Nigeria | Egypt Oil & Gas - Part 44
Nigeria Approves $2.1b Payment to Oil Marketers
Nigeria's government has approved the payment of $2.1b to oil marketers as outstanding payment for fuel subsidy claims, the state-run Nigerian National Petroleum Corporation has announced.
Nigeria to Deal Directly With Refiners, Cancels Bids
Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers of the Nigerian National Petroleum Corporation announced on Tuesday.
Amnesty Slams Shell and Nigerian Authorities over Niger Delta Clean-up
Amnesty International has accused Royal Dutch Shell of making false claims concerning its spills clean-up in Nigeria, even citing a contractor who says the clean-up itself was a cover-up.
Stiff Sentences for Nigerian Fuel Smugglers
Nigeria’s Economic and Financial Crimes Commission (EFCC) has announced that seven men have been jailed for 10 years after being arrested with nearly 1,500 tonnes of contraband petrol, the Business Standard reported.
Nigeria Launches Transparency Bid Round Via TV
Nigeria's state oil firm NNPC began auctioning annual crude term contracts on live television on Tuesday
Nigeria’s $20b Gas Pipeline Project Stalls, Fund Shortage
The $20 billion Trans-Saharan gas pipeline project through which Nigeria will transport natural gas to Europe is stalled over shortage of funds.
African Heads of State Head to India for Continental Summit
The King of Morocco Mohammed VI arrived at Indira Gandhi international airport to participate in the 3rd India-Africa Forum Summit
91 Companies Bid for Nigeria’s Petroleum Company Service Contract
The Nigerian National Petroleum Corporation has begun the public opening of technical bids submitted by 91 companies to secure contract for the provision of Coastal and Bunkering Vessel Services.
