Tag: oil companies

We will rise against rejection of oil firms’ relocation to N’Delta – Ijaw youth

by Azeez Adeniyi The Ijaw Youth Council on Friday said it would resist any move by the National Assembly to halt the executive order to oil companies to relocate their…

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FG will revoke licenses of some oil refineries – Kachikwu

by Dolapo Adelana The minister of state for petroleum, Dr. Ibe Kachikwu says the Federal Government will withdraw licenses of private oil refineries that are yet to be utilised. Kachikwu said…

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Reps summon Emefiele over allocation of Forex to oil companies

The House of Representatives ad hoc committee on the review of price of petroleum on Monday summoned the Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele to appear…

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House of Reps summons NNPC, oil companies over crude oil theft

The House of Representatives has summoned the Nigerian National Petroleum Corporation and 19 other oil and gas companies over crude oil worth $17bn which was allegedly stolen through exports between…

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NUPENG wants FG to stop mass sacking in oil sector, gives 21-day ultimatum

The National Union of Petroleum and Natural Gas workers (NUPENG) has given the Federal Government a 21-day ultimatum to weigh in on the mass retrenchment of workers by international oil…

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Just In: We are holding talks with Niger Delta militants, Buhari confirms

President Muhammadu Buhari on Thursday in Abuja said that his administration is holding talks with Niger Delta militants through oil companies and law-enforcement agencies to find a lasting solution to insecurity…

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Militants give oil companies 14 days to leave Rivers LGAs

Ex-militants under the aegis of Ekpeye Liberation Group, have given multinational oil companies 14 days to exit Ahoada East and West local government areas of Rivers state. The ex-militants have…

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Ogoniland clean-up will take up to ’30 years’

After the announcement of the commencement of the clean-up exercise of Ogoniland in Rivers State by the Federal Government, the United Nations Environment Programme (UNEP), has surmised that it will…

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This is what Nigeria loses daily to Niger Delta Avengers’ bombing of oil pipelines

Oil companies in the Niger Delta are losing a total of 140,000 barrels of crude daily - translating to a loss of $6.72m (about N1.3 billion)- due to the continued…

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Let’s not forget the Avengers threatened to attack Chevron’s HQ in Lagos

by Chi Ibe Militant group, the Niger Delta Avengers has given an ultimatum to all oil companies to leave the Delta region or face debilitating attack, but no one has…

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N2 trillion: Court throws out Agip’s objection in suit with FG

A Lagos Federal High Court has thrown out an objection filed by the Nigerian Agip Oil Company Limited (Agip) to stop the Federal Government of Nigeria from proceeding with a…

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“Shame on you guys!”: Expatriate resigns in protest over company’s maltreatment of Nigerian workers

by Oke Efagene A Base Maintenance Manager at Caverton Helicopters, Surendra Bhagwandass, resigned yesterday over non-payment of salaries and unfair treatment of Nigerian workers in the company. The expatriate accused…

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Olusegun Adeniyi: Why Nigerians should thank Sanusi for the NNPC letter

by Olusegun Adeniyi One, if indeed Sanusi authored the letter, it could mean that his relationship with the president had broken down to such an extent that he no longer…

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Ijeoma Nwogwugwu: Time to stop toying with the PIB bill (Part 3)

by Ijeoma Nwogwugwu The PIB can no longer be delayed. The oil companies must stop pussyfooting and tell the government what exactly they want. It is not enough to say…

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TICKER: Is the world ending on 2028? “Do the Math” creator thinks so

“There is nothing radical in what we’re discussing,” journalist and climate change activist Bill McKibben said before a crowd of nearly 1,000 at the University of California Los Angeles last…

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