Sentences with phrase «oil blocks»

He also revealed that at least five companies which have been awarded oil blocks have not moved to site.

We also resolved to put on hold the issue of the return of oil blocks owned by Northerners and the Yoruba to the Niger Delta people and demand that the NNPC should revisit their recent appointments, and urge the federal government to replace the GMD of NNPC with an indigene of the Niger Delta in the interest of peace, equity, fairness and justice.

Meanwhile, Exxonmobil emerged as the biggest winner in an auction last October for oil blocks outside the pre-salt area.

The 2011 deal saw subsidiaries of Eni and Royal Dutch Shell agree to pay US$ 1.092 billion for one of Nigeria's most lucrative oil blocks, OPL 245.

«All of the Amazon is a large oil block,» warns Patricia Alvarez Loayza, an ecologist and regional coordinator of Manu National Park for the TEAM Network, an international association that monitors tropical ecosystems.

It could be recalled that the Economic and Financial Crimes Commission (EFCC) had dragged Adoke to court over alleged involvement in a $ 1billion Malabu Oil Block deal.

She also said that the report that Italian prosecutors indicted her for sharing in the loot of the $ 1.3 billion OPL 245 oil block deal, which involved Malabu and the Joint Venture Multinational partners, ENI (AGIP) and Royal Dutch was false.

And to curb the menace of the disease in the country, the university don while speaking on the topic,» Stepping Out Into The World, Potential Well - Being, Change in Life Style And Cancer Education»» urged the Nigerian authority to, instead of allocating oil block to individuals, give it to cancer to ensure its early detection and management.

Pingback: Sugar & Veg Oil Block Fat Burn & Mitochondrial Function, Watch Recorded Sports Nutrition Webinar for ACSM - Adapt Your Life -LRB--RRB-

In effect, he gave himself one of the most valuable oil blocks in Nigeria and, with this deal was now cashing in.

As they share oil blocks to themselves, share positions to themselves, so they share national honour to themselves.»

In the same vein, however, Coordinating Secretary of PANDEF, Dr. Alfred Mulade, said the organization would come out with its formal position soon, but nevertheless stated that the group made its stand on NNPC, including participation in the oil industry / ownership of oil blocks known to the Vice President, Prof Yemi Osinbajo, when the Chief Edwin Clark - led group visited him on August 3.

Researchers in Taiwan found pumpkin seed oil blocked unhealthy prostate growth in male rats.

For constant oil temperatures, the other key component in the kit, is the «tried and true» GREX oil block adapter with integrated thermostat for quick engine oil warm ups.

Particularly welcome is the publication in the past fortnight of one of the country's most controversial deals — the attribution of previously confiscated oil blocks to two previously unknown companies.

These findings cover six of the seven productive oil blocks in Sudan.

«The story of this Nigerian oil block is one of the most flagrant examples of corruption the oil sector has seen, and the evidence from a UK court case suggests Mr Descalzi was at the heart of efforts to buy the block.

This comes just days after Nigeria's anti-corruption law enforcement agency seized a billion dollar oil block from Shell and Eni during a corruption investigation.

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.

We expose how US oil giant Exxon purchased a Liberian oil block it knew was tainted by corruption — while attacking US anti-corruption laws.

Shell's most senior executives were told payments for massive oil block would go to a convicted money - launderer, and then likely flow to then President Goodluck Jonathan and others, but still went through with the deal.

Oil giants Shell and Eni knowingly participated in a vast bribery scheme for one of Africa's most valuable oil blocks which deprived Nigeria and its people of $ 1.1 billion, an exposé by Global Witness and Finance Uncovered reveals today.

New, leaked internal emails seen by Global Witness and Finance Uncovered show that Shell's most senior decision - makers knew that the money they paid for oil block OPL 245 in 2011 would go to convicted money launderer and ex-Nigerian oil minister Dan Etete — rather than to benefit the Nigerian people.

An ICC arbitration, sited in London, involving rights to an off - shore oil block in West Africa allegedly valued in excess of $ 200 million.

Representing four Asian national oil companies against a European private oil company in a joint venture dispute concerning the operation of an Indonesian oil block.

As at the time, the company, which was barely a year old and had no history of producing a droplet of oil, was awarded controlling stakes in two lucrative oil blocks — OML 30 and 34 — for just over $ 50 million each.

Adoke had particularly denied benefiting from from the auctioning of the Oil Prospecting Licence 245 (OPL 245) known as Malabu Oil Block.

«Some noticeably problematic amendments are absent from this bill, such as allowing the oil minister to decide what to do with any surplus or allowing the Nigerian president to allocate oil blocks for exploration.

«We also urge the Federal Government to make an upward review of the derivation formula and consider strongly the inclusion of indigenous firms and the allocation of Oil blocks, «the group said.

The bunch have all become a cult they do not want a new face to take over, well we d fans in other parts of d planet r appealing to fans in England first n others in neighboring countries to boycott matches till d end of d season then an oil block money that loves football, n has a winning mentality will buy our beloved Arsenal.

The deal, which was signed by the immediate past minister of petroleum, Diezani Alison - Madueke, gave Atlantic Energy Limited a controlling 55 percent stake in the oil block.

A Federal High Court, sitting in Abuja has reversed its order revoking the oil block, OPL 245, from Shell Nigeria Limited and ENI.

Against this backdrop, EFCC had on January 26, got an order for the forfeiture of the oil block, OPL 245 by Shell and Eni, which is considered as the largest oil block in Nigeria.

While justifying his call for allocation of oil block to cancer treatment, he said a Mevavoltage cancer therapy machine is available for 33 million Nigerians as against four to about 200,000 Australians, adding, «most patients have little or no access to Radiation Oncology services».

Other issues include the issuance of oil blocks to the states and other stakeholders as well as the strengthening of the Niger Delta Development Commission, NDDC and the Ministry of Niger Delta Affairs.

(d) Sometime in 2009, Mobil Producing Nigeria Unlimited applied to the federal government for the renewal of three oil blocks.

The federal government ought to take a final decision on the matter so as to end the controversy surrounding the sale of the oil block.

In fact, Jenkins published in PLoS ONE that until 2008 the oil blocks crossed the boundaries of 20 areas protected to conserve biodiversity.

The oil block and 10row oil cooler is connected by high flow -10 AN fittings and lightweight XRP performance lines.

All of the oil blocks in the current licencing round overlap with environmentally protected areas, but one, the Ngaji block, is of particular concern.

It documents how the oil figures published by the Government of National Unity in Khartoum are smaller than the equivalent figures published by the China National Petroleum Corporation (CNPC), the operator of the oil blocks.

The oil block was sold in 2012 to the multinational oil companies Shell and ENI for over a billion dollars with the Nigerian government acting as a «straw man».

The UK's Proceeds of Corruption Unit has confirmed that it is investigating allegations of money laundering related to the oil block.

Etete had awarded the oil block to his own company when he was oil minister under corrupt Nigerian dictator Sani Abacha.