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Oil and Gas

Tension Mounts As Youths Shutdown Conoil Facilities In Bayelsa

Tension enveloped Koluama community, Southern Ijaw Local Government Council Area of Bayelsa State, on Friday, following the invasion and shutting down of oil facilities being operated by Conoil Producing Limited by angry youths over alleged non-implementation of the Memorandum of…

Itsekiri Host Communities’ Shutdown Chevron’s Olero, Dibi Fields

The Itsekiri host communities to Chevron’s Olero, Dibi, and Abiteye Fields, have shut down the company’s operations in Delta State, demanding basic amenities and the need to convert VTP 5 and VTP 6 trainees to staff. The protesters, which began…

Real Reason Nigeria Can’t Meet OPEC Crude Oil Production Quota – Hostcom Chairman

The National Chairman of Oil and Gas Host Communities, Prince Mike Emuh, has lamented the nation’s under-performance of crude oil production of 2.3 million barrels per day as set by Oil Producing Exporting Countries (OPEC). He said the current under…

Probe $3.7 billion repair cost of ‘dead’ refineries – Timi Frank to EFCC, ICPC

Worried by the non-functioning of oil refineries in Nigeria after 7 years of the Muhammadu Buhari administration, the erstwhile Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, has called on the nation’s anti-graft agencies to urgently…

Green Energy International Limited Commences Phase 2 Development of Otakikpo Oil Field

Green Energy International Limited (GEIL), the Operator of the Otakikpo field announced the commencement of the Phase-2 Development of the Otakikpo Marginal Field located at the Oil Mining Lease (OML) 11 in Rivers State with the drilling of two development…