ERA/FoEN Reacts As Residents Lament Spill Several communities in Bayelsa state have been flooded with crude oil following a massive oil spill alleged to have been recorded on a facility operated by the Nigerian Agip Oil Company (NAOC). The incident occurred early Sunday, 29th November, 2020, in Ogboinbiri and Keme-ebiama communities located in Southern Ijaw…
Millions of Nigerians have expressed hope for a quick restoration of the electricity grid as households and businesses are currently in darkness in parts of the country. This development is due to another grid collapse recorded in the country on Sunday afternoon. The system collapse which has been confirmed by the affected Discos has been…
President Muhammadu Buhari will on Dec. 1 roll out the autogas scheme in Abuja as the Federal Government moves to create alternative fuel for automobiles and other prime movers in Nigeria. Dr Mohammed Ibrahim, Chairman, National Gas Expansion Programme (NGEP), made the announcement at a meeting with media stakeholders on Saturday in Lagos. Ibrahim said the…
Leading energy companies have urged the UK to embrace carbon trading after the Brexit transition period concludes and not adopt a carbon tax instead. In a letter to Boris Johnson, the group, which includes firms such as RWE and Uniper, said that tradable carbon credits remain the best way of cutting emissions. At the moment,…
Officials of member nations of the Organization of Oil producing Countries(OPEC )are scheduled to meet tomorrow, Wednesday to determine the fate of OPEC oil producers for next year, beginning from January 1, 2021. The meeting billed to run through Wednesday, Thursday, and Friday is expected address key crucial subject matters confronting the organization and its…
Three teenagers were reportedly feared dead at the weekend following a fire explosion that broke on account of illegal crude oil refining camp located in Ibelebiri and Otuegue 2 communities of Ogbia Local Council Area of Bayelsa State. The deceased teenagers true identities could not be immediately ascertained. However, community persons who were familiar with…
The new Petroleum Industry Bill (PIB) formed the fulcrum of discussion at an Oil and gas colloquium Tuesday as Deputy Senate President, Senator Ovie Omo-Agege said the bill when passed into law will help accelerate the growth of the nation’s economy through added value and wealth creation from the oil and gas industry. Omo-Agege who…
In a dramatic move that would have telling effects on forex transactions, the Central Bank of Nigeria (CBN) has outlawed transfer of foreign exchange (forex) from one customer to another or what is conventionally known as customer-to-customer transfer. Also, the CBN similarly prohibited forex cash lodgements into domiciliary accounts by a second party as it…
Declares AITEO Persona Non Grata, Blames Crisis On Diezani, Ibe Kachikwu, Others From Ameachi Prosper (The New Diplomat's Delta State Correspondent) Aiteo Eastern Exploration & Production Ltd, operators of Oil Mining License, OML 29 has been issued a quit notice to vacate the host community of Opu Nembe in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa…