There are indications that the Federal Government will abandon its price modulation policy this week and embrace deregulation in order to allow private marketers resume importation and sell at profitable Continue Reading
Nigeria is the largest oil producer in Africa, though it’s plagued with risks as much of the industry is in the conflict-prone Niger Delta, analysis finds. The U.S. Energy Information Continue Reading
Royal Dutch Shell latest to come under attack in Nigeria from a militant group calling itself the Niger Delta Avengers. File Photo by Stephen Shaver/UPI ABUJA, Nigeria, May 9 (UPI) Continue Reading
Royal Dutch Shell PLC has evacuated nonessential staff from one of its Nigerian oil fields amid mounting militancy in the country’s oil-rich Niger Delta region. The company has reduced staff Continue Reading
Young men became entangled in a swirl of flying fists. Gas station workers swatted away boys hoping to fill their plastic cans. A mother with a sleeping baby in her Continue Reading
Nigeria is suffering a worsening bout of oil disruption that has pushed production to the lowest in 20 years, as attacks against facilities in the energy-rich but impoverished nation increase Continue Reading
Militant group the Niger Delta Avengers said it’s knocked Chevron operations offline in the region after attacking oil and gas installations. Photo by Lilac Mountain/Shutterstock ABUJA, Nigeria, May 6 (UPI) Continue Reading
Normalcy has returned to most filling stations in Abuja as the long fuel queues that characterized them in the past months have eased. But the scarcity of petrol is still Continue Reading
Militants in the Niger Delta yesterday blew up the Chevron Valve Platform located on the high sea near Escravos in Warri, Delta State in a renewed attack on oil installations Continue Reading
Tullow Oil says its TEN field project is now over 90 percent complete and that, its first oil remains on target for July and August this year. FPSO Professor John Continue Reading
