http://inzim.com/s/index.php?t=69,138 The latest news on Africa, sourced from allAfrica.com, filtered and categorized. en-en http://inzim.com/s/images/button.jpg http://inzim.com/s/index.php?t=69,138 http://inzim.com/s/go.php?s=445987 http://inzim.com/s/go.php?s=445987
[Vanguard]Yenagoa -Communities in the downstream of the Taylor creek traversing Bayelsa communities in Yenagoa local government area have been hit by a fresh oil spill from a Shell Petroleum Development Company (SPDC) facility.

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[Daily Trust]Lagos -International Oil Companies (IOCs) have expressed readiness to invest $165 billion (about N25.9 trillion) in Nigeria in the next five years.

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[Premium Times]The Ikarama Community in Yenagoa Local Government Area of Bayelsa State has disagreed with Shell Petroleum Development Company over the cause of the reported oil spills from nearby oil wells.

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[This Day]The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has said Nigeria will by 2025 bring down its gas flaring by at least two per cent.

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[Vanguard]Global financial watchdog, the International Monetary Fund, IMF, has commended Nigeria's Petroleum Industry Bill, PIB, saying, it "would boost investment, government revenue, and fiscal transparency."

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[Leadership]The United Kingdom and the United States have indicated interest to assist Nigeria curb the menace of crude oil theft which President Goodluck Jonathan has described as "blood oil".

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[Premium Times]The former chairman of the Economic and Financial Crimes Commission, EFCC, Nuhu Ribadu, said on Wednesday, that up to $500 million (N75bn) of Nigeria's oil revenue gets drained monthly as a result of the opacity that bedevils Nigeria's oil sector.

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[This Day]Nigeria's export of Liquefied Natural Gas (LNG) has suffered a major setback as Shell Petroleum Development Company of Nigeria Limited (SPDC) has declared a force majeure on gas supplies to the Nigeria Liquefied Natural Gas (NLNG) Limited in its Bonny Island plant in Rivers State.

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[Vanguard]Abuja -Justice E. S. Chukwu of the Federal High Court in Abuja, yesterday, granted the request of the Economic and Financial Crimes Commission, EFCC, to evacuate for safe keeping the petroleum products recovered from 14 suspected oil thieves currently facing prosecution for charges bordering on conspiracy and oil bunkering.

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[This Day]Justice Elvis Chukwu of the Federal High Court in Abuja has granted the request of the Economic and Financial Crimes Commission, (EFCC) to evacuate for safe keeping the petroleum products recovered from 14 suspected oil thieves facing prosecution for oil bunkering.

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