Government Suffers 20.5% Loss in Latest Revenue Allocation
Figures released by the Ministry of Finance showed that there was a 20.5% drop in distributable income for July 2016.
Tag: Forcados Terminal
News and analysis about Forcados Terminal
Analysis: Nigeria’s Oil Industry Is On Its Knees….Begging
Anger in the Delta keeps oil majors quiet - and Nigeria's crude offline Oil companies and even Nigerian officials are ...
More woes as 4 Nigerian oil export grades are now shut under force majeure
Oil Giant Shell has declared a force majeure on its Bonny Light Crude oil lifting facility due to what it ...
Oil Industry Weekly Review: “Nigeria has terminal illness”
Banks with exposure to power and oil companies are also expected to suffer a little more. Loans sourced in foreign ...
Shell Just Revealed Its Worst Fears About The Niger Delta Avengers
We just can't cope
WARNING: Why The Latest GDP Numbers Could Be Bad, Very Bad
In December 1983, martial music began playing on the airwaves on the last day of the year followed by a ...
Crude Oil Woes: A Short Tale Of Why Nigerian Economy Is In A Mess
Ibe Kachikwu Studios put out their latest movie yesterday starring Ibe Kachikwu, of course. The video is quite good and ...
Seplat Presents ‘Facts Behind The Figures’ – Blazing The Gas Trail
SEPLAT Petroleum Development Company Plc (“SEPLAT” or the “Company”), a leading Nigerian independent oil and gas exploration and production company, ...
Shell Declares Force Majeure On Nigeria’s Bonny Light Over Fear Of Militant Attack
The Shell Petroleum Development Company (SPDC) has declared force majeure on exports of Bonny Light, Nigeria’s reference crude oil grade. ...
MILITANTS AT WORK: Nigeria’s Oil Production Drops To 22 Year Low
Reuters is reporting that crude oil output from Nigeria is at its 22 year low. This follows a series of ...
