All On, which is a seeded company of Shell, has advised Nigeria to initiate and implement a graduated and weighty tax system on the production, assemblage and importation of power Continue Reading
Daily, about 126 heavy-duty trucks jot across a massive land area that is seven times the size of Victoria Island. This is aside the 750 heavy-duty equipment stationed in what Continue Reading
The Federal Government has accused former President Goodluck Jonathan and the former Minister of Petroleum Resources, Diezani Alison-Madueke, of accepting bribes and breaking the country’s laws to broker a $1.3 Continue Reading
The Movement for the Survival of the Ogoni People (MOSOP) said it had uncovered plans by the Nigerian government to commence oil drilling in Ogoniland using security agencies and criminally Continue Reading
Notwithstanding its increased production output of 1.95 million barrels daily (mbd) for April, according to the latest S&P Global Platts survey, Nigeria’s output remains below the 2019 budget benchmark of Continue Reading
Nigeria’s deepwater operations have generated over $180 billion following a capital investment of more than $65billion made by the players in the oil and gas industry, the Group Managing Director, Continue Reading
The United States refineries have upped their imports of Iraqi, Nigerian, Brazilian, and Angolan crude oil, with May volumes, double that of April levels, data from Refinitiv Eikon has shown. Continue Reading
A key oil pipeline and a logistics base in Nigeria’s oil-rich Niger Delta have been impacted by a shutdown and protests, the operator of the facilities said on Monday, in Continue Reading
The Nigerian government is seeking about $3.5 billion in damages from oil giants Eni and Shell over the controversial Malabu oil deal, PREMIUM TIMES has gathered. The new claim is Continue Reading
Protesters in Nigeria’s Nembe region barricaded the logistics base of oil company Aiteo on Sunday and briefly disrupted its operations, the company said. Aiteo had just reopened its Nembe Creek Continue Reading
