Militants attack oil pipeline in Niger Delta region
Militants are said to have blown up a crude oil pipeline operated by Nigeria's state oil firm NNPC in the Niger Delta.
Militants are said to have blown up a crude oil pipeline operated by Nigeria's state oil firm NNPC in the Niger Delta.
A gas pipeline operated by Nigeria's state energy company has been attacked by men disguised as maintenance staff, according to local police.
Following months of oversupply, the oil market has now found an unlikely “friend” in the form of militant activity. Last month saw unplanned outages reaching a record high as attacks from Niger Delta Avengers hit major global oil suppliers and Canada saw an estimated 1.2 million barrels a day knocked offline due to forest fires in Alberta.
Militants have launched new attacks in the Niger Delta with President Muhammadu Buhari cancelling a long-awaited visit to the region.
Amnesty International has said oil giant Shell must not be allowed to “palm off its responsibility” for past spills in the Niger Delta region of Nigeria.
Shell's Nigerian country chair said recent attacks by terrorists in the country had contributed to a "significant decline" in production levels.
Eland Oil & Gas posted record production in the Niger Delta, according to its latest financial results.
Radical militant group the Niger Delta Avengers has warned it will step up attacks unless oil firms left the region within two weeks.
Two crew members of the Bourbon Liberty 251 have been released after being abducted by pirates, their employer has confirmed.
Engineering services firm Penspen has been awarded a contract from Sirius Group to conduct an engineering study for the monetisation of gas reserves from oilfields offshore Niger Delta.