•The protesting youths Youths from Ifie Kporo community in Warri South, Delta State, have shut down operations at the Macaraba oil field over alleged marginalisation. The protesters arrived in speedboats, demanding recognition as a host community, job opportunities for their youths and respect for their rights over Wells 24 and 25, reports Dai...
•US and Iraq flags Iraq’s oil ministry announced today that it had invited US companies to bid on an oil field which had been operated by the now American-sanctioned Russian company Lukoil for years. The oil ministry said in a statement it had taken “all necessary measures to directly and exclusively invite several major American […]...
•Tony Elumelu One of Nigeria’s most successful businessmen, Tony Elemelu, has accused former President Muhammadu Buhari of blocking his bid to acquire an oil field. Elumelu whose business interest spans across banking, power, hospitality, among others, disclosed that Heirs Holdings, his company, had been looking to purchase the oilfield since ...

