Tag: oil
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NDDC’s N.9 Billion COVID-19 Fund Lands Oil Governors in Trouble
Governors of the nine oil-bearing states- Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo, and Rivers- will soon be sweating it out...
Wike Advocates 10% Revenue for Oil-bearing Communities
Governor Nyesom Wike of Rivers State is advocating for not less than 10 percent oil revenue to oil-bearing communities in the Petroleum Industry Bill...
Bayelsa Community Threatens to Shutdown Shell’s Facilities over Oil Theft
Anglo-Dutch oil and gas major, Shell, is locked in a bitter dispute with the Nembe people of Nembe Local Government Area in Bayelsa State.
Well-informed...
Bayelsa Communities Lock Horns With American Big Oil Over Spill
American oil giant’s subsidiary, Chevron Nigeria Limited (CNL) is currently locked in a bitter dispute with some of its host communities in Bayelsa State....
Oil falls on mounting COVID-19 cases, supply concerns
Oil edged lower on Friday, falling more than two per cent on the week as COVID-19 cases surged globally and oil supply is set...
