FG Halts Importation of Oil Pipelines   The Federal Government has announced a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Thursday during the launch of Monarch Alloys 33LPE and concrete weight coating facility in...

150,000bpd Oil Pipeline Closed For 61 Days - Aiteo   Aiteo Eastern Exploration and Development Company Limited has decried the attacks on its facilities, saying the Nembe Creek Trunk Line had been shut down for 61 days this year. The oil firm said in a statement that...

FG, IOCs Lose N684bn To Oil Pipeline Shutdown Eight months after the shutdown of the Trans-Ramos Pipeline, the Federal Government, Shell, Total and Nigeria Agip Oil Company Limited have lost about $1.9bn (N684bn) in potential revenue from the sale of crude oil. Shell Petroleum Development Company...