it started constructing the rail line designed to transport iron ore from Itakpe to Ajaokuta and Aladja Steel Rolling Mills in Delta.
A woman walks over pipelines crisscrossing Ogoniland in Rivers State, Nigeria September 18, 2020. Picture taken September 18, 2020. REUTERS-Afolabi Sotunde-File Photo

Nigeria refines energy reform bill to attract more big oil cash

Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved with the legislation said and a letter from oil companies, seen by Reuters, showed.

Bayelsa residents block House committee members from Agip spill site

Residents of Biseni clan, Yenagoa Local Government Area of Bayelsa, on Thursday blocked members of the House of Representative Ad-Hoc Committee on Oil Spills and Remediation from performing their functions.
Governor Godwin Obaseki of Edo state has charged governments at all levels to prioritise agriculture and adequately harness the untapped potentials of the sector to fast-track economic growth and development.

Edo governor: Nigeria in huge financial trouble

The governor of Edo, Godwin Obaseki, says Nigeria is in huge financial trouble.
The state’s Deputy Governor, Senator Lawrence Ewhrudjakpo, who disclosed this during a meeting with traditional rulers from the Southern Ijaw Local Government Area, said the review had become necessary to promote peace and development in the various communities.

Bayelsa reviews chieftaincy and community administration laws

Bayelsa State Government has announced plans to review its Chieftaincy and Community Administration Law to enable traditional rulers contribute more effectively towards good governance and community development.
President Muhammadu Buhari says Nigeria Liquified Natural Gas (NLNG) has generated $114 billion in revenues over the years, $9 billion in taxes, $18 billion in dividends to the Federal Government and $15 billion in feed gas purchase.

President Buhari: Nigeria to leverage 600 trillion cubic feet of gas to diversify economy

President Muhammadu Buhari has assured that his administration will leverage on Nigeria’s robust gas resources, currently standing at 600 trillion cubic feet, to urgently industrialize the country and ultimately diversify it away from petroleum, which is gradually being discarded for cleaner energy sources that gas provides.
President Muhammadu Buhari says Nigeria Liquified Natural Gas (NLNG) has generated $114 billion in revenues over the years, $9 billion in taxes, $18 billion in dividends to the Federal Government and $15 billion in feed gas purchase.

President Buhari: NLNG generates $114 billion over years

President Muhammadu Buhari says Nigeria Liquified Natural Gas (NLNG) has generated $114 billion in revenues over the years, $9 billion in taxes, $18 billion in dividends to the Federal Government and $15 billion in feed gas purchase.
Nigerian National Petroleum Corporation (NNPC)

NNPC reduces cash-call debts to IOCs by $3.11 billion

The Nigerian National Petroleum Corporation (NNPC) has so far paid a total of $3.118 billion cash-call debts owed the five major international oil companies (IOCs), leaving an outstanding debt of $1.570, according to statistics released by the corporation.
Governor Douye Diri has expressed worry over the development, following the lifting of the ban on interstate travel.

Bayelsa suspends MoUs between oil companies, host communities

The Bayelsa Government has announced the suspension of all agreements between international oil firms and their host communities across the state.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Minister: Petrol pump price remains N162

The federal government has once again stated that the petrol pump price remains N162 per litre, adding that it is having discussions with the Nigeria Labour Congress and other stakeholders regarding full deregulation.

Biafra group threatens violence, orders oil companies out of Bakassi peninsula

The militia wing of the Biafra Nations League (BNL) has issued a quit notice to companies operating under Nigeria in the Bakassi peninsula.
A gang that specialises in stealing wellheads from oil rigs in the Niger Delta region has been smashed by the Surveillance and Enforcement Team of the Independent Petroleum Marketers Association of Nigeria, IPMAN, led by Sector ‘C’ Coordinator, Eshanekpe Israel, popularly called Akpodoro.

IPMAN surveillance team nabs wellheads thieves in Delta

A gang that specialises in stealing wellheads from oil rigs in the Niger Delta region has been smashed by the Surveillance and Enforcement Team of the Independent Petroleum Marketers Association of Nigeria, IPMAN, led by Sector ‘C’ Coordinator, Eshanekpe Israel, popularly called Akpodoro.
An Italian court has declared Shell, Eni and their managers all acquitted in the controversial Malabu scandal. They were all acquitted by the court yesterday.

