The Nigeria Extractive Industries Transparency Initiative says government hardly implements its recommendations on accountability in
Nigerian government appeals against judgement banning deregulation of petrol
Petroleum Minister Diezani Alison-Madueke FG has asked the Appeal Court to set aside the judgment and dismiss the matter in its
NUPENG urges establishment of pipeline protection agency
The union advocated the formal training of illegal oil refiners. …
Group urges extractive companies, host communities to resolve grievances amicably
Two researchers of the IIED published a book on how to resolve such conflicts. …
ENI shuts down operations over “unprecedented” crude oil theft in Bayelsa
The firm was losing about 7,000 barrels of its daily crude production. …
Shell declares force majeure on export, plans Nembe field closure for repairs
The bulk of Nigeria’s crude theft and losses occur on the Nembe pipeline. …
Ogoni leader, Ledum Mitee, opposes Host Community Fund in PIB
Mr. Mitee has urged civil society groups to do a lot more to unravel the dimensions of the PIB. …
Nigeria oil company, NNPC, operating at a loss- GMD
The NNPC blames its problems on the difficult operational environment in the industry. …
Nigeria’s excess crude revenue used to finance petrol subsidy payments- Sanusi
Sanusi Lamido The Central Bank chief said there was no basis for the controversy. …
Finally, NNPC responds to controversial $1.6 billion loan
NNPC explains its controversial $1.56 billion syndicated loan. …
Non-passage of PIB delays billion dollars investments in Nigeria, oil companies say
Petroleum Minister Diezani Alison-Madueke Oil companies say the delay in passing the PIB is slowing down the industry. International Oil
Total signs MOU with Niger Delta host communities
The MOU, Total says, is aimed at uplifting the quality of life in the communities hosting the company’s operations. …
Nigeria set to pay N94bn subsidy to 23 petrol marketers
Finance Minister, Ngozi Okonjo-Iweala Finance Minister refuted allegations that her ministry is blocking verified payment to marketers. …
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