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Oil Mining Lease
The people of Polobubo, Opuama and other riverine communities in Delta State have raised the alarm over a crushing oil spillage that has left a villager dead and several persons hospitalized.
Afreximbank has disbursed 250 million dollars as part of its support for Trans Niger Oil and Gas Ltd (TNOG) to acquire 45 per cent stake in Oil Mining Lease (OML) 17 onshore oilfield.
Earlier on Wednesday, Kelvin Ebiri, special assistant to the governor of Rivers state on media, said the Island used by Shell as their operational base in Port Harcourt now belongs to the state government following a certificate of purchase registered in Port Harcourt’s lands registry.
Rivers State Government on Wednesday declared possession and sealed off oil assets loaded Kidney Island, once the operational base of Shell Petroleum Development Company (SPDC) in Port Harcourt.
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.
A Federal High Court in Abuja has set aside the purported reversal of the consent given by the Federal Government for the farm-out agreement between Chevron and Transnational Energy Limited (TEL) on the Abigborodo and Hely Creeks marginal fields in the Oil Mining Lease (OML) 49.
The Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining Lease 40 involving its partners, Elcrest Exploration and Production Nigeria Limited.
The Nigerian National Petroleum Corporation, NNPC, Wednesday, disclosed that its legal team won four major court cases bordering on disputes surrounding oil wells and export terminals that helped the country saved Nigeria N5.04 billion.
Nigerian National Petroleum Corporation (NNPC), on Saturday, said it has signed an agreement with its partners in Oil Mining Lease, OML, 130, China National Offshore Oil Company (CNOOC) and South Atlantic Petroleum (SAPETRO), to settle all outstanding fiscal issues surrounding the development of the oil assets which had lingered since 2006.
Edo Government says the ongoing Modular Refinery project at Ologbo in Ikpoba-Okha Local Government Area of the state, will on completion, drive the state’s industrial revolution quest.
Nigerian Maritime Administration and Safety Agency (NIMASA) has sent an investigative team to unravel the circumstances surrounding a recent fire incident at a wellhead offshore in Ondo State.
The National Oil Spills Detection and Response Agency (NOSDRA) on Monday said that the ongoing fire at Ororo oilfield at Oil Mining Lease (OML) 95 is being investigated.
Nigeria has sued an oil exploration production company, ALLIED ENERGY PLC, owned by Texas-based billionaire Kase Luqmon Lawal to demand $35.7 million debt.
Rivers State Governor, Nyesom Ezenwo Wike, has assured the Ejamah Community and other host communities of Oil Mining Lease (OML) 11 that the Rivers State Government will defend their right in any ensuing legal battle over the oil facility acquired by the Rivers State Government.
Total is seeking to sell its 12.5 per cent stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources have said.
The Nigerian National Petroleum Corporation (NNPC) says it has publicly opened bids from 14 companies for the financing and redevelopment of Oil Mining Lease (OML) 119.
The Nigerian Investment Promotion Commission on Friday said it recorded a total investment commitment of $9.29bn in the third quarter of this year.
The Nigerian Petroleum Development Company Limited (NPDC), an Upstream Subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported a fire incident which occurred at Oil Mining Lease (OML) 20 at Egbema-West, Imo State Monday 7th October 2019.
Rivers State Governor, Nyesom Wike, has decried the faulty electoral system in the last 20 years of the nation’s democracy, declaring that it is responsible for the poor leadership selection process.
The Rivers State Government has acquired 45 per cent of Shell Petroleum Development Company’s interest in Oil Mining Lease 11 in Ejama and other communities in Ogoni.
The Rivers State Governor, Nyesom Wike, on Monday said that the state government had acquired the 45 per cent interest of Shell Petroleum Development Company of Nigeria in Oil Mining Lease 11 located in Ejama Ebubu community, Eleme Local Government Area and other communities in Ogoni.
In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey.
Lagos State Government has inaugurated a six-member Governing Board for Alternative High School for Girls In Aboju area of the state.
Iran began enriching uranium to 60% purity in order to show its technical capacity after a sabotage attack at a nuclear plant, and the move is quickly reversible if the United States lifts sanctions, the Iranian government said on Tuesday.
The Director General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Imaan Sulaiman Ibrahim, has called for effective counter - Trafficking policies and ideas to tackle the manace of human trafficking.
A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has asked young people in Nigeria to actively participate in politics and help reshape the future of the country.
The Transmission Company of Nigeria (TCN) said it has completed the reconductoring of the 132 kilovolts (kV) double circuit Sokoto to Birnin Kebbi power transmission line.
The Federal Capital Territory Administration (FCTA) has put in place an Input Support Initiative strategy aimed at increasing access to critical agricultural inputs to support all year farming in Abuja.
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has reassured of government’s determination to rescue Chibok girls from their abductors, insisting that contrary to beliefs in some quarters that no action was being taken by the federal administration, it was determined to get the girls out of captivity.
The apex northern sociocultural group, Arewa Consultative Forum (ACF), has again praised the Zamfara State government for exposing the security men who are working for bandits in the State.
Two persons detained by the operatives of the National Drug Law Enforcement Agency (NDLEA) at the Murtala Mohammed International Airport (MMIA) have excreted a total of 191 pellets of heroin and cocaine while under observation.