Malabu scandal: Italian court acquits Shell, Eni managers

An Italian court has declared Shell, Eni and their managers all acquitted in the controversial Malabu scandal. They were all acquitted by the court yesterday.

Recent Stories

“At this moment, l cannot say how many students were taken away by the gunmen until l get there, but we have already mobilized security men and members of the vigilantatè who are now in pursuit of the abductors,” the commissioner stated.

Two ‘killed’, one injured as robbers attack bullion van in Ondo

Two persons were feared killed while one was injured as bank robbers attacked a bullion van at Bolorunduro area in Ondo East council area of Ondo state.
Governor Oluwarotimi Akeredolu of Ondo State has granted amnesty to 11 inmates serving various jail terms in correctional centres in the state to mark the beginning of 2021.

Ondo governor commiserates with Pastor Adeboye over son’s demise

Ondo State Governor Rotimi Akeredolu has commiserated with the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, over the death of his son, Pastor Dare Adeboye.
L-R: Katsina state Governor, Honourable Bello Masari. Kebbi’s state Governor, Senator Atiku Bagudu, Governor, Central Bank of Nigeria, Godwin Emefiele and President, Maize Farmers Association Bello Abubakar Annur (with Reflective jacket) at the Flag- off of the National Maize harvest and Loan Recovery and launching of 2020/2021 Dry Season Maize Farming in Katsina on Thursday, May 6, 2021

CBN governor vows to block maize importation

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand.
1. Vice President Yemi Osinbajo on Wednesday presided over the weekly Federal Executive Council (FEC) meeting at the State House, Abuja.

VP Osinbajo: Nigeria’s unity must not be compromised

Nigeria’s Vice President, Prof. Yemi Osinbanjo, on Thursday, insisted that the unity of the country should not be compromised in anyway.
Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), says buyers were begged to purchase Nigeria’s crude oil at $9 per barrel in April.

NNPC: We’ll commission rehabilitated PHC refinery in 2023

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has assured Nigerians that the Port Harcourt Refinery Complex (PHRC) will roar back to life on or before April 5, 2023 when repairs would have been completed.

Most Popular

Suleiman Adamu, Minister Of Water Resources

Minister: 28 states at risk of severe flooding

No fewer than 28 states are likely to experience severe flooding this year, the Minister of Water Resources, Suleiman Adamu, announced on Thursday.
The worst that people feared about the missing Akwa Ibom woman has happened, Iniobong Umoren, the Philosophy graduate of the University of Uyo, who left her home for a supposedly job interview in the outskirt of Uyo, has been raped and killed.

Police: Missing woman raped, killed in Akwa Ibom

The worst that people feared about the missing Akwa Ibom woman has happened, Iniobong Umoren, the Philosophy graduate of the University of Uyo, who left her home for a supposedly job interview in the outskirt of Uyo, has been raped and killed by a man who said he had a job opportunity for her.
The highly infectious variant of the novel coronavirus that is predominant in the United Kingdom may be up to 70 percent more deadly than previous strains, according to a report by the government’s scientific advisers.

Nigerian records 55 new coronavirus infections

The Nigeria Centre for Disease Control (NCDC) has registered 55 new cases of COVID-19, bringing the total number of infections in the country to 165,110.
The House of Representatives, Tuesday, intervened in the conflict between telecommunication companies and banks over N42billion debts from Unstructured Supplementary Service Data(USSD).

House to probe e-ticketing of Abuja-Kaduna train service

The House of Representatives is to investigate the efficiency of the Abuja-Kaduna rail line e-ticketing, less than four months after the launch of the platform.

HEDA: Lagos anti-graft law unconstitutional

The Human and Environmental Development Agenda (HEDA) says the Public Complaints and Anti-Corruption Commission Bill (2021) recently signed into law by Babajide Sanwo-Olu, governor of Lagos state, is unconstitutional.