Ijaw Women Sound Alarm as Renaissance Explores Acquisition of Shell’s Onshore Assets Port Harcourt, Nigeria The Coalition of Ijaw Women Voices, a pro-Ijaw group, is sounding a cautionary note against Renaissance, the indigenous conglomerate, in its exploration of acquiring onshore assets from Shell. Led by National Coordinator Ms. Annkio Briggs, the group is vehemently urging…
TotalEnergies Applauded for Transformative Investment in African Education. In a resounding endorsement from the academic community, TotalEnergies’ Upstream Nigeria Limited is being lauded for its impactful contribution to science and engineering education in Africa through the “Empowering the Teachers” (ETT) programme. The recent symposium and awards ceremony witnessed accolades from vice-chancellors, scholars, and industry leaders…
Army Discovers Nine Reservoirs Holding Five Million Liters of Illegal Oil in Rivers State On Wednesday, the Nigerian Army’s 6 Division in Port Harcourt made another significant discovery, uncovering nine reservoirs containing over five million liters of stolen crude oil in Rivers State. These reservoirs were found in a dense forest at Obaoma and Uzuoma…
NSCDC Apprehends Six Suspected Illegal Petroleum Products Dealers The Nigeria Security and Civil Defence Corps (NSCDC), Akwa Ibom Command, has apprehended six individuals suspected of engaging in illegal dealings in petroleum products and impersonation. Mr. Eluyemi Eluwade, the commandant of the NSCDC, Akwa Ibom Command, announced the arrests during a news conference held in Uyo…
Tinubu Directs AGF, EFCC, and Others to Resolve $1.3 Billion Malabu Oil Deal Saga President Bola Tinubu has instructed the Attorney-General of the Federation, Lateef Fagbemi, to expedite the resolution of court cases related to the $1.3 billion deepwater OML 245 oil block in the Niger Delta region. Other key figures tasked with carrying out…
Gas Shortage Raises Concerns Over Viability of $25 Billion Nigeria-Morocco Pipeline The federal government’s efforts to provide continuous gas supply for the Nigeria-Morocco gas pipeline, a $25 billion project designed to transport Nigerian gas to Europe through Morocco, are reportedly facing challenges due to ongoing issues with gas supply in the country. The proposed pipeline,…
Oil Major Exodus Poses Threat to Nigeria’s Oil Industry Expansion Big Oil’s Exodus from Nigeria’s Onshore: Local Firms Step In for Onshore Resurgence Nigeria faces a significant shift in its oil and gas landscape as international oil companies continue to divest from the onshore Niger Delta due to security concerns and illegal activities. The exit…
Seaport Operators Advocate for Maritime Sector, Asserting Potential to Surpass Oil in Revenue Generation Princess Vicky Haastrup, the Chairman of the Seaport Terminal Operators Association of Nigeria (STOAN), has asserted that Nigeria’s maritime sector has the potential to surpass the oil and gas industry in terms of revenue generation if it receives prioritized attention. During…
Report Alleges Deliberate Move by NNPC to Transfer Revenue Accounts to CBN, Cites Reasons Following reports that the federal government directed the Nigerian National Petroleum Company Limited (NNPCL) to move its accounts to the Central Bank of Nigeria (CBN), new information suggests a different perspective to the story. Initially reported that the NNPCL would no…
Bauchi State Honored with Award of Excellence as Best Emerging Player in the Oil and Gas Sector In collaboration with the Federal Ministry of Petroleum Resources, Rana Continental Synergy Limited has bestowed the “2024 Best Emerging State in the Oil and Gas Sector” award upon Bauchi State. Governor Senator Bala Mohammed Abdulkadir received the recognition…
