Nigeria crude production hits 1.476mbp/d, highest in 3 years
Nigeria’s oil production is steadily rising, hitting 1.476 million barrels per day (bpd) in February, the highest in more than three years, OPEC data showed, as the military and private…
Shell faces calls to safely decommission old assets before Nigeria exit
March 6, 2024 Nigeria needs to ensure that Shell safely dismantles its old infrastructure or pays to remove them from the Niger delta before its exit, says a report on…
Oil majors seek arbitration in gas dispute with Dutch state
February 14, 2024 Shell and ExxonMobil have asked an arbitration court to decide whether the Dutch state should compensate them for the ending of gas production at the large Groningen…
TotalEnergies looks to exit Nigerian onshore oil, following Shell
February 9, 2024 French energy giant TotalEnergies is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell’s, divestment last month, CEO Patrick Pouyanne…
Shell agrees to develop Nigeria gas field for Dangote fertiliser
Feb. 5, 2024 Shell Plc has made a final investment decision to build a gas supply facility in Nigeria to feed a fertiliser plant owned by Africa’s richest man Aliko…
Nigeria seeks to resolve disputed oilfield issues, denies criminal liability
January 31, 2024 Nigeria wants to resolve outstanding issues around the disputed OPL 245 oil block as it seeks to attract investment to its oil and gas industry and has…
Nigeria approves Shell’s decision to sell oil assetÂ
Jan 19Â 2024 Nigeria backs Shell’s decision to sell its onshore oil and gas assets, Heineken Lokpobiri, minister of state for petroleum said on Thursday, and will give the necessary…
Shell to exit Nigeria’s onshore oil after nearly a century, to sell subsidiary for $2.4bn
January 16, 2024 Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of…
NOSDRA says planning a Joint Investigation visit next Tuesday as Bayelsa community reports ‘mystery’ oil spillÂ
Jan 10, 2024 Foropa, a fishing settlement along the Atlantic coastline in Southern Ijaw Local Government Area of Bayelsa, has reported a ‘mystery’ oil spill that left the coastline polluted….
Supreme court says Shell’s appeal should be heard after oil spill claim
January 5, 2024 Nigeria’s Supreme Court on Friday ruled that Shell should be granted a hearing over an alleged oil spill in the Niger Delta after the Court of Appeal…