News

Chevron Union Shuts Down Offices Nationwide

Petroleum and Natural Gas Senior Staff Association of Nigeria (Pengassan) and Nigerian Union of Petroleum and Natural Gas Association (NUPENG) union members of local Chevron unit yesterday began strike at the Chevron’s administrative offices throughout the country . The action … read more

Militants call ceasefire

The militant group behind some of the worst attacks on Nigeria’s oil infrastructure and the kidnap of oil workers has announced a ceasefire. The group, the Emancipation of the Niger Delta (Mend) said it followed an appeal made by elders … read more

Oil Firms to Pay NDDC N47bn

The Niger Delta Development Commission (NDDC) is to receive $405.774 million from oil companies operating in the Niger Delta region this year. This fact emerged yesterday during the presentation of NDDC’s 2008 budget to the National Assembly. Of the amount, … read more

US Pushes for Cut in Fuel Subsidies

To check the unending rise in crude oil prices, the United States has asked countries to �reduce untargeted subsidies� in a �reasonable and timely way�. But the one-day summit of oil producers and consumers held in Jeddah, Saudi Arabia, yesterday, … read more

Gunmen Abduct Rivers� CJ Brother

The spate of kidnappings, which had hitherto abated for sometime resurfaced yesterday as gunmen in Elelenwo, Rivers State, abducted Mr. Alawari Ndu, the younger brother to the state�s Chief Judge, Justice Iche Ndu. The incident, which was said to have … read more