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.

MARAD, IMO unite against piracy in Africa

The Chairman of the Association of African Maritime Administrations (AAMA) Dr. Dakuku Peterside has stated that Maritime Administrations (MARADs) in Africa are set to tackle the hydra-headed issues of piracy, sea crime and illegal migration in the continent.

Pipeline vandalism drops by 32.93% in one month

The Nigerian National Petroleum Corporation (NNPC), has stated that the vandalism of crude oil pipelines dropped by 32.93 per cent, from 82 cases in April 2017 to 55 cases in May, 2017.
This came as the Central Bank of Nigeria stated that the nation's oil sector earned N817.5 billion in the first quarter of 2017.

University vows to continue oil search in Chad Basin

The Vice-Chancellor of the University of Maiduguri, Prof. Ibrahim Njodi has pledged the commitment of the institution to go the whole hug with the Nigerian National Petroleum Corporation, NNPC in the search for commercial hydrocarbon deposits in the Chad basin despite the recent insurgent attack.

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.

282 missing vessels: NPA faults Senate's allegations

The management of the Nigerian Ports Authority (NPA) has countered an allegation by the Senate Committee on Customs, Excise and Tariff, that 282 Vessels got missing under its watch between 2010 and 2016. 

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.

Anti-piracy law in focus as NIMASA marks ‘Africa Day of Seas and Oceans’

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has disclosed that NIMASA is championing the passage of a dedicated anti-piracy law aimed at tackling piracy and all forms of illicit crimes on the nation’s waterways.

This is coming five years after the Agency in conjunction with stakeholders in Nigeria’s maritime industry first mooted plans for an the anti-piracy law against the background of alarming increase in piracy incidents in the Gulf of Guinea during that period.


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