Nigeria | Egypt Oil & Gas - Part 34
Main Nigeria’s Oil Workers Unions Back Subsidy Removal
The Nigerian National Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have declared their support for the government’s new price o...
Niger Delta Militants Give Oil Companies 2 Weeks to Shut Down
The Niger Delta Avengers (NDA), the new face of violent agitations in the region, issued a two-week ultimatum to owners and operators of oil blocs in the area to shut down their business operations and evacuate all th...
Nigeria Lifts Gas Subsidy, Fuel Nearly Doubles Price
After weeks of speculations, Nigeria’s federal government announced the removal of a controversial subsidy on gas, as a way of ending the incessant fuel scarcity. But the move is nearly doubling the price amid ... Nigerian Union Calls Oil Firms to Evacuate Niger Delta Staff
A Senior Oil Workers’ Union official said that all oil companies operating in Nigeria should evacuate their staff from the southern Niger Delta following several attacks on oil facilities, Reuters reported. The ...
Shell Evacuates Staff in Nigeria Following Militant Threat
Shell workers at Nigeria’s Bonga oil field in the southern Niger Delta were evacuated following a militant threat, a labor union official said as the vice president met oil majors to discuss a surge in violence,...
Buhari Signs Nigeria Delayed Record-Budget
Nigeria’s President, Muhammadu Buhari, signed the delayed 2016 budget into law on May 6th, ending weeks of wrangling with lawmakers and tripling capital expenditure as Africa’s biggest economy contends wit... Nigeria Triggers Security Alert After Militia Attacks
In Nigeria, a major security alert among security formations in the Nine States of the Niger Delta region was triggered following the claim of responsibility by the new renegade Militant group, the Niger Delta Avenger...
Nigeria Starts Crude Oil Production in Lagos
A Nigerian firm had its first oil production from an offshore field in the commercial city of Lagos, which is the first output outside the country’s oil hub in the Niger delta, Vanguard reported. The company, Yinka Fo...
