Host Communities Of Nigeria Producing Oil And Gas
The Nigerian National Petroleum Corporation on Thursday, April 7, said that the country has lost about $1.5 billion to oil theft and vandalism since January.
The House of Representatives has resolved to investigate the outrageous rise in the price of diesel and cooking gas across domestic markets in the country.
Delta governor, Senator Ifeanyi Okowa has cautioned oil-rich communities to live in peace, saying unrest could lead to further divestment in the oil sector.
The Senate committee on ethics, privileges and public petitions has frowned at the illegal awarding of OML 46 in contravention to a presidential directive.
Federal government has revealed that one of its intervention funds is in partnership with NEXIM bank to support research and innovation in the oil & gas sector.
The upward movement of the oil prices which is now at a record high is good news and more money for Nigerian oil and gas billionaires and their businesses.