13% derivation: Oil communities fault payments into state govt accounts

Oil and gas producing communities in Akwa Ibom state have joined their voices in calling for payment of 13 per cent derivation direct to...

Oil producing firms in N Delta face possible losses over 2015 elections

Oil producing firms in the Niger Delta risk losing their investments to pre- and post-2015 election conflicts unless urgent steps are taken to avert...

DESOPADEC official abducted, police orderly killed

A policeman attached to an official of the Delta State Oil Producing Areas Commission, DESOPADEC, was killed, Friday night, by gunmen suspected to be...

SURE-P must produce practical result of subsidy money – Mark

Senate President, Senator David Mark, Thursday challenged the Subsidy Re-investment Programme (SURE-P) to produce what he described as practical evidence of the money realised...

Gas leak from Agip’s oil field pollutes Bayelsa community

Fury and fear have pervaded Ikarama community, located near Taylor Creek in Yenagoa local council of Bayelsa since Monday, when it was exposed to...

SURE-P generates 116,000 jobs nationwide – FG

The Federal Government says Community Services Women and Youths Employment, CSWYE, project of the Subsidy Reinvestment and Empowerment Programme, SURE-P, has generated no fewer...

JTF arrests Bayelsa traditional ruler for crude oil theft

One of the foremost traditional rulers in Bayelsa State (name withheld) is in the custody of the Joint (Military) Task Force (JTF) on the...

Chevron spends N480bn yearly on Nigerian operations

Chevron Nigeria Limited spends more than $3 billion (N480 billion) yearly in its operations and had invested $4 billion (N640 billion) in the economy...

JTF impounds 28 vessels, barges involved in Rivers’ oil theft

The Joint Task Force (JTF) in the Niger Delta on Sunday said that it had impounded 17 metal badges, 10 vessels and a tug...

PIB: NNPC faults Mitee on 13% derivation

The Petroleum Industry Bill (PIB) team of the Nigerian National Petroleum Corporation (NNPC) has faulted recent comments credited to the Chairman of the Nigerian...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...