Yenogoa – The Federal High Court Yenogoa has fixed for May 26 ruling in a case instituted against the federal government by six human rights lawyers for the people of the Niger Delta to control their resources.

Port Harcourt – The Niger Delta Catholic Bishop’s Forum has decried the poor management of the revenue accruing from oil and gas in the region explaining that the money from the resources has not impacted on the economic and human development of the people.

ABUJA – PRESIDENT Goodluck Jonathan yesterday approved the immediate extension of the tenure of the incumbent Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Mr Augustin Oniwon, beyond April 2011.

AIM-listed Bowleven has halted drilling and sealed its Sapele-1 wildcat offshore Cameroon after it encountered a high-pressure gas reservoir in the Cretaceous.

A study a study of the global anti_corruption group Transparency International, TI, estimates that the average yearly value of illicit global oil trade from 2003 to 2010 was $10.8 billion and the major primary sources of the illicit oil includes Saudi Arabia, Russia, Nigeria, Angola, and Iraq.

In a bid to put to rest the reported kerosene scarcity being experienced in some parts of the country, the Nigerian National Petroleum Corporation, NNPC, through its subsidiary the Pipelines and Products Marketing Company Limited, PPMC, has injected 50 million additional litres of Household kerosene into the market.

FOLLOWING recent cases of kerosene explosion in some parts of the country, the federal Government through the Department of Petroleum Resources has announced the sale of contaminated kerosene around the country.

The management of the Nigerian National Petroleum Corporation, NNPC, has advised Nigerians to buy their House Hold Kerosene, HHK, from the NNPC Retail outlets and other officially approved selling points to avoid being victims of kerosene explosion.

ABUJA – The Nigerian Extractive Industries Transparency Initiative, NEITI, has rapped the Nigerian National Petroleum Corporation’s method of paying itself subsidy for importation of petroleum products, before it remits monies from sale of domestic crude to the Federation account.

WARRI – THE lead federal government agency in charge of oil spill management in the Nigerian Petroleum Sector, the National Oil Spill Detection and Response Agency, NOSDRA, has dragged the Pipelines and Product Marketing Company Limited, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, to the Federal High Court, Asaba, Delta state, for refusal to carry out clean-up exercise and declining to pay a One million naira (N1,000,000.00) sanction slammed on her for defaulting.