A Federal High Court in Lagos, on Wednesday, dismissed a 55 million dollars debt recovery suit filed by the Federal Government of Nigeria against Agip Oil Company Ltd, over insufficient evidence.
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Court Dismisses FG's $55m Debt Recovery Suit against Agip Oil - THISDAYLIVEJustice Mojisola Olatoregun of a Federal High Court in Lagos on Wednesday, dismissed a 55 million dollars debt recovery suit by the Federal Government against Agip Oil company over undeclared crude oil shipment. The court dismissed the suit on grounds of insufficient evidence.(NAN) Details later…
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Ex-staff floors Forte Oil in court, awarded N6.2m - Daily Post NigeriaThe National Industrial Court, Abuja, on Thursday, converted a summary dismissal of a staff of Forte Oil Plc to termination and ordered the company to pay
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Court frowns at appeal to stall obedience to court order – Daily TrustA Federal High Court in Abuja has frowned at the Independent Corrupt Practices Commission’s (ICPC) alleged use of notice of appeal to stall the suit seeking to unfreeze bank accounts belonging to a firm. Justice Binta Nyako had on March 5, 2019, directed ICPC to unfreeze the accounts and assets of Blaid Construction Limited and …
Source: Daily Trust - 🏆 13. / 51 Read more »
Delta community threatens to shutdown Agip operationsThe people of Irri community in Isoko South Council Area, Delta State, have threatened to shut down operations of the Nigeria Agip Oil company...
Source: TheNationNews - 🏆 6. / 69 Read more »
Delta community threatens to shutdown Agip operationsThe people of Irri community in Isoko South Council Area, Delta State, have threatened to shut down operations of the Nigeria Agip Oil Company
Source: TheNationNews - 🏆 6. / 69 Read more »
FIRE ON THE OILFIELD - THISDAYLIVEMONDAY EDITORIAL The authorities should ensure that the Ilaje oil spillage is properly handled The recent explosion at the Oju-Imole oil field in Ilaje Local Government Area of Ondo State has again raised the challenge of safety of lives and property in the oil producing communities. More disturbing is that these oil fields said to …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Why Anambra, Enugu, Kogi can’t be declared oil bearing states, by DPRThe Department of Petroleum Resources (DPR) on Thursday said that Anambra, Enugu and Kogi States can only be declared oil- producing states Orient producing 10k barrels into where? Which terminal are they exporting from? What storage facility are they using? Is it an FSO offshore? Are they shuttling? From where to where?
Source: TheNationNews - 🏆 6. / 69 Read more »
Anambra, Enugu, Kogi can’t be declared Oil Producing States now- DPRTHE Department of Petroleum Resources (DPR) yesterday gave an insight into why Anambra, Enugu and Kogi States cannot be declared oil-producing states.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Declare state of emergency on crude oil theft , expert tells FG - Vanguard NewsOil and Gas expert, Meka Olowola, has charged the Federal Government to declare a state of emergency in the oil and gas sector owing to alarming rates of ...
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Nigeria saves N673b from refining oil abroad | The Guardian Nigeria News - Nigeria and World NewsNNPC discloses that Nigeria has saved $2.2 billion (N673.2 billion) from refining over 40 billion litres of crude oil abroad through the nation’s Direct Sale and Direct Purchase scheme. Nigeria How? Disgraceful. No shame at all NIGERIANS are not impressed with your abysmal performances that has made energy a constant issue in our lives!!!
Source: GuardianNigeria - 🏆 1. / 94 Read more »
20 Nigerian oil cargoes remain unsold despite price cutThey have said oil will soon be worthless....but we are not paying attention. Better, so that una go channel the money wey, una dey waste in oil search, in the northern basins, into better use...😔 That's because the govt keep claiming there's no money. Despite the oil sold, the sukuk, the bonds, the billions recovered in hard currency. All they have done is pay salary, Dole out money to Guinea and travel all over the world.
Source: MobilePunch - 🏆 8. / 63 Read more »