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Shell Opens Up On Alleged Involvement In Stealing 2M Barrels Of Crude At Bonny

By Dotun Akintomide The Shell Petroleum Development Company of Nigeria (SPDC) says allegations of involvement in oil theft at its Bonny Crude Export Terminal is...
Business

Fresh Discovery? Crude Oil Gushes In Bayelsa Community, Triggers Mixed Feelings

From Ameachi Prosper (The New Diplomat's Delta Correspondent) A liquid substance suspected to be crude oil has been discovered gushing from the ground in the...
Business

Why FG Revoked Licence Of Bayelsa-owned Atala Oilfield — Timipre Sylva

From Ameachi Prosper (The New Diplomat's Delta State Correspondent) The licence of the Bayelsa State-owned Atala Marginal Oilfield (OML 46) was revoked due to its...
Business

Alleged 13% Derivation Injustice: Fresh Rumpus As Delta Oil Communities Urge Buhari To Right Wrong

Insist only President has prerogative, jurisdiction to legislate on 13% Derivation Fund Plead with Buhari to redeem...
Business

Elumelu’s TNOG Acquires 45% Of OML 17 From Shell, Total, ENI

From Ameachi Prosper (The New Diplomat's Delta State Correspondent) The Shell Petroleum Development Company of Nigeria Limited (SPDC), has announced the sale of its 30...
Business

Pan-Ocean: Oil Magnate, Fadeyi, In Fresh Crisis As NUPENG, PENGASSAN Move To Cripple Oil Facilities

The National Union of Petroleum and Natural Gas (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have vowed to...
Headline

Alleged N1.6bn Oil Fraud: Diezani’s Ally, Jide Omokore, Others Trial Adjourned Till Feb 2021

Justice Nnamdi Dimgba of the Federal High Court, Abuja has in a dramatic move  adjourned  the on-going trial of controversial businessman  and alleged  business...
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