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Oil & Gas
OPC leader, Fasehun, joins search for kidnapped Ejigbo LCDA boss
The president of O’odua People’s Congress (OPC), Federick Fasehun, has ordered his members to launch a manhunt on Kehinde Bamigbetan, chairman, Ejigbo Local Council Development Area of…
N98.3bn lost in 20% crude oil allocation to NNPC
No less than N98.3 billion was lost by Nigeria between 2009 and 2011 in the 20 percent crude oil allocation to the national oil company, the Nigerian National Petroleum Corporation…
Oil thieves cripple refinery, new boss cries to Amaechi
The two Israeli-made security helicopters just acquired by the Rivers State government may be immediately deployed to rescue the Port Harcourt Refinery which has been under threat by…
Angolan Nemba crude hits largest premium in two years
The Angolan Nemba crude, premium to heavier grade Hungo crude, has hit a near two year high as the naphtha-rich grade gains support from soaring Nigerian crude values, Platts has said.…
‘Delay in passage of PIB a drawback for Nigeria’
Q: What are the risks and threats to oil and gas business in the country?
Delay in passage of the PIB. Some versions of the PIB should be passed as quickly as possible and all the…