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Oil chief backs PIB’s unbundling

An oil firm’s chief executive, Emeka Eneh, has lent his support to the unbundling of the petroleum industry sector through the passage of the Petroleum Industry Bill (PIB). Eneh, who is Oildata Group Executive Officer and former President, Society of Petroleum Engineers (SPE) , said...

NAF Deploys Additional Aircraft to Niger Delta Against Economic Saboteurs

The Nigerian Air Force (NAF) has deployed additional aircraft to the Niger Delta in support of the military operations code named “OPERATION PULO SHIELD” against militancy, economic sabotage and all forms of criminalities in the South-South region of the Country. The spokesperson of NAF, Group...

Kaduna Refinery Shut Down Over Non-supply Of Crude Oil

The Kaduna Refining and Petrochemical Company (KRPC) has stop production following renewed activities of Niger Delta militants. Leadership gathered that the Kaduna refinery stopped production last week Tuesday over what a source attributed to lack of crude oil. According to the source, “we have shut down production...

Nigeria Losing 800,000 Barrels Of Oil Daily – Kachikwu

Nigeria’s crude oil production has fallen by almost 40 per cent to 1.4 million barrels per day due to militant attacks on facilities in the Niger Delta. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, stated addressing members of the House of Representatives,...

Nigerian oil utput falls towards 22-year low

A series of attacks on Nigeria’s oil infrastructure in the Niger Delta region has pushed output of crude close to a 22-year low, putting intense pressure on the country’s finances, according to Reuters. Shell workers at Bonga oilfield in the region were evacuated following...

Hotbeds: Reconstructing North-East and Niger Delta

The most striking feature of Nigeria today is that it is wracked by violence in most parts while some others are still recovering from conflicts. This is evident in the North-east where insurgency has held sway for quite some time. The conflicted-affected areas in the...