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Oil and Gas
ZAMFARA GOLD: New Militant Group To FG: Pay 13% Derivation Directly To Oil Producing Communities.
A new coalition of 36 militant groups, Continuous Emancipation of Niger Delta, CEND, has called on the federal government to pay 13 per cent derivation directly to oil and gas producing communities or would be forced to carry out continuous…
Supreme Court Affirms Rivers State Purchase Of OML 11, Kidney Island
The Supreme Court has affirmed Rivers state government acquisition of 45 percent equity stake of Shell Petroleum Development Company in Oil Mining Lease (OML) 11 and Kidney Island in Port Harcourt.
Rivers State government acquisition of…
Uzodimma Commissions 5000BPD Modular Refinery In Imo, Tasks Waltersmith Group On CSR
The nation Nigeria and Imo State in particular has achieved a historic milestone as Gov. Uzodimma on behalf of President Muhammadu Buhari Commissioned the first ever Modular Refinery in Nigeria sited in Imo State, with production put at…
LASG Threatens To Clampdown On Illegal Tank Farm Operators Next Week
The Lagos State Government has declared that it would, next week, commence Physical Planning enforcement on all Tank Farms illegally operating in the State.
The Commissioner for Physical Planning and Urban Development, Dr. Idris Salako,…
Niger Delta Groups Issue 11-Day Ultimatum To FG, Want Fuel Sold At N120 Pump Price
The Niger Delta Youth Council NDYC and the Coalition of ex-Niger Delta Agitators Forum have expressed disappointment at the recent fuel price hike, giving a 11-day ultimatum to the federal government to peg the pump price at ₦120 per litre…
TOTAL Has Invested $10bn In Nigeria Between 2013 – 2020- Sangster
Total E and P Nigeria Limited has disclosed that it has invested an approximately US$10 billion in the country between 2013 to date , but maintained further that the nation has only benefitted from less than 5% of all investments in oil and…
FESTAC LINK BRIDGE :Petroleum Tanker Falls , As Residents Scoop Content
A tanker laden with 33,000-litre of petrol has fallen while moving along Festac Link Bridge in Lagos State on Sunday, November 8, spilling the content on the ground.
After the accident which left fuel gushing out from the tanker on the…
Clean Marine Fuels: Total Charters Four New LNG-Powered Vessels
Total is pursuing its strategy to reduce greenhouse gases emissions in maritime transportation, by chartering four Aframax-type vessels equipped with Liquified Natural Gas (LNG) propulsion. These vessels, each with a capacity of 110,000…
OPEC+ Set For A Three Month Output Rollover
Saudi Arabia and Russia will probably agree to extend their oil production cuts and postpone planned increases when they meet for talks with their OPEC+ partners at the end of November.
For tactical reasons, both countries are…
Court Strikes Out Bayelsa State Suit On Soku Oilfield
The Supreme Court has struck out a suit filed by the Bayelsa state government over the disputed Soku oilfield belonging to Rivers State.
The apex court said by seeking for it to make judicial pronouncement on a matter that the Court of…