Oil and Gas

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has described Shell Petroleum Development Company’s (SPDC) claim of deploying aerial cameras to track oil spills as a plot to distract Nigerians from their demand on the firm to fix its ...

The House of Representatives has ordered the immediate probe of the alleged act of negligence by the Ministries of Justice and Petroleum Resources leading to the award of a $9.6 billion judgment debt against Nigeria in the gas swap deal ...

The Nigerian National Petroleum Corporation (NNPC) and its joint venture partners, Shell Production Development Company (SPDC) and Belema Oil, have resolved their dispute over the operations of Oil Mining Lease (OML) 25. The parties at the signing of a peace ...

Stakeholders have identified the cumbersome procurement processes in awarding contracts and non-payment of firms handling the project as reasons for the delay in the cleanup of Ogoniland. They spoke yesterday at a joint meeting of Governing Council and Board of ...

Rivers State Governor Nyesom Wike has charged the Federal Government to collaborate with oil-producing states to tackle economic sabotage being perpetrated by oil thieves. Blaming collusion between oil thieves and security agencies for huge oil losses in the country, he ...

The Nigerian National Petroleum Corporation (NNPC) has said oil and gas pipeline vandalism rose by 77 per cent in June this year. The newly released June edition of the corporation’s Monthly Financial and Operations Report (MFOR) showed that 106 pipeline ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) and Office of the Auditor General of the Federation (AGF) have revealed that national planning in Nigeria is being undermined by poor data disclosure among agencies of government. NEITI, which pledged to work ...

Imo State Governor, Emeka Ihedioha, has alleged that former Governor Rochas Okorocha approved and used about N11.2 billion to build ultra-modern police headquarters and hospitals donated to the military, projects under Federal Government’s purview. Ihedioha made the allegation in a ...

Disturbed by the damage caused to the environment by fossil fuel extraction, Oil Watch Africa, a network of 15 African countries, has urged continental leaders to end the opening of new reserves for the product. The network, in a declaration ...

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPPC), Mele Kyari, has said the Nigeria-Morocco Gas Pipeline (NMGP) project would open new opportunities for the realisation of the most populous black nation’s gas development plan. President Muhammadu ...