Nigeria: Fuel Scarcity Throws Nigerians Into Panic
Nigerians have been thrown into panic following the re-emergence of long queues at fuel stations in parts of the country. The situation, amid rumour of hike in pump price of Continue Reading
Nigeria Delta Protestors Shut Down Two Oil Wells
Protestors shut down Adibawa wells 4 and 10, which feed into a flow station of the same name. Hundreds of demonstrators, comprising youths, elderly people, and women gathered to sing Continue Reading
How Nigeria’s Oil Industry Went Local
The biggest real-estate foreclosure in Manhattan’s history began with a Nigerian jet-fuel binge. Kola Aluko, now in hiding from the authorities of multiple countries, allegedly spent so much money on Continue Reading
Can Nigeria And Libya Avoid A Production Cut?
Beyond discussing the broader terms of the production cut deal, OPEC will crunch the numbers of exempt producers Libya and Nigeria this week to see if their oil production has Continue Reading
Nigeria Makes First Step Away From Oil
Nigeria’s state oil company is venturing into renewable fuels with a contract that will see a bioethanol plant built in the state of Kebbi, in northeastern Nigeria. The plant will Continue Reading
Nigeria: Reps Kick Against Nigerian Govt’s Plan to Spend $1.8 Billion On Refineries
The House of Representatives has criticised a bid by the Nigerian National Petroleum Corporation, NNPC to spend $1.8 billion on the maintenance of the refineries across the country. In a Continue Reading
Gambia emerging as new oil frontier
West African explorer FAR Ltd. said Tuesday that an independent audit has uncovered at least 1 billion barrels of oil offshore Gambia. FAR Ltd., an Australian company with a strong Continue Reading
Nigeria: Again, Militants Threaten Proposed Pandef Meeting in Warri
The Reformed Niger Delta Avengers (RNDA), has again kicked against the proposed Tuesday meeting of the Pan Niger Delta Elder Forum (PANDEF) in Warri, Delta State, describing the meeting as Continue Reading
Nigeria: Militant Group Threatens Attack On SPDC Facilities
Supreme Egbesu Tigers of Africa, a militant group in the Niger Delta region, yesterday, threatened to attack oil and gas facilities belonging to Shell Petroleum Development Company, SPDC, in Ekeremor Continue Reading
Nigeria: Crude Oil Suffers Setback As More Traders Opt for U.S. Blend
Nigeria’s crude oil is under serious pressure at the international market, as Asian refiners have increasingly been moving away from their usual favourite, frequently opting for United State (U.S) crude Continue Reading