Category Archives: Oil & Gas

RenCap: Trans Forcados Pipeline Repair May Push Nigeria’s Oil Production to 2mbd

Analysts at Renaissance Capital (RenCap) have projected that the repair of the Trans Forcados Pipeline (TFP) will likely increase Nigeria’s production to about two million barrels per day (mbd). Full story

Source: https://www.thisdaylive.com/index.php/2017/05/18/rencap-trans-forcados-pipeline-repair-may-push-nigerias-oil-production-to-2mbd/

Posted by Hussaini Ali May 19, 2017

Reps pass NLNG Bill to end gas flaring, protect environment

The House of Representatives yesterday passed into law “A bill for an act to amend the Nigerian LNG (Fiscal incentive, Guarantees and Assurances) to make its statutory contribution to the NDDC fund and for other matters connected therewith.” Full story

Source: http://guardian.ng/news/reps-pass-nlng-bill-to-end-gas-flaring-protect-environment/?utm_source=Guardian+Newsletter&utm_campaign=7fc3bbd07e-Newsletter&utm_medium=email&utm_term=0_b799d7d8ad-7fc3bbd07e-99238021

Posted by Hussaini Ali May 10, 2017

Nigeria loses N780bn to illegal activities of oil thieves daily – Don

Dr Dahiru Usman, a lecturer in the Department of Public Law, Bayero University, Kano, disclosed this in a paper he presented at the unveiling of the new NIPOST anti-corruption stamps in Kano on Thursday. Full story

Source: https://www.dailytrust.com.ng/news/general/nigeria-loses-n780bn-to-illegal-activities-of-oil-thieves-daily-don/196328.html

Posted by Hussaini Ali May 5, 2017

Dutch Prosecutors Record Shell CEO and Ensnare Shell in Nigeria Bribery Scandal

A CEO never expects to be wiretapped. Let’s face it – a wiretap in the C-Suite is rare. Justice Department prosecutors have always looked for an opportunity. CEOs have loose lips and can suffer significant damage from recorded conversations. Full story

Source: http://www.jdsupra.com/legalnews/dutch-prosecutors-record-shell-ceo-and-17472/

Posted by Hussaini Ali April 20, 2017

Advocacy group: Shell knew of bribes to Nigeria official

[JURIST] The anti-corruption group Global Witness (GW) [advocacy website] said [press release] Monday that recently leaked emails reveal that Shell [corporate website] knowingly briber Nigerian officials so the company could access a Nigerian offshore oilfield. Full story

Source: http://www.jurist.org/paperchase/2017/04/advocacy-group-shell-knew-of-bribes-to-nigeria-official.php

Posted by Hussaini Ali April 12, 2017

Head of Nigeria’s Oil, Gas Free Zones Authority wants agency’s establishment law amended

Amending the principal laws establishing the Nigerian Export Processing Zones Authority, NEPZA, and Oil and Gas Free Zones Authority, OGFZA, to remove the flaws will benefit all Nigerians, managing director of OGFZA, Okon Umana, has said. Full story

Source: www.premiumtimesng.com

Posted by Amaka, 15 February 2017

Nigeria: Niger Delta Villagers Can’t Sue Shell in UK for Nigerian Oil Spill, Court Rules

A UK High Court yesterday ruled that two Niger Delta communities devastated by oil spills cannot pursue their case against Shell in the United Kingdom for oil spills that occurred in Nigeria. Full story

Source: http://allafrica.com/stories/201701270053.html

Posted by Hussaini Ali January 28, 2017