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House Investigates Skewed Managerial Repositioning at Agip


Adedayo Akinwale
The House of Representatives has kicked against an alleged skewed internal repositioning of personnel of the Nigeria Agip Oil Company (NAOC) from one geo-political zone into strategic management positions at the expense of zones in the country.
The House also mandated its Committee on Petroleum Resources (Upstream) to investigate the skewed repositioning of personnel and report back within three weeks for further legislative actions.
The resolution of the House was sequel to the adoption of a motion on urgent national importance “to address the imminent civil disorder and breakdown of law and order across the Niger Delta arising from Agip” that was moved yesterday by Hon. Preye Oseke. ....

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Oil, Gas, And Fracking News Reads: 11April 2021


Here are some more selected news articles for the week ending 10 April 2021. Go here for Part 1.
This is a feature at
Global Economic Intersection every Monday evening or Tueday morning.
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Bakken crude to be rerouted in every direction if DAPL shuts | S&P Global Platts - Bakken Shale crude oil volumes would ship to the west, east and even up north into Canada and back into the US again as producers and pipeline operators target alternative routes if the Dakota Access Pipeline is shuttered, even temporarily, according to industry sources. A federal court could decide as soon as April 9 whether the Bakken Shale s main crude artery is forced to close, dispersing the volumes from the four-year-old, 570,000 b/d pipeline to other existing pipelines, lightly used crude-by-rail networks, and trucking routes, and widening Bakken crude price discounts. If the Energy Transfer-operate ....

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Nigeria oil production falls by 10.25%


Vanguard News
Nigeria oil production falls by 10.25%
On
By Obas Esiedesa
Nigeria’s total crude oil and condensate production from January to October 2020 fell by 10.25 percent when compared to similar period in 2019, latest data from the Nigerian National Petroleum Corporation, NNPC, has shown.
Data contained in the NNPC monthly financial and operational report for November 2020 showed that for the eight months period, total oil and condensate production for January to October 2020 was 553.59 million barrels.
The figure for January to October, 2019 was 616.87 million barrels.
The report also revealed that production in September 2020 was 47.82 million barrels, a 23 percent decline from the 62.10 million barrels produced in September, 2019. ....

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Breaking News | Nigeria oil production falls by 10.25%


By Obas Esiedesa
Nigeria’s total crude oil and condensate production from January to October 2020 fell by 10.25 percent when compared to similar period in 2019, latest data from the Nigerian National Petroleum Corporation, NNPC, has shown.
Data contained in the NNPC monthly financial and operational report for November 2020 showed that for the eight months period, total oil and condensate production for January to October 2020 was 553.59 million barrels.
The figure for January to October, 2019 was 616.87 million barrels.
The report also revealed that production in September 2020 was 47.82 million barrels, a 23 percent decline from the 62.10 million barrels produced in September, 2019.
The data also showed that oil and condensate production for August 2020 was 51.15 million barrels, a drop of 20.87 percent when compared to 64.64 million barrels produced in August 2019. ....

Obas Esiedesa , Nigerian National Petroleum Corporation , Nigeria Petroleum Development Company , Oil Gas , Joint Ventures , Production Sharing Contracts , Alternative Funding , நைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம் , நைஜீரியா பெட்ரோலியம் வளர்ச்சி நிறுவனம் , எண்ணெய் வாயு , கூட்டு முயற்சிகள் , ப்ரொடக்ஶந் பகிர்வு ஒப்பந்தங்கள் , மாற்று நிதி ,