Muhammadu Buhari, Nigeria’s president, has removed the deputy oil minister from his joint role as the national oil company’s managing director and appointed a new board. The decision to remove Emmanuel Ibe Kachikwu from the 25
The Minister of State for Petroleum, Dr. Ibe Kachikwu, says the era of discretionary sale of crude oil by the Nigeria National Petroleum Corporation (NNPC) is now a thing of history. Dr Kachikwu warned Chinese 25
IN THE Niger Delta, a gun is an investment that yields excellent returns. Jamnogo Blessing, a gang member, recently turned up in Yenagoa, a turbulent city in the oil-pumping Niger Delta, to buy a stash 25
In a release signed by one Barrister Sophia Okoedion of H.S Okoedion Chambers, the Niger Deltan community has dragged Federal Government of Nigeria to the ECOWAS Court over oil blocks allocation and ownership. Below is 25
The Niger Delta Avengers (NDA) has warned Nigerian authorities it may “review our earlier stance of not taking lives” if oil companies continue to operate in the country’s oil hub. The militant group has launched 25
ABUJA (Reuters) – The Niger Delta Avengers militant group on Wednesday rejected an offer of talks with the government to end its attacks on oil facilities and said it had blown up a Chevron pipeline 25
Permit me to tell you a story of a prodigal entity that squandered its wealth on frivolities and, now it appears that the music is over. It now needs to decide on how best to 25
Angolan President Jose Eduardo dos Santos tightened his family’s grip on sub-Saharan Africa’s third-biggest economy two years before he has indicated he’ll leave office by naming his billionaire daughter Isabel as chairwoman of the state 25
OPEC is a dysfunctional organization that has outlived its usefulness, Oppenheimer senior energy analyst Fadel Gheit said Thursday. “OPEC is finished. OPEC is over,” he said in an interview with CNBC’s “ Power Lunch .” 25
For the second time in less than a year, oil services provider Hercules Offshore is heading for Chapter 11 bankruptcy protection by entering a restructuring support agreement (RSA). The Wall Street Journal writes that ”In 25
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