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Category: Nigeria

Category:
  • Nigeria

Nigeria Secures Second Exclusion From Opec Output Freeze

Nigeria again got members of the Organisation of Petroleum Exporting Countries (OPEC) and its other non-producers allies led by the Russian Federation, to exempt it from limiting the volume of Continue Reading

Posted On : 29 May 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: No Pipeline Vandalism Recorded in Three Months – Nigerian Govt

The Nigerian government, Wednesday, said it has witnessed no pipeline vandalism arising from militant activities in the Niger Delta in the past three months. The Minister of State for Petroleum Continue Reading

Posted On : 6 May 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: NEITI Begins Audit of Oil Companies, Govt’s Revenues in 2015, 2016

The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that it has started the processes of a comprehensive independent audit of the oil and gas sector, as well as revenues Continue Reading

Posted On : 2 May 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Seizes Foreign Vessel for Alleged Theft of Shell Crude

Nigeria detained a vessel with crew members from countries including Pakistan, Indonesia and Ukraine for alleged theft of crude from a facility owned by Royal Dutch Shell Plc, the navy Continue Reading

Posted On : 27 Apr 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Malabu Scandal – Group Wants Nigerian Govt Involved in Italian Trial

The Human and Environmental Development Agenda, HEDA Resource Centre, has petitioned Vice President Yemi Osinbajo, requesting the representation of Nigeria as an aggrieved party in the hearing of the Milan Continue Reading

Posted On : 26 Apr 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Said to Let Market Set Naira Rate on Exchange Window

Central bank Governor Emefiele said to tolerate naira dropping Naira forward contracts jump to highest levels since March Nigeria’s central bank will let the market determine the naira’s rate in Continue Reading

Posted On : 25 Apr 2017 Published By : Tom Whipple
Category:
  • Nigeria

Africa: Two Oil Giants Could Face Trial in Italy Over Nigerian Deal

This Thursday a Milan court is to decide whether to go ahead with criminal proceedings against the oil giant Shell and its Italian partner ENI in connection with the purchase Continue Reading

Posted On : 21 Apr 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Nowhere to Hide – Prosecutors Turn Up the Heat On Oil Execs At Heart of Corruption Scandal

The latest developments in a multi-billion dollar corruption scandal show how the net is closing in on oil bosses who allow shady deals to happen on their watch – and Continue Reading

Posted On : 21 Apr 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria to Restore Oil Output Even as OPEC Weighs Extending Cuts

Bonga, Forcados facilities will restart by July after work OPEC must extend cutbacks to keep prices above $50 a barrel Nigeria will revive oil production this summer as it completes Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • Nigeria

Shell Knew Nigeria Ex-Minister’s Company Would Get Oil-Deal Cash

Transaction under investigation amid allegations of corruption Company previously said it was unaware minister would be paid Royal Dutch Shell Plc said it knew some of the $1.1 billion paid Continue Reading

Posted On : 12 Apr 2017 Published By : Tom Whipple

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