The Nigerian Navy has apprehended some vessels carrying illicit arms and stolen crude oil and destroyed several illegal refining sites through its Operation Delta Sanity II in the month of March. The Director of Naval Information, Commodore Aiwuyor Adams-Aliu, made this known in a statement on Saturday in Abuja....
Crude oil
The Nigeria Economic Summit Group (NESG) has advised the Federal Government to sustain the crude oil production level of 2.2 million barrels per day (bpd) to ensure the feasibility of the 2025 budget. The Chief Executive Officer of NESG, Dr Tayo Aduloju, gave the advice at the group’s media...
ActionAid has raised concerns over the ongoing crisis in the petroleum sector, sparked by Dangote Petroleum Refinery’s suspension of petroleum product sales in naira. Country Director of ActionAid Nigeria (AAN), Mr Andrew Mamedu, expresssd this concern in a statement on Tuesday in Abuja. Mamedu criticised the suspension, stating that...
The Federal High Court (FHC) in Abuja on Tuesday, dismissed the Nigeria National Petroleum Company Limited (NNPCL)’s objection against a suit filed by the Dangote Petroleum Refinery and Petrochemicals FZE over oil import licence dispute. Justice Inyang Ekwo in a ruling, dismissed the objection on the grounds that the...
By BARBARA KALU, Port-Harcourt– A mysterious explosion rocked Bodo Community in Gokana Local Government Area of Rivers State on Tuesday, sparking concerns of sabotage. The blast occurred near the starting point of the Bodo-Bonny road, targeting an onshore pipeline, according to eyewitnesses. A local resident, who witnessed the incident,...
By BARBARA KALU, Port-Harcourt – Rivers State Police Command has launched investigation on the explosion that occurred at the Trans-Niger Pipeline in Bodo, Gokana Local Government Area of the state. The Police Public Relations Officer in the state, SP Grace Iringe-Koko, said in a statement on Tuesday in Port-Harcourt,...
The Ogoni Dialogue Committee on the Resumption of Oil Extraction in Ogoniland has concluded its consultations and will soon submit its findings to the Federal Government. The committee’s Chairman, Prof. Don Baridam, disclosed this on Sunday during a final town hall meeting with stakeholders in Bori, Khana Local Government...
By JOY ADARA, Abuja- The Nigerian National Petroleum Company Limited (NNPC Limited) has issued a statement to clarify recent reports regarding the alleged termination of its crude oil sales agreement with Dangote Refinery. Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, said in a statement on Monday that the...
The Rivers Restoration Movement (RRM) has demanded the arrest of prominent Ijaw leaders over alleged threats to disrupt oil production if the State Governor, Siminalayi Fubara, is impeached. RRM, an interest group based in Port Harcourt, accused former militant leader, Alhaji Asari Dokubo, and the President of the Ijaw...
The Obololi community in Southern Ijaw Local Government Area of Bayelsa has reported that no relief has reached them following the Feb. 16 oil leak, which discharged crude and polluted the River Nun. The National Oil Spills Detection and Response Agency (NOSDRA) traced the spill to a 16-inch Nun...
A coalition of 17 Ogoni women groups in Rivers has strongly opposed the Federal Government’s proposed resumption of crude oil extraction in Ogoniland. The coalition, which made its opposition known in a news conference in Port Harcourt on Wednesday, comprised of thousands of Ogoni women. It insisted that the...
The Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC) Mr Haitham Al-Ghais, has tasked Africa to unlock its proven oil reserves of over 120 billion barrels. Mr Haitham Al-Ghais, OPEC Secretary-General, made this known while delivering a keynote address titled “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier”,...
By JOY ADARA, Abuja – The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited have today announced the signing of a new joint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims to create a new tanker operation serving...
The Shell Petroleum Development Company of Nigeria (SPDC) on Friday announced that it has shut crude feeds into the 16 inch Nun River-Kolo Creek crude trunkline. The News Agency of Nigeria (NAN) reports that the development follows an oil leak on the pipeline at Obololi community, a coastline community...
Nigerian National Petroleum Company (NNPC) Ltd has strongly refuted the false and misleading allegations made in a viral video circulating online, which claims that NNPC fuel does not last. Chief Corporate Communications Officer, NNPC Ltd., Olufemi O. Soneye, in a statement on Saturday , said the assertion is baseless...
The Organisation of Petroleum Exporting Countries (OPEC), has said Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January. The country for the first time, met the OPEC production quota of 1.5 million bpd since it was set for the 2024...
The Ogoni people have expressed their support for ongoing discussions between Ogoni leaders and the Federal Government regarding the planned resumption of oil extraction in Ogoniland. This endorsement was contained in a communique issued following a congress attended by Ogoni sons and daughters in Bori, the headquarters of Khana...
By EZEKIEL OBI, Abuja – The Nigerian Navy has said its teams operating under Operation Delta Sanity II, discovered and destroyed several illegal refining sites and impounded 100,000 litres of stolen crude oil in January. Director of Naval Information, Commodore Aiwuyor Adams-Aliu, disclosed this in a statement issued on...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the Federal Government for placing a ban on the exportation of crude oil allocated to local refineries. Dr Billy Gillis-Harry, PETROAN’s National President, gave the commendation on Wednesday while reacting to the development. Gillis-Harry urged the Nigerian...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that it will deny export permits for crude oil cargoes intended for domestic refining, if oil companies do not fulfill their domestic crude obligations. The Commission Chief Executive (CCE), Mr Gbenga Komolafe, insisted that any changes to cargoes designated for...