Eni facilities attacked again in Nigeria
Italian energy company Eni confirmed Monday that some of its infrastructure in Nigeria was once again the target of a militant attack. A spokesperson for the company confirmed through email Continue Reading
Eni’s Nigeria Pipeline Attacked For The Fourteenth Time This Year
An Italian Eni pipeline has been attacked again, for the fourteenth time this year, putting 4,200 barrels of oil per day of Eni production offline amid a resurgence in militancy. Continue Reading
Nigeria: Jonathan Goes Into Exile, Militants Move to Shutdown Oil Output
There are strong indications that former President Goodluck Jonathan may have gone into temporary self-exile in Cote d’Ivoire, following reports that the Economic and Financial Crimes Commission (EFCC) may arrest Continue Reading
Africa’s largest oil producer has been dethroned
Nigeria has been dethroned as Africa’s largest oil producer. Nigeria’s oil production is now below that of Angola after various attacks on energy infrastructure by a new militant group called Continue Reading
Nigeria: Militants Attack Another Pipeline In Niger Delta
Nigerian militants have carried out another attack on a pipeline in the Niger Delta region, detonating explosives at a section of the Escravos natural gas pipeline in Warri South West Continue Reading
Nigeria Faces Recession Risk as GDP Shrinks in First Quarter
Crude production fell to 2.11m barrels a day from 2.18m Nigeria’s economy risks falling into recession after it shrank in the first quarter as oil output slumped and the manufacturing, Continue Reading
Shell, Exxon Seen as Majors Most Exposed to Nigeria Attacks
Shell may be losing almost 50,000 barrels a day, says Rystad Royal Dutch Shell Plc and Exxon Mobil Corp. are the international oil companies most exposed to violence in the Continue Reading
Nigeria arrests ‘Avengers’ oil militants
The Nigerian army has arrested several suspected members of a militant group called the “Niger Delta Avengers” (NDA), thought to be behind recent attacks on oil pipelines in the south. Continue Reading
Nigerians brace for more fuel queues
Motorists queue to buy petrol at a fuel station in Ahaoda in Nigeria’s oil state in the Delta region, December 6, 2012. The growing fleet of tankers stuck off Nigeria Continue Reading
Nigeria: Militants Give Oil Firms Two Weeks to Shut Operations, Evacuate Staff
The Niger Delta Avengers (NDA), the new face of violent agitation in the oil-rich Niger Delta, yesterday issued a two-week ultimatum to owners and operators of oil concessions in the Continue Reading