The International Maritime Organisation (IMO) on Monday declared as totally unacceptable the increasing wave of kidnapping for ransom of seafarers and ships in the Niger Delta and tasked the Federal Government to take urgent steps to address it. The Secretary … read more
FRESH facts emerged at the weekend over the disappearance of the Beechcraft 1900D plane which was flown out of the country on March 15 and was declared �missing� by air traffic agencies. Sources in the aviation sector said the plane … read more
Unidentified gunmen killed five policemen and seized several weapons in a raid on a police station in the oil-rich southern Nigerian state of Rivers on Sunday, a police spokeswoman said. The attack took place early on Sunday on Bonny Island, … read more
The Nigerian National Petroleum Corporation has suspended further production of diesel and kerosene at the Warri Refinery and Petrochemical Company. Consequently, the unit producing kerosene and diesel in the pioneer refining plant has been shut down. Our correspondent learnt that … read more
APPARENTLY worried about the pathetic food situation in the country, the 36 state governors will today gather in Abuja to suggest ways out of the problem. The parley, which will be held at the Kwara State Government Lodge, Abuja, is … read more
The strike at ExxonMobil’s Nigeria affiliate entered its fourth day Sunday with the shutdown of nearly all of the company’s 800,000 barrels per day output. Gilbert da Costa in Abuja reports talks to resolve the dispute have been constrained by … read more
Roughly 58% of Nigeria’s oil pumping capacity remained shut Saturday following an ongoing oil worker’s strike and a series of recent militant attacks on energy infrastructure in Africa’s biggest crude producing nation. Dozens of workers of Exxon Mobile Corp.’s (XOM:XOM … read more
Senior staff of the Mobil Producing Unlimited, the offshore arm of the ExxonMobil that produces about 860,000 barrels of crude per day, has finally shutdown all the company�s production locations to press home their demands for improved welfare packages and … read more
ABDUCTORS of wife of oil magnate, Chief Humphrey Idisi, Chairman of Lonestar Drilling Limited, have given him two days within which to pay a ransom, which they had slashed by half to N500 million. They threatened further that if he … read more
The top hierarchy of the Joint Task Force named �Operation Restore Hope,� Effurun, Delta State is not impressed by the roles being played by a committee set up by the state government to ensure security in the waterways, suspecting the … read more