Shell: Crude Oil Theft In Nigeria Rose 50% In 2017
Despite the fact that Nigeria as a whole managed to increase and stabilize its crude oil production last year, crude oil theft on Shell’s pipeline network resulted in a 50-percent Continue Reading
Nigeria: Petroleum Products Top 45 Vessels Expected At Lagos Ports
No fewer than 45 vessels are expected to berth at Lagos ports in two weeks, with 15 of such vessels laden with Premium Motor Spirit (PMS), otherwise known as petrol.Vessels Continue Reading
Nigeria: Pain, Tears of Oil Exploitation – Gas Flare, Acid Rain Still Haunt Niger Delta
When oil and gas production started at the Erhoike flow station, Kokori/Orogun bloc, Delta State in 1963, just three years after the nation’s independence, the villagers, chiefly subsistence farmers, who Continue Reading
Nigeria: NNPC’s Refineries Contributed Only 0.55 Percent to Nigeria’s GDP in 2016, Says Report
Abuja — A study commissioned by the Nigerian Natural Resource Charter (NNRC) and conducted by the Centre for Petroleum, Energy Economics and Law (CPEEL), University of Ibadan on the contributions Continue Reading
Nigeria Upstages Angola in Crude Oil Production
Nigeria has steadily overtaken Angola as the top oil and gas producer in Africa, with an increased out put of 91,500 barrels per day (bpd) in February 2018. Angola, which Continue Reading
How Tillerson’s Exxon Designed an Oil Deal to Skirt Anticorruption Scrutiny
The drilling rights the company sought in Liberia, however, appeared to be linked to former officials from the West African nation, according to internal Exxon documents reviewed by The Wall Continue Reading
How Tillerson’s Exxon Designed an Oil Deal to Skirt Anticorruption Scrutiny
The drilling rights the company sought in Liberia, however, appeared to be linked to former officials from the West African nation, according to internal Exxon documents reviewed by The Wall Continue Reading
Nigeria: FAAC Meeting Deadlocked Over Discrepancies in NNPC Revenue
The three tiers of government couldn’t share revenue for the month of February owing to discrepancies of about N37.76 billion in revenue presented by the Nigeria National Petroleum Corporation (NNPC). Continue Reading
Nigeria: PENGASSAN, Oil Companies’ Dispute Deepens
The labour dispute between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the oil service firms has worsened despite efforts by Petroleum Technology Association of Nigeria Continue Reading
Nigeria: Adeosun Calls Crucial Meetings As Low NNPC Revenue Stalls Allocation to States, Others
Representatives of the 36 states and the Federal Capital Territory, Abuja returned home on Tuesday disappointed as the Federation Accounts Allocation Committee (FAAC) meeting ended in confusion in Abuja amid Continue Reading