Bayelsa State government has said it will not disclose the state of its finances, so as not to embarrass Vice President Goodluck Jonathan. It, however, said �if the EFCC will do its job well, some people should be running away … read more
(Reuters) – Suspected armed robbers shot dead a Lebanese businessman in the southern Nigerian city of Port Harcourt in the Niger Delta, the local police commissioner said on Friday. Felix Ogbaudu said the robbers locked the apartment block’s security guard … read more
Citing the barrage of criticisms that have since trailed its acquisition of the Port Harcourt Refinery, Bluestar Oil Services Limited Consortium, owned by Aliko Dangote�s Equity Energy Resources, Femi Otedola�s Zenon Oil, and Transnational Corporation yesterday resolved to vacate its … read more
The Economic and Financial Crimes Commission has repatriated a former Governor of Bayelsa State, Chief Diepreye Alamieyeseigha, from Dubai, United Arab Emirates. A source in the commission, who informed our correspondents of the development, said the former governor breached security … read more
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
Niger Delta militants will today propose four terms including the release of former Governor Diepereye Alamieyeseigha of Bayelsa State and a general amnesty for a general cease- fire in their quest for self determination. The terms of the cease-fire will … read more
President Umaru Yar�Adua on Wednesday directed the National Oil Spill Detection and Response Agency to ensure that oil companies were made to pay for spills recorded by them in their areas of operation. Yar�Adua gave the directive just as our … read more
There is apprehension over the failing health of two expatriates currently being held hostage by a militant group at Alabeni, Ekeremor Council in Bayelsa State. The hostages, a Bulgarian and a Scot, working for Peak Petroleum, a contracting firm to … read more
YOUTHS of Obe community in Orhionmwon Local Government Council of Edo State have threatened to blow up the Shell flow station this weekend, should the state government fail to re-constitute the membership of the newly constituted Oil and Gas Producing … read more
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