Dickson inaugurates Bayelsa airport days to handover, Jonathan missing
It was apparent dream realization for the outgoing chief executive of Bayelsa State, Chief Seriake Henry Dickson, Monday as the N70bn Yenagoa International Airport was inaugurated few days to leaving office for opposition party, the candidate of All progressive Congress…
NLNG drops gas flaring to less than 20% in 30 years, ups national revenue, growth
More success stories have continued to emerge from the nation’s flagship gas company, the Nigeria Liquefied Natural Gas (NLNG) as the firm reviews performance in the last 30 years of existence. Explaining more at a Media Luncheon preparatory to the…
Niger Delta remains as important as ever for Shell—Report
Strong indications have emerged showing that despite asset sales, Shell’s onshore presence is still weighty. As part facts showing that the Niger Delta remains as important as ever for Shell, a new analysis and report have shown that the company’s…
Accolades for Shell over recovery of 95% spilled oil in Bayelsa, Delta
Some residents of oil spill impacted communities in both Bayelsa and Delta States have hailed the speedy recovery of spills that hit their areas by the Royal Dutch Shell Nigerian subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC). A…
Gulf of Guinea: Rising crude oil price pushing up pirate attacks on high seas
Observed stability in rising crude oil price has jerked up serial attacks on crude oil tankers by pirate in the Gulf of Guinea. Oil price has steadied at over $70. Weekend, Bonny light was $73, Brent crude was $72.50. This…
TEF picks 1,250 out of 151,692 applicants for 2018 Entrepreneurs programme
The Tony Elumelu Foundation (TEF) on Thursday in Lagos, announced 1,250 successful African entrepreneurs with the most innovative, high-potential business ideas that will participate in the 2018 Entrepreneurship programme. The 4th cycle selection was made out of over 151,692 applications…
DFID Report on impacts of CBN’s monetary policy show mixed feelings in farming
Though the report was tailored to how the import ban on agricultural value chain specifically in Niger Delta affected different farming activities, the soul of the document shows that farmers in the region met varying degrees of hiccups. The survey…
Hostilities imminent in N/Delta following cancelation of oil blocs awarded to indigenes
Anger and rising tension can be said to be the scenario playing out in the hitherto peaceful Niger Delta following the sudden discovery that the Federal Government canceled Oil Prospecting Licences of OPL 2001, 2002 and 2003. This is coming…
Relief for Nigerian economy as OPEC extends oil output cut by 9 months to squeeze glut
Chances of sustaining the economy and even driving the 2017 budget got brighter yesterday, Thursday following the decision of Organisation of Petroleum Exporting Countries (OPEC) to extend cuts in oil output by nine months to March 2018. Economic analysts are…
Worst disruptions in oil communities over, we look ahead to 2.2mbpd soon—Oando
Relying on the sustained peace in oil producing communities since the visit of Acting president some months ago, the chief executive of Oando Plc is upbeat that production could reach 2.2 million barrels per day (bpd) by the end of…
