Delek Drilling shareholders will meet on July 1 to vote on whether to approve a $200 million investment in a subsea pipeline to Egypt, Reuters reported. The proposed pipeline would allow the company to export natural ...
Around 80 illegal oil refineries were destroyed by military troops in Nigeria’s Niger Delta region since early March, the Military Spokesman, Abubakar Abdullahi, announced in a public statement. The official rem...
Royal Dutch Shell shut the Trans Niger oil pipeline (TNP) after a fire, threatening to worsen a drop in Nigerian output due to unplanned disruptions, informed Business Report. The TNP has been repeatedly attacked by v...
Nigeria has lost over 130m barrels of crude oil from January to November this year to the activities of 32 militant groups in the Niger Delta region since the resurgence of militancy in the oil-producing region in 201...
Nigeria’s crude oil production declined by 130,000b/d in August to an average of 1. 44mb/d, as oil companies struggle to repair pipelines damaged by severe militant attacks, Vanguard reported. While speaking at a one-...
Royal Dutch Shell’s Forcados pipeline in Nigeria will resume deliveries in September, reported World Oil. The Forcados pipeline system is among oil infrastructure targeted by Nigerian militants this year. In February,...
All freedom fighting militant groups in the Niger Delta announced a ceasefire and continued to embrace peace after seven months of hostile attacks on Nigerian oil and gas infrastructures, All Africa reported. Niger D...
Nigeria’s government has resumed cash payments for former militants in the Niger Delta, in order to end a wave of militant attacks on oil and gas facilities . Earlier in February 2016, the Nigerian government de...