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Uganda, Tanzania and oil firms Total and CNOOC on Sunday signed agreements that will kickstart the construction of a $3.5 billion crude pipeline to help ship crude from fields in western Uganda to international markets
The immediate-past Commander of the Joint Task Force (JTF) in the Niger Delta, Rear Admiral Akinjide Akinrinade (rtd.), yesterday said the security outfit foiled 1,291 attacks on three crude export pipelines in the past two years.
The Bayelsa Government has announced the suspension of all agreements between international oil firms and their host communities across the state.
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.
The Shell Petroleum Development Company of Nigeria (SPDC) says allegations of involvement in oil theft at its Bonny Crude Export Terminal is misleading.
Meanwhile, oil companies such as Royal Dutch Shell, ExxonMobil, Total and Eni, are cutting billions in spending after taking hits to their profits, shifting money to renewable fuels and focusing only on the most cost-effective markets.
The National President of the Host Community of Nigeria Producing Oil and Gas, Benjamin Tamaranebi, on Sunday insisted that the 2.5 per cent, proposed in the Petroleum Industry Bill, being supported by the Minister of State for Petroleum Resources, Timipre Sylva, was not acceptable.
Preliminary investigations into the January 16, 2021 oil leak near Funiwa offshore facilities. off the Atlantic coast have commenced with a visit by Bayelsa government officials, regulatory agencies and representatives of impacted communities.
Three Ijaw leaders have approached the Federal High Court in Yenagoa to halt the process leading to bids for marginal oilfields located in their domains pending the determination of their suit.
The Nigerian Agip Oil Company (NAOC) on Thursday said the Nov. 20 explosion at its oil field in Bayelsa would adversely impact crude export to the tune of 30,000 barrels daily.
Akwa Ibom State government has spoken of plans to convert solid waste being generated in the state to electricity to power its industrial city, Commissioner for Environment and Petroleum Resources, Sir Charles Udoh, has said.
The Group Managing Director of the NNPC, Mr Mele Kyari, who made the disclosure in a statement, said the announcement of winners was consistent with its commitment to transparency and accountability in all its activities.
The NNPC has reportedly issued award letters for highly sought-after contracts to exchange crude oil for imported fuel, with some Nigerian oil firms beneficiaries.
The ruling All Progressives Congress, APC, has described Monday’s meeting of governors of the opposition Peoples Democratic Party PDP as a jamboree and a complete waste of time, accusing the state executives of engaging in name calling and abuses.
The Peoples Democratic Party (PDP) Governors’ Forum has unanimously has asked President Muhammadu Buhari to immediately summon the meeting of the Nigerian Police Council...
Governors under the aegis of the Nigeria Governors’ Forum (NGF) have appealed to the Nigeria Labour Congress (NLC) to exercise calm and restraint in its engagement with the Kaduna State government.
The 27-year-old has grown frustrated over the club's inability to compete at the highest level, having seen his side fall out of contention to secure Champions League football for next season.
Juventus are studying the future and are reportedly considering Napoli coach Gennaro Gattuso as a possible alternative to replace Andrea Pirlo.
Hazard has struggled for form since swapping Chelsea for Madrid in a €100 million (£86m/$121m) deal back in June 2019, with persistent injury problems preventing him from living up to that hefty price tag.
Jamie Vardy is looking to add to his growing medal collection with Leicester City after helping the Foxes to win their first FA Cup.
A Minnesota judge ruled aggravating factors were involved in the death of George Floyd, opening the possibility of a longer sentence for former Minneapolis police officer Derek Chauvin, court records revealed on Wednesday.
Manchester United center forward Edinson Cavani cannot wait to play in front of the club's supporters.
Sensational winger Anayo Iwuala will miss Sunday’s CAF Confederation Cup quarterfinal clash at Pyramids of Egypt due to accumulation of bookings.