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BP to Partner Ekiti on Bio-Fuels, Refineries
EKITI State and the British Petroleum (BP) are set to partner in the area of bio fuel as well as crude and refined oil products. This is part of the outcome of ...
Conoco CEO confirms sale of Nigeria assets
Ryan Lance, the new chief executive officer of ConocoPhillips, on Wednesday confirmed that the U.S. exploration and production company plans to sell its Nigerian assets, but said a deal was not imminent. ...
Total bores relief wells to tackle Nigeria Gas Leak
French oil company Total has begun drilling two relief wells at a gas plant in Nigeria that was shut down last month because of a leak caused by a technical incident, it ...
Oil Theft Forces Shell to Declare Force Majeure on Bonny Light
Shell has declared force majeure on Bonny Light crude cargoes. The force majeure took effect from Friday afternoon. According to the oil multinational, it was forced to take the action due to ...
600 Illegal Refineries Destroyed in Delta State
Fear gripped the people of Mango Village, and those around the Gbekebor waterways in Burutu Local Government yesterday when the 3 Battalion of Nigerian Army, Effurun, and Joint Task Force, JTF, destroyed ...
Nigeria’s Scanpower Partners Siemens on 1,600 MW Power Plant in Lekki
Siemens, one of the world’s leading providers of energy solutions has been partnered by Nigerian company – Scanpower to build a 1,600 Megawatt Gas turbine power station in Lekki. Chief Executive Officer ...
Nigeria to Ship Six Cargoes of Bonny Light Crude in June
Nigeria, Africa’s largest oil producer, plans to ship six cargoes of benchmark Bonny Light crude in June after two lots for loading in May were deferred, according to a loading program obtained by ...
Integrated Oil Debunks Fuel Subsidy Report’s N13.2 Billion Claim
Integrated Oil, Chaired by former Minister of the Interior Captain Emmanuel Iheanacho, has debunked the allegations contained in the report on the fuel subsidy which state it is liable to the tune of ...
Delta monarch leads protest against Agip, Demands Cow and N 10 Million
The Odiologbo of Irri Kingdom, Isoko South Local Government area, Delta State, HRM Oviese Ojenuwe II, weekend, led a peaceful protest against Nigerian Agip Oil Company, accusing the firm of sidelining his ...
Royal Dutch Shell Evaluating $4 Billion Investments in Niger Delta
Peter Voser, the CEO of Royal Dutch Shell has disclosed that the company is evaluating projects worth over $ 4 billion in Nigeria. According to a statement released on the company’s website ...
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