Sentences with phrase «nigerian oil»

Prest v Petrodel Resources Ltd concerned the financial settlement following the divorce of a Nigerian oil trader, Michael Prest, and his wife Yasmin.

She then advised African governments on investment strategy before becoming corporate counsel for AIM listed Equator Exploration which was eventually taken over by Oando Plc, the largest indigenous Nigerian oil company.

Jayson has particular experience in the upstream oil and gas sector having acted for exploration and production companies and service companies for many years and been seconded to a significant Nigerian oil and gas company.

a US energy major in relation to an equity redetermination of the participating interests in a Nigerian oil field involving ad hoc arbitration proceedings and litigation before the Nigerian courts

Shell's headquarters raided and formal investigation launched over billion dollar Nigerian oil deal

Fishermen in Akwa Ibom State are complaining about the suspension directive issued by the Nigerian Oil Spills Detection and Response Agency, NOSDRA, Reverend Samuel Ayadi, who chairs the Akwa Ibom chapter of Artisan Fishermen Association of Nigeria, told the News Agency of Nigeria on Sunday.

The relatively high carbon «footprint» of Nigerian oil

Shell Accepts Liability For Nigerian Oil Spills For First Time - Region Will Take 30 Years To Clean Up

More about the plight of sharks Nigerian Oil, Shark Fin Soup & Elephant Poaching: Planet in Peril's Lisa Ling Answers TreeHugger's Questions Jean - Michel Cousteau: Sharks Need Our Help

In 2011, Shell and Italian oil giant Eni paid $ 1.1 billion for an oil block, knowing the money would go to a front company secretly owned by a notorious former Nigerian oil minister, Dan Etete, who had been convicted for money - laundering.

Court order mandates the return of oil block OPL245, for which Shell and Eni paid $ 1.1 billion to a company secretly owned by a former Nigerian oil minister.

Police investigations into the billion dollar scandal reveal top Eni officials led by Mr Descalzi were centrally involved in negotiations with Chief Dan Etete, the former Nigerian oil minister believed to have been one of the deal's main beneficiaries.

For instance, Nixon states that «it was argued by some that [methane and carbon dioxide emissions from flaring in Nigerian oil fields during the 1990s] was the single greatest contributor worldwide to climate change».

Some of the spam emails you get about Nigerian Oil or Nigerian Gold are comically bad, but it's important to remember that even smart people fall for well - disguised fraud.

Some of the spam emails you get about Nigerian Oil or Nigerian Gold are

Along the way, several others join them, including Fineboy, a teenager who had joined the country's militants to protest foreign countries taking Nigerian oil; 16 - year - old Isoken, who is searching for her parents; and Oma, a woman escaping her wealthy husband, an oil industry employee who — as described in one of the novel's many great lines — treats her like expensive shoes, «to be polished and glossed but, at the end of the day, to be trodden on.»

Analysis by the RAND Corporation suggests that the U.S. Air Force could provide security for strategically valuable Nigerian oil.

Ever asked why France despite all the noise are still lobbying invest $ 1bn in the Nigerian oil sector?

The EFCC had alleged that over $ 1.1 bn fraudulently exchanged hands in alleged shady transactions over the highly lucrative Nigerian oil well OPL 245, said to have been originally offered to Malabu Oil and Gas Ltd by the then Gen. Sani Abacha junta under controversial circumstances in 1998.

As a major oil producer, involving the private sector — and I am aware that Dangote is building some refineries and tank storage capacities — it should be possible to process Nigerian oil locally into finished petroleum products and export them to West Africa and the rest of Africa without us having to import petroleum products from outside.Speaking as a former leader of an African country, I can tell you that our quest to build our countries into industralised economies that can begin refining our own raw materials and manufacturing what we need, is not a development paradigm that the rich nations are enthused about.

Being the first project to be launched after the enactment of the Nigerian Oil & Gas Industry Content Development Act in 2010, the ongoing integration and work on the Egina project pushes the Nigerian local content on the project to the highest level and has set a benchmark for the Nigerian Oil & Gas Industry.

The aim is to proffer and implement a long term solution to militancy in the Nigerian Oil and Gas Sector and this approach is presently yielding results with the almost near zero militancy in the past three months.

LAGOS — As oil prices continue on the downward slide, Nigerian oil firms may be producing at up to $ 5 / barrel loss, as average production costs for independent and marginal field producers is between $ 30 and $ 35 / barrel.

To show he is not about to pull any punches, Buhari has gone after Diezani Alison - Madueke, the first female to be made Oil Minister in charge of the sprawling Nigerian oil industry.

Former Nigerian oil minister, Diezani Alison - Madueke permanently forfeited $ 153.3 million, (about 34 billion Naira), to the Nigerian government today, in the judgment by of a Federal High court sitting in Lagos.

