(AP) _ Gunmen on Thursday attacked a compound where foreigners work in Nigeria’s restive southern oil region, shooting one foreigner and spiriting another away by boat into the region’s vast network of creeks, police said. � The boat-borne gunmen hit … read more
The leader of the Niger Delta Peoples Volunteer Force, Alhaji Mujahadin Asari-Dokubo, on Tuesday dismissed recent threats by the Movement for the Emancipation of the Niger Delta to resume attacks on oil installations and abduction of foreign oil workers in … read more
Swiss firm Addax Petroleum has offered to buy ExxonMobil’s 40 percent interest in oil block 1 of the Nigeria-Sao Tome Joint Development Zone (JDZ) in the Gulf of Guinea. Making the announcement yesterday, the company said it would pay $77.6 … read more
There are strong indications that Nigeria may be heading for a diplomatic row with the United States of America over the �No Oil Producing and Exporting Cartel� bill passed by both chambers of the United States Congress. The Nigerian Senate … read more
Vice President Goodluck Jonathan yesterday announced that the delayed all-inclusive Niger- Delta summit which is being planned is now to hold in October.The proposed summit is to among other things fashion a road map towards the involvement of every stakeholder … read more
Acting Executive Director, Finance and Administration of the Niger Delta Development Commission (NDDC), Elder Power Ziakede Aginighan, has commended President Umaru Yar’Adua, over the decision to grant amnesty to the militants in the Niger Delta Region. He said this singular … read more
Vice-President Good-luck Jonathan has enjoined Nigerian entrepreneurs to invest in the Niger-Delta, to arrest the negative socio-economic trends in the region. Also, Governor of Delta State Emmanuel Uduaghan, has pledged the support and encouragement of his administration to any local … read more
There were indications on Monday that the Federal Government had sought the repatriation of a leader of MEND, Mr. Henry Okah(alleged alias Gbomo Jomo), from Angola. Findings by our correspondent revealed that the Federal Government informed its Angolan counterpart that … read more
The president of the world wide Ijaw Youth Council in Nigeria�s troubled Niger Delta is calling on the militant youths to hold off any armed attacks and kidnappings in the region and give the government of President Umaru Yar�Adua time … read more
Western oil companies reinforced security in Nigeria yesterday after a rebel group threatened to resume attacks on Africa’s largest oil industry, but security sources played down the risk of a major disruption. The Movement for the Emancipation of the Niger … read more