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…
Nigerian oil firms to be required to supply 483,000 bpd to local refineries
Dec. 29, 2023 Nigerian oil producers will be required to supply 483,000 barrels per day (bpd) to local refineries in the first six months of 2024, new regulations showed on…
Eni suspends World Bank arbitration in Nigeria oilfield dispute
Nov 21, 2023 Italian oil company Eni has temporary halted arbitration regarding an oilfield dispute with the Nigerian government, buying time to discuss the conversion of a licence from prospecting…
Amid gas scramble, Africa leads a boom in nimble export facilities
October 20, 2023 Africa is at the forefront of a global wave of new floating gas facilities as countries on the continent seek to meet surging demand in Europe as…
Oloibiri Museum: Court adjourns suit seeking to stop project until Oct 19
Oct. 9, 2023 The Ogbia High Court sitting in Yenagoa on Monday adjourned a suit seeking to stop work on the Oloibiri Museum and Research Centre, at Otuabagi in Ogbia…
Eni to sell Nigerian oil and gas unit NAOC to Oando
September 4, 2023 Italian energy group Eni signed on Monday an agreement to sell its unit Nigerian Agip Oil Company (NAOC) to Nigerian counterpart Oando, the group said in a…
Shell Nigeria investigates possible Trans Niger oil pipeline leak
August 21, 2023 Shell Plc’s local unit is investigating a possible leak on its Trans Niger oil pipeline that traverses Bodo community in Nigeria’s River state following an Aug. 18…
Nigeria’s Forcados crude oil exports have resumed – Shell
August 15, 2023 Exports of Nigeria’s Forcados grade of crude oil resumed on Sunday, a Shell spokesperson said on Monday, roughly a month after loadings of the medium sweet grade…