Author Archives: Chief Oyibo

$16bn Lost in N�Delta, Says US Report

A new report released by the United States Department of State says an estimated 587,000 bbl/d of crude production was shut-in in Nigeria as of April 2007, owing to increased pipeline vandalism, kidnappings and militant takeover of oil facilities in … read more

Clashes over cleric death

Clashes have broken out in the northern Nigerian city of Sokoto after a high profile Muslim preacher was shot dead. Members of Sunni and Shia sects have fought a pitched battle with one of the three suspected gunmen beaten to … read more

Shell pipeline on fire after protests

An oil pipeline feeding Shell’s Bonny export terminal in southern Nigeria is burning in six separate places but there is no impact on production, a company spokesman said on Tuesday. Precious Okolobo said Shell became aware of the fires on … read more

BPE Defends Sale of PH, Kaduna Refineries

Director-General of the Bureau of Public Enter-prises (BPE), Mrs. Irene Chigbue, said yesterday that due process was observed in the concluded sale of both the Port Harcourt Refinery Company and Kadu-na Refining and Petrochemical Company. This is coming against the … read more