Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Oil and gas
NNPC, Morocco to sign gas pipeline MoU Thursday
The Nigerian National Petroleum Company Limited will on Thursday sign a Memorandum of Understanding with the Office National des Hydrocarbures et des Mines of Morocco. In a series of tweets via its official Twitter handle on Wednesday,…
US, Nigeria Agree on Gas Deployment in Push for Renewable Energy Sources
Mr. John Kerry, the United States' Special Envoy on Climate Change and a member of the country's security council, assured Nigeria yesterday of the country's technical assistance in its efforts to decarbonize its energy sources. Kerry, a…
FG Urged To Revoke N48bn Pipeline Surveillance Contract From Tompolo
A rights activist in the Niger Delta region, Mrs Rita Lori-Ogbebor, has urged the federal government to revoke the N48bn pipeline surveillance contracted it awarded to ex-militant warlord, Government Ekpemupolo, alias Tompolo. She asked…
Nigeria’s central bank urge FG to jettison fuel subsidy policy
Due to the high cost to the economy, the Central Bank of Nigeria (CBN) has stated that the Federal Government of Nigeria (FGN) should "abandon the current fuel subsidy policy." Professor Adeola Festus Adenikinju, a member of the CBN's…
Shell files appeal in court to challenge Jurisdiction over N700bn spill compensation
The Shell Petroleum Development Company (SPDC) has challenged the Federal High Court in Yenagoa's jurisdiction to hear a N700 billion oil spill compensation suit filed by residents of Bayelsa's Aghoro 1 community. The residents of Aghoro…
OPL 245: Why Nigeria Lost $1.7bn Claim To JP Morgan
Nigeria lost a $1.7 billion lawsuit on Tuesday against JP Morgan Chase, a US investment bank, over the transfer of proceeds from the sale of Oil Prospecting Licence (OPL) 245 in 2011. Nigeria claims that JP Morgan was "grossly negligent"…
25 ships discharge petrol, other items at Lagos ports
On Thursday, the Nigerian Ports Authority (NPA) announced that 25 ships had arrived at the Lagos Port Complex to discharge petrol and other goods. The ships were discharging bulk wheat, general cargo, frozen fish, bulk salt, bulk…
Navy arrests, seizes over 6 million liters of crude oil
In weeks five and six of the exercise, the Nigerian Navy (NN) said its troops conducting Operation Daktar Da Barawo (OPDDB) seized over six million litres of crude oil and arrested 20 suspects. Commodore A.O. Ayo-Vaughan, Director of…