Out of sight, out of mind and out of risk, was Shell’s strategy in shifting the focus of its Nigerian exploration activity offshore in the Gulf of Guinea. But a gang of thugs in high-powered speedboats has just wrecked the … read more
(Reuters) – Nigeria’s senior oil workers’ union PENGASSAN said on Thursday it will resume talks with Chevron Corp after the government intervened late on Wednesday to avert an imminent strike. “Since the government has created a platform to continue talks, … read more
Niger Delta militants on Thursday made good their threat to resume attacks on oil workers and facilities by hitting the multi-million dollar Bonga and Pennington oil fields of the Shell Petroleum Development Company. Three oil workers, including an American, were … read more
The Rivers State Truth and Reconciliation ommission sitting in Port-Harcourt relocated to Abuja during the week to take evidence from at least four of the prominent citizens of the state over the myriad of criminal allegations leveled against them by … read more
Five vessels each laden with 15,000 metric tonnes (about 20 million litres) of premium motor spirit (PMS) also known as petrol are being held on the high seas pending when the Department of Petroleum Resources (DPR) secures clearance from the … read more
Electricty workers have threatened to resist the proposed declaration of a state of emergency in the power sector by President Umaru Yar�Adua The workers, under the aegis of the National Union of Electricity Employees, said at a news conference in … read more
FORMER Secretary to Rivers State Government, Dr Abiye Sekibo, yesterday told the State�s Truth and Reconciliation Commission sitting in Abuja that there would be no peace in the state until incumbent Governor, Rotimi Amaechi, was ready for peace. Sekibo also … read more
THE Movement for the Emancipation of the Niger Delta (MEND) has dismissed the Federal Government’s plan to grant amnesty to militants who are prepared to lay down their arms. Also, a former Minister of Petroleum Resources, Prof. Tam David-West, has … read more
LAGOS, Nigeria (AP) _ The most powerful militant group in Nigeria said it launched a rare attack against an offshore oil installation on Thursday. Royal Dutch Shell PLC said it shut down production from the area after the violence. A … read more
Royal Dutch Shell (RDSa.L: Quote, Profile , Research) has stopped production at its Bonga offshore oilfield in Nigeria, which pumps an average of around 220,000 barrels per day, after an attack by gunmen, a spokesman said on Thursday. The strike … read more