Nigeria | Egypt Oil & Gas - Part 50
Oil Tanker Explodes in Southern Nigeria Killing 69
A runaway oil tanker truck exploded in a crowded bus station in the south of the country, setting ablaze 12 buses carrying passengers and killing 69 people, Nigeria's Red Cross and police said Monday.
Eni CEO Denies Problems in Nigeria
Italian oil company Eni is not experiencing any major production problems in Nigeria, the CEO said on Thursday.
Nigeria’s Gas Prices Could Boost Production
Nigeria needs to increase natural gas prices for power plants further to help encourage more gas exploration and production, the chief executive of Oando Gas & Power, said on Friday as the country's new president is ...
Nigeria’s Buhari Faces a Series of Challenges as President
Crippling fuel shortages, power cuts, slowing economic growth and Islamist militants wreaking havoc. Muhammadu Buhari is taking on a tough job when he’s sworn in as Nigeria’s president on Friday.
Nigeria and it’s Oil Paradigm
As petroleum minister during the 1970s oil boom, Muhammadu Buhari set up the Nigerian National Petroleum Corporation. It is an accident of history that the same man, elected president in March, could now be compelled ...
Nigerian Oil Union Stops Halliburton Operation Due to Job Cuts
Nigeria's main oil union has shut down the local operations of U.S. oilfield services provider Halliburton Co in protest against job cuts, the trade body said on Tuesday.
Nigeria’s Amcon Recovers 57% of Bad Debts Acquired from Crisis
The Asset Management Corp. of Nigeria said it has recovered 57 percent of the bad debts it took on five years ago to rescue banks in Africa’s largest economy from collapse. Nigerian Youths Close Down OML 29 in Nembe
Nigerian youths shut down crude oil production at two flow stations of the OML 29 (oil mining licence) oil block near Nembe in Bayelsa state at around 10 a.m. (0900 GMT) on Friday.
