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
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
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
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 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
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
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
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
Exxon Mobil said a drilling rig damaged some of its pipelines in Nigeria. The incident is the latest blow for Nigeria’s oil sector, which has been plagued by a series Continue Reading
The Niger Delta Avengers militant group issued a two-week ultimatum to oil companies operating in Nigeria’s oil rich Niger Delta region, warning companies to shut down or risk attack, the Continue Reading
