Nigeria’s main militant group denied responsibility for an attack on a supply vessel belonging to U.S oil company Chevron Corp. (CVX) Wednesday. “The Movement for the Emancipation of the Niger Delta (MEND) is not responsible for the attack. We are … read more
Former Nigerian President Olusegun Obasanjo has denied any responsibility for the failure of the country’s power generation industry. In a 5,000 word written submission to a parliamentary investigation panel, he said his administration had increased the amount of power generated. … read more
The Nigerian government will investigate allegations that international oil companies operating in the upstream sector employ more foreigners than allowed by the law, an official statement said. Junior petroleum minister Odein Ajumogobia told leaders of the blue-collar oil union NUPENG … read more
THE Economic and Financial Crimes Commission (EFCC) on Monday told an Abuja High Court that the moves by Senator Iyabo Obasanjo-Bello to judicially circumvent her trial over the N300 million scandal in the Ministry of Health would lead to a … read more
PETROLEUM products tanker drivers nationwide yesterday issued a 21-day ultimatum to the Federal Government within which it is to rehabilitate all bad roads in the country. The tanker drivers, under the aegis of the Petroleum Tanker Drivers (PTD) union, in … read more
PRESIDENT Umaru Musa Yar’Adua has directed the Directorate of Security Services (DSS) to arrest and interrogate officials of the National Airspace Management Agency (NAMA) over their roles in the alleged doctoring of the transcript of the Voice Flight Recorder between … read more
Production looses arising from the protracted Niger Delta crisis and alleged inability of the Nigerian Government to properly fund its own share of the Joint venture has put the Shell Petroleum Development Com-pany of Nigeria (SPDC) in a financial crisis. … read more
Detained leader of the Movement for the Emancipation of the Niger Delta (MEND) Henry Okah has taken the Federal Government to court, seeking to stop gas flaring in the country. In the suit in which the Attorney-General of the Federation … read more
Major oil companies operating in Nigeria that routinely disengage their indigenous staff under the pretext of redundancy and employ casual workers will henceforth face the wrath of the Federal Government. The Minister of State for Energy, in-charge of Petroleum, Mr. … read more
WITH the imposition of a penalty of $3.50 per thousand standard cubic feet (SCF) of flared gas on defaulting companies, the Federal Government has taken a major step to encourage domestic utilisation of gas resources. The measure came barely a … read more