Business

A youth leader from Kokori oil producing community in OML30, in Ethiope East Local Government Area of Delta State, Comrade Odiri Umukoro, has said he is satisfied that indigenes and youths of the 112 host communities in OML30, are engaged in securing the pipelines and oil facilities in the asset. …

The Shell Petroleum Development Company of Nigeria (SPDC) and prominent environmentalists have held divergent views on Friday’s verdict by a Dutch court that found Shell liable for pollution of farmlands and fish ponds of four farmers in the Niger Delta. While SPDC expressed disappointment over the ruling, some environmentalists applauded …

By Amos Okioma, Yenagoa Fishermen operating in the shallow waters of the Atlantic Ocean near Bayelsa coastline on Sunday reported an oil leak suspected to be from the Funiwa oilfield operated by Chevron Nigeria (CNL). Our correspondent reports that fishermen from Koluama in Southern Ijaw Local Government Area noticed crude …

A Bayelsa State High Court on Thursday struck out 12 suits on alleged breach of contract filed by surveillance contractors engaged at the Nembe Creek oilfields in Bayelsa by Aiteo Eastern Exploration Limited. The surveillance contractors, who are members of the oil firm’s host communities at Opu-Nembe, had dragged the …

Over three months after an oil spill that occurred from a facility operated by the Consolidated Oil and Gas Nigeria Limited (Conoil) in Sangana community in Akassa Kingdom, Brass Local Government Area of Bayelsa State, the multinational oil giant is yet to respond to the incident, as the Bayelsa State …

Artisanal Fishermen Association of Nigeria (ARFAN) on Friday urged the Federal Government to leverage on its successes in containing the COVID-19 pandemic to avert another lockdown in the new year. They equally appealed to the government to prevail on Shell Nigeria Exploration and Production Company (SNEPCO) to pay the $3.6 …

Bayelsa State Government says it is making last ditch efforts to acquire the operational license for the commencement of commercial flights by the end of January next year. The state deputy governor, Senator Lawrence Ewhrudjakpo, disclosed this on Wednesday during a meeting with the airport management and service providers in …

The Federation of Tourism Associations of Nigeria (FTAN) has emphasized the necessity of effective cooperation between the public and private sectors in tourism development and promotion, adding that the time is ripe for representatives of both public and private sectors to consider cooperation as a necessary step towards the quick …

By John Amaowoh, Port Harcourt Stakeholder’s in Nigeria’s export business have identified escalating insecurity, corruption and others as major challenges facing the non-oil sector of the nation`s economy. The stakeholders at a one day round table forum for Cassava and Palm Producers in Non Oil Sector in Rivers State, organized …

By Joel Anekwe The Nigeria Liquefied Natural Gas NLNG has declared its resolve to achieve its dream of up-scaling the prominence of Bonny, and helping to make it a major investment destination. The company made the declaration at the weekend during the signing of  a Memorandum of Understanding with Bonny …