FG to convince oil companies to patronise local barite producers – Fayemi

The Federal Government says it will find ways of convincing oil companies in the country to patronise local producers of barite to reduce importation of the product. Dr Kayode Fayemi, Minister of Mines and Steel Development, gave the assurance to the Association of Miners and Processors of Barite (AMAPOB), Benue state chapter during a town……

Osinbajo Orders Oil Companies to Relocate Head Offices To Niger Delta

Nigeria’s acting president, Yemi Osinbajo, on Thursday directed the Minister of State for Petroleum, Ibe Kachikwu, “to engage” with International Oil Companies “on the way forward” over repeated calls for the relocation of their head offices to the states where they produce oil from. Most of the IOCs in Nigeria have their headquarters in Lagos,……

NNPC Moves to Exit JV Cash Call Arrears 

The Nigerian National Petroleum Corporation (NNPC) is set to work out modalities that would enable it exit Joint Venture cash call arrears by ensuring that outstanding and future payments are liquated from oil and gas royalties and taxes under a first line charge model. The Group General Manager Group Public Affairs Division of the NNPC, Garba…

Shock As Buhari Receives Another Threat Letter

Another round of fuel scarcity looms as President Muhammadu Buhari on Friday, September 2, was issued a threat letter from Oil workers, under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN. According to the union, ‎the federal government has for over a month, not kept to the agreement signed…

Again, Militants Blow-Up Agip Pipelines …Threaten More Attacks

Three months after it attacked its first target, Niger Delta Red Squad (RDRS), the new militant group operating in the oil bearing communities of Ohaji/Egbema council area of Imo State, says it has blown another facility belonging to Nigerian Agip Oil Company (NAOC) at Umuonei in Awara community. The group, which announced the attack in…

Niger Delta group strikes again, threaten Governor Okorocha

The Niger Delta Red Squad (RDRS), one of the militant groups operating in the oil-rich region, has attacked another pipeline belonging to Agip Oil Company at Umuonei in Awara community in Imo state. The attack came three months after the group blew up its first target. The militants, who informed about the attack through Facebook,…

FLASH| Militant Group Blows Up Pipeline in Imo State

The Niger Delta Red Squad (RDRS), a militant group operating in the oil bearing communities of Ohaji/Egbema council area of Imo State, has reportedly blown a facility belonging to Agip Oil Company at Umuonei in Awara community. The attack was announced via a Facebook post. The group warned Agip personnel to keep away from the pipeline, as…

Militant group blows up Agip pipeline in Imo

From George Onyejiuwa, Owerri Three months after it attacked its first target, Niger Delta Red Squad (RDRS), the new militant group operating in the oil bearing communities of Ohaji/Egbema council area of Imo State, said it has blown another facility belonging to Agip Oil Company at Umuonei in Awara community. The group, which announced the…