IOCS
25 Dec
A Coalition of local and International Civil Society Organisations (CSOs) have called on President Bola Tinubu to halt all divestment requests from International Oil Corporations (IOCs) in the Niger Delta
20 Dec
While the Dangote Petroleum Refinery has made strides to ease transportation costs by lowering fuel prices and introducing innovative credit schemes for consumers, a contrasting issue has raised concerns among civil society groups and community leaders.
14 Nov
Nigeria Liquefied Natural Gas Limited (NLNG) has expressed optimism that ongoing divestments by International Oil Companies (IOCs) from onshore and shallow water fields will enhance feedstock gas supply, allowing it to achieve production capacity.
21 Oct
Human and Environmental Development Agenda (HEDA) has called on the Attorney-General of the Federation (AGF), Lateef Fagbemi (SAN), to immediately recover over $55 billion owed to the Nigerian government by International Oil Companies (IOCs).
27 Sep
Despite significant reduction, the amount of crude oil stolen from Nigeria and unpaid taxes/royalties by International Oil Companies (IOCs), stand at about $7 billion.
8 Aug
Dangote Industries Limited has dismissed recent media reports suggesting that the Dangote Refinery has backtracked on its position regarding crude oil supplies from the Nigerian National Petroleum Corporation (NNPC). The reports incorrectly allege that the refinery has admitted to receiving 60% of its crude from the NNPC. In a statement signed by Anthony Chiejina, Group…
7 Aug
C & I Leasing Plc has enhanced Huawei's operational efficiency to address safety, comfort and reliability for smooth logistics operations in the marine and transport sectors. The agreement between both firms will not only expand the company's vehicle fleet services but also deepen its capability to offer versatile and scalable transportation solutions. According to C&…
3 Jun 2024
The Executive Chairman of AA Holdings, Austin Avuru, from the regulatory point of view, has emphasised the need for proper management in the transition from International Oil Companies (IOCs) to independent operators in Nigeria's oil and gas sector.
27 Mar 2024
The recent Central Bank of Nigeria (CBN) guidelines on two critical areas in the management of the foreign exchange market is quite insightful. On one hand, the Bank has restricted the international oil companies
28 Feb 2024
The Federal Government yesterday said international oil companies (IOCs) will not be blocked from divesting their assets in the country even as the government warned that short-changing Nigeria in the process will not be tolerated.
28 Feb 2024
Despite the dwindling support for investment in fossil fuel and exit of International Oil Companies (IOCs) from Nigeria, the Federal Government has said over $100 billion worth of opportunities are available within the nation’s upstream space.
25 Feb 2024
A coalition of Civil Society Organisations (CSOs), oil-producing communities and concerned individuals in the Niger Delta region, last Friday, staged a peaceful rally in Port Harcourt, Rivers State
Latest
1 day ago
Popular nightlife entrepreneur Pascal Okechukwu, popularly known as Cubana Chief Priest, has addressed claims by a woman alleging that he fathered her child. In a response shared via his Instagram story today, January 5, 2025, the socialite hinted at conducting a DNA test to debunk the allegations. He wrote, “Fake Azaman no work. Fake brother…
1 day ago
A devastating gas explosion occurred on Sunday at Big Tree, Orazi in Port Harcourt, leaving over 20 persons, including children, severely burned. The incident has sent shockwaves through the community, with many of the victims receiving treatment at the Rivers State University Teaching Hospital. According to eyewitnesses, the explosion occurred in the afternoon, and firefighters…
1 day ago
The Katsina State Police Command has confirmed the killing of the Chairman of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) in Katsina State, Amadu Surajo. Spokesperson for the police command, ASP Abubakar Aliyu, made the confirmation in a statement he issued to newsmen on Sunday afternoon. Also known as Rufai, Surajo…
1 day ago
Popular nightlife entrepreneur Pascal Okechukwu, popularly known as Priest Cubana Chief, has vowed to secure the release of Speed Darlington, who is currently in police custody. Priest Cubana Chief announced the plan today, January 5 2025, He wrote on Instagram, “Tomorrow we coming for you, Akpi Nwamama (Speed Darlington). Monday is almost here. Make we…
1 day ago
Gov Yusuf visits father’s grave on 62nd birthday By Murtala Adewale, Kano Kano State governor, Alhaji Abba Kabir Yusuf, on Sunday, paid a visit to his late father's grave at Dandolo Cemetery to offer special prayers on his 62nd birthday. The governor dedicated quality time during his visit to pray for the…
1 day ago
Ondo State governor, Lucky Aiyedatiwa, has declared three days of mourning and prayers in honour of the late Secretary to the State Government (SSG), Hon. Temitayo Oluwatuyi, who passed away on Saturday following a car accident. During a condolence visit to the Oluwatuyi family in Akure, Governor Aiyedatiwa praised the late SSG as a distinguished…
1 day ago
Apex Igbo socio cultural organization, Ohanaeze Ndigbo said on Sunday that it is ready for the January 10, 2025 election for the national executives, stressing that no fewer than three people have picked forms from Rivers state for the president general position. The President General position is zoned to Rivers State as the election is…
1 day ago
Frustrated Bruno Fernandes said if Manchester United can perform at Anfield they must "do it everywhere" after the crisis-hit side secured a 2-2 draw against Premier League leaders Liverpool on Sunday. Cody Gakpo cancelled out Lisandro Martinez's shock opener for United before Mohamed Salah put Liverpool ahead from the penalty spot, but Amad Diallo scored…
1 day ago
Disney's animated drama "Mufasa: The Lion King" reigned over North America's box office this weekend, surpassing "Sonic the Hedgehog 3" to start the new year with an estimated $23.8 million take, industry watcher Exhibitor Relations reported Sunday. The showing pushed "Mufasa" to a domestic total of $168.6 million over three weekends, propelling it into the…
1 day ago
Travellers returning to their abodes and workplaces after the Christmas and New Year celebrations have decried the exorbitant fares across motor parks in Ibadan on Sunday. The News Agency of Nigeria (NAN) reports the commuters claimed to have paid less while travelling for the celebrations than returning. A passenger, Mrs Rose Adeleke, said those who…