CERAWeek: NNPC Ltd.’s Kyari Meets IOC Chiefs, lauds President Tinubu’s EO Promoting Oil, Gas Investment in Nigeria
March 20, 2024 On the sidelines of the ongoing CERAWeek 2024 Conference taking place in Houston, United States, GCEO of NNPC Ltd., Mr. Mele Kyari, on Wednesday held an engagement…
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…
Oil theft: Original plan of impounded MT KALI vessel was to load AGO, I don’t know how it changed to crude oil – Captain explains
Jan. 14, 2024 Mr. Adeboye David, captain of the impounded MT KALI vessel in Bayelsa said that the original plan of the vessel which was on a test-run from Lagos…
Shell to invest $6bn in Nigeria oil and gas sector as Tinubu pledges support
President Bola Tinubu, on Thursday, in Abuja expressed optimism about the prospects of increased investments from Shell Petroleum Development Company of Nigeria (SPDC). He emphasized Nigeria’s long-term relationship with the…
Reps committee asks IGP to ensure Cardoso, Accountant-General, Others appear before it on December 14
December 6, 2023 The House of Representatives Committee on Public Petition has raised concern over the failure of the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, the Accountant General…
Oil leak: Shell says probe ongoing to ascertain amount of crude oil discharged from Peremabiri flow station in BayelsaÂ
Oct. 13, 2023 The Shell Petroleum Development Company of Nigeria (SPDC) has confirmed the Oct. 3 oil spill from its facilities at Peremabiri community in Southern Ijaw Local Government Area…
Shell’s EA host communities threaten shutdown of company’s operations in Bayelsa over clustering in Development Trust
Oct. 2, 2023 …As communities seek separate trust Seven communities at the Shell Petroleum Development Company (SPDC) Estuary Area (EA) in Bayelsa, have insisted on their autonomy in development matters….
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…
Tinubu to investors: No policy inconsistency under my watch
President Bola Tinubu has assured the business community of the government’s commitment to policy consistency and better business climate to attract investment. The President spoke on Monday while receiving…
Nigeria investigates Shell’s Trans Niger pipeline spill
June 27, 2023 Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of a spill on the Trans Niger pipeline that lasted several days. The 180,000-barrel-per-day pipeline…