Court remands 16 foreigners for alleged oil theft in Rivers state
A Federal High Court in Port Harcourt, Rivers state on Monday, November 14, remanded in custody, 16 foreign nationals on a 3-count charge bothering on oil theft in Nigeria’s Niger Delta.The 16 foreigners from Poland, India,!-->!-->!-->!-->!-->…
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Nigeria-Morocco Gas Pipeline Technical Committee Appraises Project Timeline
The technical committee of the Nigeria-Morocco gas pipeline project, composed of representatives of the oil companies of Senegal, Mauritania and Nigeria, ECOWAS and Morocco, have appraised progress of the project with a view to ensure!-->!-->!-->…
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Nigeria’s Crude Oil Production Surged 1.01mbpd in October 2022
Following the reopening of the Forcados crude oil pipeline by Shell Petroleum Development Company in October and the recent clampdown on illegal pipeline connections at various locations,the nation’s crude oil production volume!-->!-->!-->!-->!-->…
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Anguish as Flood Overwhelms Nigeria, Property Owners!
From Pakistan to Florida, Ghana to Nigeria - particularly in riverine and coastal towns and cities - and many other parts of the world, floods and hurricanes - triggered by extreme weather conditions and human factors - are!-->!-->!-->…
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International Chamber of Commerce, Nigerian Shippers Council close ranks to facilitate Trade in…
–By Aisha Abubakar Saleh
The International Chamber of Commerce (ICC) Nigeria has called for collaboration with the Nigerian Shippers’ Council (NSC) in an effort to aid trade facilitation in Africa.Segun Olugboyegun, who is the!-->!-->!-->!-->!-->!-->!-->…
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TCN Not for Sale, Federal Government Insists
By Danlami Nasir Isah
The federal government has denied any plans or its willingness to sell the Transmission Company of Nigeria (TCN) to any party.The Minister of Power, Abubakar Aliyu, in a statement by his media aide, Isa!-->!-->!-->!-->!-->!-->!-->…
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Petrol subsidy not sustainable – IPMAN
The Independent Petroleum Marketers Association of Nigeria (lPMAN), says subsidy on Premium Motor Spirit, popularly known as petrol, is no longer sustainable.Mr. Mike Osatuyi, the National Operations Controller of lPMAN, in an!-->!-->!-->!-->!-->…
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Canada, Nigeria target oil and gas methane emissions with new laws
A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. Picture taken May 6, 2020. REUTERS/Todd Korol/File PhotoOil and gas producers Canada and Nigeria have become the latest countries to tackle the potent!-->!-->!-->…
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Nigeria Signs $10bn Oil Deal To Unlock Investment
Nigeria has signed an offshore oil deal with Shell, Exxon, Total and Eni, that the state says will generate millions, settle disputes and open the way to a $10 billion investment.The “Execution of Oil Mining Lease (OML) 118!-->!-->!-->!-->!-->!-->!-->…
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Nigeria’s .4MB/D Forcados Export Terminal Starts Export Month End
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced that the Forcados oil terminal will resume export operations by the end of the month “when ongoing essential repairs would have been completed”.“In!-->!-->!-->!-->!-->…
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