Reuters) – Rival militant factions in Nigeria’s oil-producing Niger Delta have clashed in an apparent turf war, killing at least four people, security officials said on Wednesday. The fighting started late on Tuesday at Abonnema, around 14 km (9 miles) … read more
The management of Niger Dock Nigeria Plc has deviated from its mandate of ship building and repairs and has turned itself into a center for gun running, the House of Representatives Committee on Privatisation and Commercialisation charged yesterday. Committee chairman … read more
ANOTHER day of drama was it yesterday as the House adhoc committee investigating activities in the oil sector disclosed that out of the signature bonus of $628 million expected from the exercise between 2000 and 2004, only $222 million had … read more
In recent times, the Federal Government has been working on two options towards resolving the Niger Delta crisis. As the option of holding either a summit or a series of discussions is being considered, the FG has also stepped up … read more
There was a deafening noise. And then the two four-storey shopping plaza under construction in Jabi, Utako district of Abuja, were mere rubbles. By last night, two persons had been confirmed dead, but eye witnesses said more people might have … read more
Aja-Omaetan community in Warri North of Delta State have accused Chevron Nigeria Limited of deploying heavily armed security men to the area following agitation by the people against the unbearable suffering imposed on them and their environment by CNL from … read more
Nigeria�s crude oil production which currently hovers between 1.8 million and 2 million barrel per day has dropped further, as Shell Petroleum Development Company (SPDC) yesterday shut in production of 130,000 barrels per day owing to an attack on its … read more
THE Nigerian Army ruled out, yesterday, the use of force by it in dealing with the militancy in the Niger Delta, on a day militants bombed two Shell Petroleum oil pipeline in Rivers State. The Chief of Operations of the … read more
The Department of Petroleum Resources (DPR) could not account for eight oil blocs out of the 77 offered in the 2005 bid round, nor could it account for the $2.6bn Signature Bonus realised during the bidding process, the House of … read more
(Reuters) – Five Russian oil workers kidnapped from their vessel off Nigeria’s Niger Delta last week have been released unharmed, a senior state security official said on Monday. “They’re looking healthy but tired,” the official said, asking not to be … read more