We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 6-Militants launch attacks in Niger Delta as Buhari cancels visit

Thu, 02nd Jun 2016 22:47

(Adds Niger Delta Avengers statement, paragraphs 6-7)

By Tife Owolabi and Ulf Laessing

BODO/ABUJA, Nigeria, June 2 (Reuters) - Militants launchednew attacks in the Niger Delta on Thursday, vowing to bringNigeria's struggling oil industry to a total halt, and thepresident cancelled a long-awaited visit to the region.

The army said militants killed six people on Wednesday whenthey ambushed a boat belonging to state oil firm NNPC in theWarri area.

Separately, the Niger Delta Avengers group said it hadattacked two crude pipelines operated by Italy's ENI.

"At about 2:00 am today @NDAvengers blew up the Ogboinbirito Tebidaba and Clough Creek to Tebidaba Crude Oil pipelines inBayelsa State," the group said on Twitter.

"This is in line with our promise to all international oilcompanies and indigenous oil companies that Nigeria oilproduction will be zero."

But the NDA said in a statement late on Thursday that it wasnot responsible for the boat attack.

"Killing of sleeping soldiers is not our style," the NDAsaid in an emailed statement.

The Avengers group has claimed responsibility for otherrecent attacks on Chevron and Royal Dutch Shell facilities. A wave of such attacks have helped drive thecountry's oil output to a 20-year low.

Nigerian President Muhammadu Buhari cancelled at the lastminute a visit planned for Thursday to the Delta, source of mostof Nigeria's crude.

Vice President Yemi Osinbajo made the trip in Buhari's placeto launch a cleanup programme in an area badly hit by oilspills, vowing to work with community leaders to end militantattacks.

POVERTY AND POLLUTION

No reason has been given for the cancellation of what wouldhave been Buhari's first visit to the region since taking officea year ago. Western allies and local officials have told theformer military chief that he needs to address poverty and oilpollution in the Delta to stop unrest.

"We are determined to put right the wrongs of the past,where the people of this land were treated unfairly and theenvironment unduly polluted and degraded," Osinbajo said in aspeech in the town of Bodo in the polluted Ogoniland area.

"The cleanup of this land will require change on the part ofall those who deal with the Niger Delta environment -particularly the oil companies and our communities," he said.

The Avengers have accused Buhari, a Muslim from northernNigeria, of ignoring the problems of the predominantly ChristianDelta.

Achim Steiner, executive director of the U.N. EnvironmentProgramme, joined Osinbajo at the ceremony. He said the cleanup"cannot happen overnight" but he hoped the government, oil firmsand locals could work together to reduce pollution. (Additional reporting by Felix Onuah in Abuja, Seun Sanni inLagos, Anamesere Igboeroteonwu in Onitsha and Ernest Scheyder inHouston; Writing by Ulf Laessing and Alexis Akwagyiram; Editingby Andrew Roche and Peter Cooney)

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

Read more
21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

Read more
15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.

Read more
7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".

Read more
31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Read more
31 Jan 2022 07:48

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

Read more
28 Jan 2022 11:25

Shell's renewables boss steps down after less than two years

* Elisabeth Brinton leaves for new role, she says* Shell creates two new renewables leadership roles* Thomas Brostrøm to head renewables generation* Steve Hill to head energy marketingBy Ron BoussoLONDON, Jan 28 (Reuters) - Shell's head of renewable...

Read more
27 Jan 2022 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
26 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

Read more
26 Jan 2022 14:36

China's Sinopec awards fewer cargoes in recent LNG tender

By Chen Aizhu and Marwa RashadSINGAPORE/LONDON, Jan 26 (Reuters) - Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 del...

Read more
26 Jan 2022 12:16

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

Read more
26 Jan 2022 09:33

UPDATE 2-Commodity, bank stocks lead FTSE 100 higher; Playtech drops

* Oil and banking shares top gainers* Wizz Air reports Q3 loss, expects improvement in spring* FTSE 100 up 1.3%, FTSE 250 add 1.1% (Updates to market close)By Shashank Nayar and Ambar WarrickJan 26 (Reuters) - London's FTSE 100 rose on Wednesday wit...

Read more
26 Jan 2022 09:12

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

Read more
25 Jan 2022 21:13

UPDATE 1-U.S. awards 13 mln barrel exchange of crude from strategic reserve

(Adds details on sale, background on 50 million barrel SPR plan)WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to ...

Read more
25 Jan 2022 20:10

U.S. awards exchange of 13 mln barrels of crude from strategic reserve

WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to seven companies.The companies are Shell Trading US, 4.2 million ...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.