Security

Protesters storm Shell oil facility in Niger Delta

<div style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 300; font-size: 13px; font-family: &quot;Open Sans&quot;;">Hundreds of Nigerians stormed a crude oil facility and gas plant owned by Shell in the Niger Delta on Friday demanding jobs and infrastructure development.</div><div style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 300; font-size: 13px; font-family: &quot;Open Sans&quot;;">&nbsp;</div><div style="font-style: no

Nigeria to legalize mini-refineries, supply them crude

Nigeria will legalise currently outlawed mini refineries in the Niger Delta oil hub by the end of the year and supply them with crude at a reasonable price, the presidency said on Thursday, fulfilling demands from community leaders.
 
On Monday, Niger Delta leaders threatened to pull out of peace talks with the government unless their demands were met by Nov. 1.
 

Niger Delta leaders threaten to pull out of peace talks

 
 
Prominent community leaders in Nigeria's restive Niger Delta oil hub threatened on Monday to pull out of peace talks with the government unless their demands were met by Nov. 1.
 
They told a news conference in Abuja the federal government had failed to implement promises to drag the region out of poverty, a key demand by militants who had stopped attacks on oil pipelines to give peace talks a chance.
 

New Petroleum Policy to end hostility in Niger Delta

The federal government has signed a new policy that seeks to permanently end hostilities in Niger Delta by availing oil communities the opportunity to participate in block allocations.
 
This is called the National Petroleum Policy (NPP). The key provision of the policy includes the participation of host communities in transparent and competitive license allocation, albeit through special purpose vehicle controlled, registered and operated by the host communities.
 

NNPC suspends oil search in Chad Basin


The Nigerian National Petroleum Corporation has suspended exploration for crude oil in the Lake Chad Basin, situated in parts of Borno State, following attacks on its workers and some military personnel by the terrorist group, Boko Haram.

The Minister of State for Petroleum Resources, Ibe Kachikwu, said the exercise had to be put on hold until the military could give the  corporation sufficient clearance to resume oil search in the region.

Nigeria rescues kidnapped oil firm staff

Nigeria's military has rescued all members of an oil survey team kidnapped by suspected Boko Haram militants, it said in a statement on Wednesday, after they were taken in the country's conflict-ridden northeast.

Earlier on Wednesday, the Nigerian National Petroleum Corporation (NNPC) said suspected members of the Islamist insurgency had kidnapped 10 members of a university research team the firm had contracted to prospect for oil in Nigeria's northeast.

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