Shell declares force majeure

Shell in Nigeria

Nigeria’s crude oil export capacity and its foreign exchange earnings may be seriously jeopardised in the days ahead as Shell Petroleum Development Company; SPDC, yesterday declared a force majeure on Forcados. The oil company’s action was sequel to the disruption in production caused by the spill on Forcados Terminal subsea crude export pipeline.

Nigeria needs entire army to man oil facilities - JTF Commander

Nigeria needs an entire army to man its oil and gas assets, Commanding Officer of the 3 Battalion, Effurun, Lt Col Igwe Omoke, has said.

Lt.-Col. Omoke spoke when members of the House of Representatives’ Committee on Gas Resources visited the Nigeria Gas Company (NGC), in Warri, at the weekend.

He said the criminal justice system was an obstacle to efforts to protect critical national assets.

Shell yet to identify source of the oil spill at Forcados

The Shell Petroleum Development Company (SPDC) is yet to identify the source of the oil spill caused by attacks on the Forcados Crude Oil Export Pipeline in Burutu, Delta State.

A new militant group, Niger Delta Avengers (NDA), in a statement, claimed responsibility for the latest attack. Attackers of the facility claimed to have struck at about 10:55pm on Saturday.

Nigeria's Forcados Crude Export Terminal Hit by Major Spill. Oil Lifting Suspended

Nigeria’s crude oil export operation has suffered a serious setback following a major crack-up of a giant underwater pipeline at the Forcados export terminal.

Following the incident, crude oil lifting h‎as now been suspended at that platform, officials said.

The pipeline, described as a big artery in the nation’s oil production was said to have suffered a huge rupture under circumstances that are at the moment still hazy.

Nigeria is already bleeding from the impact of low oil prices, with revenue dipping month after month.

1500 Self-confessed militants seek inclusion in amnesty program

Some 1, 500 Niger Delta militants have expressed their desire to surrender their arms to the federal government and embrace the amnesty program.

 A statement by O. C. Babaeere and America Tekeiminikpoba on behalf of others on Sunday said their action was sequel to the intervention of the Minister of State for Petroleum Resources, Dr Ibe Kachikwu.

 The duo who said they are commanders from some camps in Lagos/Ogun states and environs however said they were ready to surrender their arms and embrace the amnesty program if the federal government was sincere.

Nigerian Navy foils ship hijack, rescues 25 foreigners

Nigerian Navy

About twenty five foreigners including Britons, South Africans, Indians, Filipinos and Thais were rescued as the Nigerian Navy foiled an attempt by suspected sea pirates to hijack and abduct them aboard a Maersk merchant ship.

The ship was carrying general cargo to Nigeria at the time of the attack.

Executive Officer of the Nigerian Navy Ship (NNS) Pathfinder Navy Capt. Olusegun Soyemi, stated that the vessel arrived safely with the rescued crew members yesterday at Onne Port in Rivers State.

3 Russians on trial in Nigeria for ‘illegal crude oil trade’ skip bail

Illegal Crude Oil Trade

Three Russians who are among 14 foreigners accused of dealing in crude oil without licence have jumped bail, the Federal High Court in Lagos heard on Monday.

Justice Ibrahim Buba issued a bench warrant for their arrest.

He also revoked the bail granted to other accused persons.

The judge ordered Zenith Bank Plc, which provided a bank guarantee for the bail granted the accused persons for N50million each, to appear and explain why the sum will not be forfeited.