Niger Delta
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Shell Nigeria to Invest in Niger Delta
Wednesday, 21st June 2017
Shell Nigeria is considering whether to invest in a gas project in Nigeria's southern Niger Delta energy hub. -
Nigeria Destroys 13 Illegal Oil Refineries
Tuesday, 18th April 2017
Nigeria's military stated that it had destroyed 13 illegal refineries in the restive Niger Delta oil hub. Earlier April, the federal government announced its plan to legalize the illegal refineries aiming to restore peace in the Delta. -
Nigeria to Legalize Illegal Oil Refineries
Sunday, 9th April 2017
The decision aims to bring peace to the Niger Delta region and came after growing demands made by community leaders. -
Nigeria’s IOCs Relocate to Niger Delta
Monday, 6th March 2017
Nigerian’s acting president, Yemi Osinbajo, has directed the relocation of all International oil companies head offices in the country to the Niger Delta. -
Nigeria’s Government Unveils $20b Gas Plan
Tuesday, 28th February 2017
Yemi Osinbajo, has unveiled a public-private partnership industrial plan valued at $20b for development of gas based industries in Nigeria’s Niger Delta region. -
Nigeria’s Communities Demand 50% of Oil Blocs
Sunday, 12th February 2017
Host Communities of Nigeria Oil and Gas Producing areas (HOSTCOM) asked for the approval of the Nigerian Federal Government to give 50% of oil blocs in the Niger Delta region to oil and gas bearing communities. -
Kachikwu: Nigeria to Produce 3mb/d of Crude
Wednesday, 1st February 2017
Nigeria's Minister of State Petroleum Resources, Ibe Kachikwu, said that the country is capable of producing 3mb/d of crude from the Niger Delta region. -
NNPC to Explore in Gongola Basin
Sunday, 8th January 2017
NNPC announced it had commenced exploration activities in the Gongola Basin as part of its efforts to further expand the nation’s oil resource base. -
Militants Announce A Ceasefire in Niger Delta
Tuesday, 23rd August 2016
All freedom fighting militant groups in the Niger Delta announced a ceasefire and continued to embrace peace after seven months of turmoil due to hostile threat's towards Nigerian oil and gas infrastructures. -
Transcorp Suspends Plans to Construct $1B Power Plant
Sunday, 7th August 2016
Transnational Corporation of Nigeria Plc has decided to postpone plans to construct one of Nigeria’s biggest power plants
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021