News - oil

Nationwide Load- Shedding

13 hours ago /
Nation 

The Transmission Company of Nigeria says as a result of gas pipeline rupture on the 15th of June, 2018, as well as technical issues at the Shell gas wells on the 16th of June, there has been a sharp drop in generation into the grid by a total of 1,087.6MW, resulting in load-shedding nationwide, necessary to maintain stability of the grid.

Oil Spill In Bayelsa Cripples Aghoro Community

1 day ago /
Niger Delta 

The Bayelsa State Government has expressed displeasure at what it described as neglect of responsibility by Shell Petroleum Development Cooperation, SPDC, operating in the state.

Niger Delta Youths Urged To Support FG Peace Initiatives

2 days ago /
Niger Delta 

As Muslims all over the world continue the celebrations of Eid-Il- Fitri, youths in the Niger Delta region have been urged to support the peaceful and crime free initiative of President Buhari's administration for the oil rich region.

Eid-Il-Fitr: Embrace Virtue Of Forgiveness, Love And Understanding-Ndoma-Egba, Yahaya Bello

3 days ago /
Religion 

The chairman of the Niger Delta Development Commission NDDC), Senator Victor Ndoma-Egba has urged Muslims in the country particularly in the oil rich Niger Delta region  to embrace the virtues of forgiveness and common understanding as they join their  counterparts across the world to celebrate the end of the Ramadan fasting season.

Oil Workers Threaten Strike

6 days ago /
Nation 

The petroleum and natural gas senior staff association of Nigeria, Pengassan is threatening to down tools over plans by oil companies to lay off workers

Plan For A World Beyond Oil – Osinbajo Tells African Oil Producing Countries

1 week ago /
Business and Economy  

Vice President Yemi Osinbajo has urged oil producing countries in Africa to make deliberate plans for a world beyond oil.

Edwin Clark Tasks PMB On Niger Delta Development

1 week ago /
Nation 

Elder statesman and leader of the Pan Niger Delta Forum (PANDEF) Edwin Clark wants president Muhammad Bihari to implement the sixteen point demand submitted to him since two thousand and sixteen. 

FG Launches Niger Delta New Vision

1 week ago /
Niger Delta 

The Nigerian Government says the Niger Delta New Vision is designed to develop a new and prosperous Niger Delta through partnership with the federal, and state governments, the private sector and local communities.

ICPC Arraigns Former SEC DG Gwarzo For Fraud

1 week ago /
Nation 

The suspended Director-general of the Securities And Exchange Commission (SEC), Mounir Gwarzo has been arraigned before an Abuja high court on a five-count charge bothering on fraud. 

PIB Intended To Curb Corruption - Saraki

1 week ago /
Nation 

Nigeria’s senate president, Bukola Saraki says the main intent of the updated Petroleum Industry Bill is to curb corruption in the oil and gas sector,  insisting that the existing  law is obsolete having been enacted over 40 years ago.

Kenya Flags Off Oil Production, Export

2 weeks ago /

Many Kenyans have taken to the streets to celebrate as the country become one of the global oil producers.

NNPC Denies Existence Of Royalty Payment For Alesa-Eleme

2 weeks ago /
Niger Delta 

The management of the Nigerian National Petroleum Corporation, NNPC, has dismissed insinuation of an approved 36 billion naira compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host to the  Port Harcourt refining company, a subsidiary of the corporation.

Bill To Establish Biofuel Energy Policy Gathers Support

2 weeks ago /

A bill to establish the Bio Fuel energy policy which amongst other benefits seeks to reduce environmental hazards has received majority support by participants at a public hearing organised by the house of representatives committee on science and technology. 

House Of Reps Considers Bill For A Commission On Small Arms And Light Weapons

2 weeks ago /
Nation 

Nigeria’s house of representatives is moving against the proliferation of small arms and light weapons through a proposed commission that will be responsible for tracing arms flow into the country.  

China to host Iran leader amid nuclear deal upheaval

3 weeks ago /
International News 

Iran's president will attend a summit with his Chinese and Russian counterparts next month, officials in Beijing said Monday, as they try to salvage the nuclear deal thrown into upheaval by Donald Trump.

Bayelsa Government Seeks National Assembly’s Intervention In Brass Liquified Natural Gas Project

3 weeks ago /

The Bayelsa state government wants the National assembly to intervene in the ongoing construction work at the Brass Liquefied Natural Gas, LNG project,  to attract the needed development in the host communities.

Federal Government Says Its Economic Diversification Programme Has Paid Off

3 weeks ago /
Business and Economy  

The presidency says its diversification programme has improved the economy, so much so that the non-oil sector contributed 90.36 %to GDP as against 9.61 % coming from oil earnings.

Women In Extractive Industry Call For 35% Affirmation Action

3 weeks ago /
Gender and Youth Development 

The Nigerian government has again been told to give serious attention to the provisions of a legal framework for the extractive industry, with a view to strengthening it.

Ekiti Inaugurates Refurbished Market

3 weeks ago /
Nation 

Ekiti state governor, Ayodele Fayose has advised residents, especially market women to make good use of completed projects in the state.

Buhari Queries Poor State Of Power Sector Despite Huge Investments

3 weeks ago /

President Muhammadu Buhari has raised questions about the poor state of the Nation's power sector in spite of huge investments in the sector by past administrations in the country. 


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