Why would we leave the value chain of the Nigerian oil industry undeveloped beyond crude oil and gas extraction and export simply because we want to continue with an unsustainable subsidy?

Vanguard exclusively gathered that the blacklisting of Nigerian oil marketers by the foreign suppliers followed the challenges faced by marketers to access foreign exchange due to stringent rules by the Central Bank of Nigeria, CBN, on foreign exchange transactions.

It's estimated that Nigerian oil money goes to approximately the top 10 percent of the population.

Not exact matches

LAGOS, May 2 - Nigerian energy firm Forte Oil said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on its core fuel distribution operation at home.

LONDON, March 27 - Global oil traders Vitol and Glencore are in talks to financially back Nigerian firms racing to buy assets owned by Brazil's Petrobras valued at up to $ 2 billion, several sources familiar with the matter said.

The dispute involves a lawsuit filed against Royal Dutch Petroleum over claims that the oil company was complicit in abuses committed by the Nigerian government against its citizens in the oil - rich Niger Delta.

Looking at the figures above I can not complain as my dividend train keeps chugging along churning out that passive income despite currency headwinds, economic headwinds, terror across the world, saber rattling from North Korea, Russian troops in Ukraine, The Nigerian delta under attack curbing the flow of oil, floods, earthquakes etc. etc..

Based in Lagos, this Nigerian investment bank raised $ 344 million in a single equity offering last year — a follow - on deal for Oando, an oil and gas company, on May 20, 2013.

If you enjoyed my Red Pepper Ofada Stew, you will also enjoy my Cayenne Pepper Stew (Shombo Stew), Nigerian Tomato Stew Base, Palm oil Stew and Fresh Tomato Sauce.

If dangote doesn't have cruel plans for either Arsenal or Nigerians who have limited access to the oil wells, why did he no purchase a Nigerian club, Enyimba, Heartland etc....

«If they had used 50 % of the money we made, when oil prices went as high as $ 143 dollars per barrel, and stabilized at $ 100 dollars with production at 2.1 million barrels per day for many years, Nigerians would have minded their businesses.

It added, «Recent upsurge in vandalism has negatively impacted on the Nigerian crude oil production output, losing its African top crude oil producer to Angola.»

«Nigerian crude oil production for the month of March 2016 stood at 57.43 million barrels, which is 3.1 per cent lower than February 2016 production, and so far, the lowest recorded in the 12 - month review period.»

Their lands and swamps have, for decades, been ravaged by an insensitive, oil - guzzling Nigerian state.

NIPCO Investments Limited and Exxon Mobil Oil Corporation executed a Share Sale and Purchase Agreement detailing the terms and conditions of the acquisition,» a publication on the Nigerian Stock Exchange website read.

Nigeria has lost over 1,500 megawatts of electricity as a result of the ceaseless attack on oil and gas installations by the Niger Delta militants, the Nigerian National Petroleum Corporation, NNPC, has disclosed.

Osinbajo, in his response again said that high oil prices and economic growth of previous years had failed to translate into a better life for most Nigerians.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

«For the avoidance of doubt, we need to state it again that Dr. Ayeni is a law abiding and patriotic entrepreneur who continues to contribute to the growth of this economy and who, through business acumen and initiatives, continues to create employment opportunities to hundreds of Nigerians in the finance, telecommunications, oil and gas, maritime and real estate sectors, among others, of our economy.

First there are three critical problems with the structure of our economy - the dominance of government spending on recurrent expenses of a public service which employs only a small percentage of Nigerians; the dominance of our oil and gas sector (and until recently power) by an inefficient and corrupt public sector; and the structure of our financial sector which excludes Small, Medium and Micro Enterprises from financing and has been unable to provide mortgages and housing for the middle class.

Aregbesola also issued a «wake - up call» to Nigerians to prepare for an impending economic revolution, which wind is blowing across the world in the form of recession and the ongoing global efforts to discover a «new world economic order without crude oil,» urging the people to be prepared both intellectually and spiritually so as to be able to stand up to the new development.

The Governor of Osun, Ogbeni Rauf Aregbesola Thursday urged able bodied Nigerians to take to farming on full or part time basis as alternative to the over-dependence on oil for the quick recovery of the ailing economy of the country.

Eni, the parent company of Nigerian Agip Oil Company (NAOC), said the oil firm's production had been cut short by 65,000 barrels per day (bOil Company (NAOC), said the oil firm's production had been cut short by 65,000 barrels per day (boil firm's production had been cut short by 65,000 barrels per day (bpd)

The Nigerian Army had on Sunday announced the arrest of 10 suspected militants specialised in disruption of oil and gas facilities and their weapons.

The Nigerian Air Force (NAF) has expressed its readiness to partner with Shell Companies in Nigeria by deploying its Unmanned Aerial Vehicles (UAVs) to help secure the companies» oil and gas pipelines as well as other critical oil installations in the Niger Delta.