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Nigeria oil exports in Feb fall vs Dec after OPEC cut
Thursday, January 08, 2009
By Joe Brock

Nigeria is expected to export 1.66 million barrels per day (bpd) of oil in February, steady from January and down 12 percent from December, following OPEC deals to cut output, traders said on Wednesda...
Posted By : OnlineNigeria.com
 
Akpabio mourns JTF men killed by militants
Thursday, December 18, 2008
From Iniobong Ekponta, Uyo

Akwa Ibom State Governor Godswill Akpabio has expressed shock at the death of some men of the Joint Task Force (JTF), who were killed by the Niger Delta militants in Eket about two weeks ago. Until ...
Posted By : OnlineNigeria.com
 
Gunmen attack vessels in Nigeria's restive delta
Thursday, December 04, 2008
By Nick Tattersall

Gunmen attacked two oil services vessels in separate incidents in Nigeria's restive Niger Delta on Thursday, kidnapping a Russian, a Mexican and seven Nigerians, security sources working in the indust...
Posted By : OnlineNigeria.com
 
20 Nigerian banks among top 1,000 in the world – Ibru
Tuesday, July 01, 2008
By Clara Nwachukwu, Madrid, Spain

The Banking sector consolidation and financial discipline has placed 20 Nigerian banks among the top 1,000 banks in the world, according to the Managing Director/Chief Executive Officer, Oceanic Bank ...
Posted By : OnlineNigeria.com
 
Nigeria demands $2bn oil arrears
Wednesday, May 21, 2008
BBC.com

President Umaru Yar'Adua has ordered Nigeria's state-run oil company to demand nearly $2bn in arrears from two major oil companies.
Posted By : OnlineNigeria.com
 
FG orders NNPC to recover N236bn from Shell, ExxonMobi
Wednesday, May 21, 2008
By LUCKY NWANKWERE, Abuja

President Umaru Yar’Adua on Tuesday ordered the Nigerian National Petroleum Corporation (NNPC) to recover outstanding payments of $1.91 billion (about N236 billion) due to the federal Government from ...
Posted By : OnlineNigeria.com
 
Yar'Adua scraps NNPC
Thursday, August 30, 2007
By Hector Igbikiowubo & Ben Agande

THE Federal Government adopted, yesterday, the Oil and Gas Industry Committee (OGIC) report recommending the restructuring of the Energy Ministry and the Nigerian National Petroleum Corporation (NNPC)...
Posted By : OnlineNigeria.com
 
Nigerian militants call off attacks in oil delta
Thursday, October 05, 2006
By Estelle Shirbon

Militants in Nigeria's oil heartland said on Thursday they had called off attacks on troops after two bloody gunbattles and would fight only in response to actions by the military.
Posted By : OnlineNigeria.com
 
New Start-up Date for $3.5bn Bonga Field
Wednesday, October 05, 2005
By Mike Oduniyi

Production start up from the $3.5 billion Bonga deep offshore oil field has again be moved backwards.
Posted By : OnlineNigeria.com
 
Oil Blocks Sale to Fetch N337bn
Tuesday, September 06, 2005
By Mike Oduniyi

Nigeria will earn $2.63 billion (N336.64 billion) from the auction of oil blocks to local and foreign companies during the recently concluded 2005 Bid Round.
Posted By : OnlineNigeria.com
 
Oil Majors Protest Block Awards to Korea Firm
Tuesday, August 30, 2005
By Mike Oduniyi in Lagos and Chuks Okocha in Port Harcourt

Multinational oil companies mainly from Europe and North America are protesting the award of two lucrative deep offshore oil blocks to Korean investors, at the 2005 Bid Round concluded last weekend.
Posted By : OnlineNigeria.com
 
‘FG Earned N3.99 Trillion from Oil in 2004’
Monday, August 22, 2005
By Mike Oduniyi in Lagos and Onyebuchi Ezigbo in Abuja

Nigeria earned a total of $30 billion (N3.99 trillion) from the oil and gas sector last year bolstered by high oil prices.
Posted By : OnlineNigeria.com
 
Bid Round: FG to Issue 47 Licences
Monday, August 01, 2005
From Mike Oduniyi in Abuja

The Federal Government will on August 26 award licenses to about 47 oil blocks under the 2005 Bid Round, that is expected to throw up new players in the nation's petroleum industry and also stimulate...
Posted By : OnlineNigeria.com
 
Nigeria govt to raise share of oil revenues, to expand exploration north
Sunday, March 13, 2005
AFX

The Nigerian government has unveiled plans to increase its share of the revenue from its multi-billion dollar oil industry while expanding the search for fresh fields into its arid far north.
Posted By : OnlineNigeria.com
 
Oil Firms Rush Aid to Tsunami Disaster in Asia
Tuesday, January 04, 2005
ThisDay Online

With death toll well above 100,000, oil firms joined several other aid donors to victims of the terrible tsunami eathquake is Asia.
Posted By : OnlineNigeria.com
 
US Firm to Build $275m Power Plant in Kwara
Friday, November 26, 2004
By Mike Oduniyi

Posted By : OnlineNigeria.com
 
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