Why We Bombed Again: Chilling Press Release From The Niger Delta Avengers
The Niger Delta Avenger blew up a critical NNPC crude and gas pipelines feeding crude to the Warri and Kaduna refinery. ...
Tag: Forcados Terminal
News and analysis about Forcados Terminal
Has Seplat Just Mistimed Its Hedging As Crude Prices Rebound?
Seplat Petroleum Development Company Plc an indigenous Nigerian oil and gas firm spent $8.3 million in buying put options for ...
Shell Petroleum Development Company Reports $42 Billion Remitted To FG
Shell Petroleum Development Company (SPDC) has revealed that the company and the Joint Venture (JV) partners paid $42 billion to ...
BOOM: Brent Crude Price Drops 5% And May be Headed Below $40
As expected the price of Brent Crude has dropped by a massive 5% in Asian Market following the gridlock reached ...
Here’s How Forcados Damage Caused Recent Drop In National Power Supply
Concerned about both the loss of gas supply to power plants in the country and significant loss of potential revenue ...
Video: Vice President Visits Forcados To Understand Why Power Supply Is So Bad
Nigeria has witnessed epileptic power supply since the Forcados pipeline was vandalized in February 2016. It has affected gas supplies ...
Business Round Up (April 15): States’ IGR dropped by N25.1bn in 2015, Nigeria to lose N199bn to Forcados terminal closure.
Punch States’ IGR dropped by N25.1bn in 2015 – NBS: The National Bureau of Statistics on Thursday released the Internally ...
Business Round Up (April 11): NNPC loses N24billion to pipeline vandalism, Fed Govt to borrow N1.84trillion to fund 2016 budget
Punch Fuel scarcity persists in Lagos, Abuja, others: Fuel scarcity continued across the country on Sunday as hundreds of motorists ...
Nigeria Crude Exports To The US Hit Three Year High
Nigerian crude exports to the United States hit a three year high this week after it exported 559,000bpd of crude. ...
Federal Government Blows Hot, Will Deal With Electricity Saboteurs, Pipeline Vandals
The Federal Government has issued a statement of its resolve to deal ruthlessly with anyone caught engaged in pipeline vandalism ...
