The operations of the American oil firm, Chevron Nigeria Limited, suffered further setback in the Niger Delta region on Tuesday as Ijaw youths occupied its Otunana flow station in Warri South Local Government Area of Delta State. The youths reportedly … read more
Unknown attackers destroyed the country home of Nigeria’s vice president-elect, Goodluck Jonathan, with dynamite on Wednesday and blew up a nearby police station, killing one officer, officials said. The attacks came before dawn in oil-rich southern Bayelsa state, where Jonathan … read more
Royal Dutch Shell PLC’s Nigerian joint venture has called a force majeure on oil exports from the Bonny Light field in Nigeria in the wake of an attack on an oil facility. Shell spokesman in London Adam Nugent said Wednesday … read more
Protesting Itsekiri youths on Monday seized the Warri offices and clinic of an American oil firm, Chevron Nigeria Limited, in Delta State. The youths, led by some prominent Itsekiri, including two local government chairmen in the state, were said to … read more
President Olusegun Obasanjo yesterday at Bori, the headquarters of Ogoniland handed a warning to the Movement for the Survival of Ogoni People to stop being a clog in the wheel of progress as their agitative stance was no longer useful … read more
The Federal Government may jack up the penalty charged for every 100 standard cubic feet of gas flared to N13,000 ($100) from the current N10, if it adopts the recommendations of the Department of Petroleum Resources. This is one of … read more
The 2007 oil licensing round held last Friday in Abuja has fetched the Federal Government $615.452 million in the form of signature bonuses to be paid by the winning companies that participated in the bidding conference. A report of the … read more
Jackup drilling rig and liftboat operator Hercules Offshore Inc. said Monday it will evacuate all its nonessential expatriate personnel from Nigeria, amid increased attacks in the country on oil workers. Hercules said the move is related to the decision by … read more
Protesters have occupied an oil facility in Nigeria’s restive southern region, causing oil production cuts of 170,000 barrels per day in the latest disruption to hit Africa’s biggest producer, a spokesman for Royal Dutch Shell PLC said on Tuesday. Precious … read more
Nigerian labour unions called for a two-day strike to protest against vote-rigging in last month’s elections, an umbrella body of unions said on Sunday. The Nigeria Labour Congress (NLC) did not give a date for the strike but said it … read more