News - oil

China, Bayelsa Partner To Create More Jobs

3 days ago /
Business and Economy  

A group of Chinese businessmen have indicated interest to invest in Bayelsa State’s economy, create multiple Job and support the government to further provide opportunities for other businesses in the state to grow. The ‎leader of the delegation, chairman of Wave Investment, and member of the communist party in China, Xue...

Ifeanyi Ubah Released From DSS Custody

4 days ago /
Nation 

The Managing Director of Capital Oil and Gas Limited, Mr Ifeanyi Ubah, has been released from detention by the Department of State Services (DSS). Mr Ubah was released unconditionally on Monday night after being detained for six weeks. The DSS arrested Mr Ubah early in May, accusing him of engaging in acts...

Attack On Igbo Is Attack On All, Say Southern Leaders

6 days ago /
Nation 

Leaders of Southern Nigeria held an emergency meeting in Lagos yesterday where they urged the Federal Government to take urgent steps against the ultimatum given to Igbo to vacate the north as any attack on any easterner would be considered as an attack on all. At the meeting by the apex...

House Of Reps Calls On INEC To Decentralize The Voter Registration

1 week ago /
Nation 

Nigeria’s house of representatives has called on the independent national electoral commission, INEC to exercise where the ward is large. The lawmakers took this decision to ensure that the challenges hampering the exercise are addressed to avoid disenfranchising prospective voters. The lawmakers are worried that the continuous voter registration exercise...

Militants Give Northerners October 1 To Quit Niger Delta

1 week ago /
Nation 

At the joint meeting between the Coalition of Niger Delta Agitators and youth leaders across the region to review the state of the nation, the militant leaders demanded an immediate return of oil blocs owned by northerners to the Niger Delta people.

PIB Passes Second Reading At House Of Reps

1 week ago /
Nation 

The House of Representatives is making progress on the Petroleum Industry Bill (PIB). Three bills seeking to reform different aspects of Nigeria’s petroleum and gas industry scaled through the second reading on Thursday after an extensive debate with most lawmakers speaking in support of the bills. Some lawmakers, however, noted that the...

Osinbajo: FG Is Developing A Framework For Modular Refinery In Nigeria

1 week ago /
Nation 

Acting president Yemi Osinbajo says the federal government is developing a framework that would allow any one with proven record to run modular refinery in Nigeria. Professor Osinbajo who said this at the modular refineries association of Nigeria discussion forum in Abuja on Thursday, noted that the present administration is committed...

Boxing Champion Anthony Joshua To Visit Nigeria In August

1 week ago /
Sports  

World Boxing heavyweight champion, Anthony Joshua, is set to visit Nigeria on a three-day tour in August, during which he would pay courtesy calls on Acting President Yemi Osinbajo in Abuja; and the governors of Lagos and Ogun states. He would also visit some royal fathers, including the Ooni of Ife,...

Nigeria Sees Surge In Separatist Sentiments

1 week ago /
Nation 

Nigeria’s government is calling for national unity after southerners were given an ultimatum to leave the country’s north, triggering renewed calls for independence elsewhere. The Arewa Youth Consultative Forum last week said Igbos living in the mainly Muslim north should go back to the largely Christian south by October 1. At least...

Obaseki Urges Top Japanese Firms To Invest In Edo

1 week ago /
Nation 

Edo State Governor, Godwin Obaseki, has urged top Japanese companies to take advantage of the state’s available resources for productive investment. The governor said this at a meeting with some representatives from Mitsubishi, Sojitz, Toyota, Sumitomo, Yamaha, Yokogawa, Panasonic and the Japanese Trade Organisation (JETRO). He urged them to plan potential investments...

US Envoy Hails NDDC’s Stakeholders Engagement In Service Delivery

1 week ago /
Nation 

The United States envoy to Nigeria, Ambassador William Stuart Symington, has commended the Niger Delta Development Commission (NDDC), for communicating constantly with its stakeholders to ensure efficient service delivery to the people of the Niger Delta. Ambassador Symington gave the commendation when he led a delegation from the US mission in...

Police Parade Notorious Kidnap Kingpin Evans, Six Gang Members

1 week ago /
Nation 

The Nigerian Police Force has paraded one Chukwudi Dumeme Onuamadike, a.k.a Evans, who it says is the leader of a notorious kidnap gang behind many abductions that have instilled fear in Nigerians. Onuamadike was paraded on Sunday along with six suspected top members of his gang at the headquarters of the...

Wike Wants UN To Prevail On FG For Ogoni Cleanup

2 weeks ago /
Nation 

Rivers State Governor, Nyesom Wike, has called on the United Nations to prevail on the Federal Government to implement the cleanup of Ogoni land, which was flagged off last year. He made the call on Thursday when he received the U.N. Resident/ Humanitarian Coordinator, Mr Edward Kallon, at the Government House...

No Plans To Concession Nigeria’s Oil Refineries – Kachikwu

2 weeks ago /
Nation 

The Federal Government has refuted allegations of an improper concession of the Port Harcourt Refinery, following an oversight hearing at the National Assembly. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, made the clarification on Thursday in Abuja. Dr. Kachikwu was speaking while addressing a press conference at the Nigerian...

Ekiti Petroleum Marketers Suspend Strike

2 weeks ago /
Nation 

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), Independent Petroleum Marketers Association of Nigeria (IPMAN) and other related oil and gas unions in Ekiti State have resolved to suspend the over two-week-old industrial action embarked upon by their members with immediate effect. This follows a peace parley chaired by...

Amnesty, Others Seek Cleanup Of Ogoni Polluted Sites

2 weeks ago /
Environment  Nation 

The Environmental Rights Action, Amnesty International, and Friends of the Earth Europe have called for the immediate clean-up of Ogoni in Rivers State.One year on from when the implementation of a United Nations Environment Programme (UNEP) report on Ogoniland was officially supposed to begin, the communities of the Niger Delta are...

Indonesia Seeks More Crude From Nigeria

3 weeks ago /
Nation 

Indonesia, one of south East Asia emerging economy, has indicated interest to purchase more crude oil from Nigeria. The Indonesian ambassador to Nigeria, Harry Purwanto, stated this in Abuja when he paid a courtesy visit to the group managing director of Nigerian national petroleum corporation, NNPC, Maikanti Baru. Purwanto, says his country's...

Biafra: South-South Group Disowns Secession Plans, Expresses Confidence In One Nigeria

3 weeks ago /
Nation 

The clamour for the rebirth of the defunct Biafra Republic received another deadly blow on Thursday as another ethnic group has distanced itself from the agitation.  The South-South Progressive Coalition has therefore warned the Indigenous People of Biafra and the Movement for the Actualization of the Sovereign State of Biafra (MASSOB) to stop...

Nigeria Accounts For 40% Of Gas Flared Annually In Africa – Senate

3 weeks ago /

The Senate said, yesterday, that Nigeria accounts for over 40 per cent of the gas flared annually across Africa, which amounts to about $7 billion in waste. It also declared Nigeria was losing over $2.5 billion to gas-flaring annually and that the country also accounts for an estimated two billion standard...

Air Force Bombs Boko Haram Insurgents

3 weeks ago /
Security 

The Nigerian Air Force (NAF) on Tuesday said its newly acquired all-weather helicopter gunship, Mi-35M Super Hind, recorded its first hit in battle against the Boko Haram insurgents in the North-East. Director of Public Relations and Information, Air Commodore, Olatokunbo Adesanya  said on  21 May, NAF Component of Operation “LAFIYA DOLE” conducted...


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