March 20, 2015
NOSDRA and Omni-Blu aviation firm partner to improve management of oil spills

The National Oil Spill Detection and Response Agency (NOSDRA) has entered into agreement with Omni-Blu Aviation Limited to use specialised aircraft (air tractors) for oil spill combat emergency in Nigeria. The deal is under Public Private Partnership (PPP) with annual subscription – payable by all international oil companies and other industry operators based on average…

Read Article
March 18, 2015
Oil spills in Nigeria are a ‘National Emergency’ – Amnesty International

Amnesty International on Thursday said two major oil companies operating in Nigeria, Shell and ENI, reported a combined 553 oil spills in 2014, a “seriously alarming” figure that qualifies as a “national emergency.” The rights watchdog said that analysis of the latest figures released by both companies established that Anglo-Dutch Shell reported 204 spills last…

Read Article
March 11, 2015
Nigeria increases export trade to N17.2trn

The value of external merchandise exported from Nigeria rose sharply in 2014 from 14.2 trillion in 2013 to 17.2 trillion, showing an increase of 20.8 per cent. However, the hope of increasing non-oil trade was yet to materialise as crude and mineral products accounted for the bulk of the exports. According to the 2014 foreign…

Read Article
March 10, 2015
Oando Begins Production On Qua Iboe Field

Oando Energy Resources Inc. has completed all civil and pipeline works associated with the Qua Iboe field and associated crude delivery and sales infrastructure, with commercial oil production from the field’s reservoirs now at an initial rate of 2,150boepd gross to the partners. Oando Energy Resources holds a 40 per cent working interest in the…

Read Article
March 3, 2015
PMS scarcity worsens as FG assures of adequate supply

Fuel scarcity that hit parts of the country recently continued yesterday in many parts of the nation, Daily Trust gathered. Reports from various states say there were long queues at the few filling stations that are dispensing fuel yesterday. But the Nigerian National Petroleum Corporation (NNPC) and its downstream subsidiaries have assured that the scarcity…

Read Article