Buhari flags off NLNG Train 7, seeks execution of more gas projects
June 15, 2021 President Muhammadu Buhari has flagged off the Nigeria Liquefied Natural Gas (NLNG) train 7 project, seeking its timely completion so that the Train 8 project can commerce….
We’ll Continue To Prioritise Railway System, Mobolaji Johnson station another milestone – Buhari
June 10, 2021 President Muhammadu Buhari on Thursday inaugurated the commercial operations of the Lagos-Ibadan railway project at the Mobolaji Johnson Railway Station, Ebute Metta, Lagos, and stressed that his…
Oil leak: Agip shuts down Idu Well 11 in Bayelsa
May 12, 2021 The Nigerian Agip Oil Company (NAOC) on Wednesday confirmed an oil leak from its Idu oilfields at Egbebiri settlement within Biseni in Yenagoa Local Government Area in…
Transcorp acquires 45% OML 17 from Shell, Total, ENI
Heirs Holdings (HH) an affiliate of Transnational Corporation of Nigeria Plc (Transcorp) has acquired 45 per cent participating interest in Nigerian oil licence OML 17 from Shell Petroleum, Total and…
Eni declares force majeure as explosion cuts production by 30,000 barrels
Eni declared force majeure on exports of Nigerian Brass River crude oil following pipeline explosions in Bayelsa state, the company said on Tuesday. The implication is that Nigeria will lose…
Italy prosecutors seek jail term for Eni, Shell executives in Nigeria case
Italian prosecutors in a Milan court have asked for oil majors Eni and Shell to be fined 900,000 euros ($1.04 million) each and sought to confiscate a total of $1.092…
Eni, Shell aware of bribes in Nigeria case – Italy Prosecutor
Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would go in corrupt payments to politicians…
Nigeria loses as English court throws out Shell-Eni OPL 245 bribery case
An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute over the OPL 245 oilfield popularly called Malabu…
African govts, the judiciary must protect workers, oil companies from ill-intent legal actions due to COVID-19 – AEC
The African Energy Chamber, AEC, is calling on African governments and the judiciary to take actions to shield oil and gas companies and their workers from lawyers trying to…
Malabu oil: Nigeria’s Aliyu Abubakar risks InterPol arrest for alleged role in $500m bribery
Detectives working on the popular Malabu oil deal in which Shell and Eni were alleged to have bribed Nigerian government officials with $500m in cash are pushing for Interpol to…