By Obas Esiedesa Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly short of the 1.8 million barrels per day allocated to the country by the Organisation of Petroleum Exporting […]
By Ovie Okpare A former Minister of Information, Chief Edwin Clark, has pleaded with President Muhammadu Buhari to urgently constitute a judicial panel to probe the recent discovery of activities of oil theft in the Niger Delta region. Clark, who is the convener of the […]
About 58 illegal oil points have been discovered so far since the operation to end oil theft on the waterways of Delta and Bayelsa states began. Ex-militant leader, Government Ekpemupolo also known as Tompolo, said this in a press briefing at Oporoza recently, where he […]
Some Senators have said the National Assembly would resist President Muhammadu Buhari’s proposal to end oil subsidy in June next year. They said discontinuing with the policy in June would create a serious crisis for the new administration that would take over from Buhari. The […]
Niger Delta activist, Government Ekpemupolo, populary known as Tompolo had an interview with Channels television where he revealed the reason why the pipeline surveillance contract given to him by the government is very important for his people and Nigeria as a whole. Tompolo said when […]
President Muhammadu Buhari has reversed the approval of the acquisition of the ExxonMobil Corporation assets by Seplat Energy Plc. Presidential Spokesman, Garba Shehu, made this known in an interview with Premium Times on Wednesday. Shehu said the president has decided to reverse the acquisition in […]
President Muhammadu Buhari has approved Seplat Energy Offshore Limited’s takeover of the entire share capital of Mobil Producing Nigeria Unlimited (Exxon Mobil). A statement released on the microblogging platform, Twitter, on Monday, by the Presidency confirmed the development, stating that the Nigerian leader authorized the takeover, exercising his […]
STATE HOUSE PRESS RELEASE. President Muhammadu Buhari Tuesday in Abuja unveiled the new Nigerian National Petroleum Company Limited (NNPC Limited), affirming that the company is mandated by law to ensure that Nigeria’s National Energy Security is guaranteed. Speaking at the historic occasion at State House […]
The Nigerian National Petroleum Company (NNPC) Limited has secured an injunction from the Federal High Court in Abuja restraining the sale of shares of ExxonMobil’s Nigerian unit to any third parties. In February, Seplat Energy Plc, a major energy company, had agreed to buy the entire […]
