Is This The World’s Most Exciting Oil Discovery?
After very promising results on their first well in Namibia’s giant Kavango basin, global attention has turned to this small Canadian explorer as it drills its second well in a Continue Reading
Nigeria: Shell, AGIP, Heritage Record Highest Oil Spillage in Nigeria
Boats in Bodo Creek in 2011. A total of 30 oil companies spilt 41,216 barrels of oil in Nigeria between 2019 and May this year. Between January 2019 and May Continue Reading
Nigeria: 52 Million Crude Oil Barrels Lost to OPEC Cuts – NNPC
Nigeria lost at least 52 million barrels of crude oil between May and December 2020 to COVID-19-induced compulsory supply cuts imposed by the Organisation of Petroleum Exporting Countries (OPEC), according Continue Reading
Ghana to Lose U.S.$8.4 Billion Revenue If ENI, Springfield Fail to Unitise Fields … IES Study Reveals
A study conducted by the Institute for Energy Security (IES) has revealed that the country is likely to miss a huge opportunity to rake in billions of dollars from the Continue Reading
Nigeria: Navy Blames NNPC Over Theft of 200,000 Barrels of Crude Oil
The Nigerian Navy yesterday exonerated itself from the loss of 200,000 barrels of crude oil to pipeline vandalisation and illegal refineries, even as it blamed the Nigerian National Petroleum Corporation Continue Reading
Nigeria: Shell to Offload Onshore Nigerian Oil Assets in Bid Move to Cleaner Energy
Shell’s divestment could deal a fresh blow to the fiscal plan of the Nigerian government, about 90 per cent of whose revenue comes from oil, as it rebalances from the Continue Reading
Nigeria in Talks With Shell Over Onshore Divestment Plans
Nigeria is encouraging Royal Dutch Shell Plc to keep its onshore oil and gas business in the country instead of divesting it, as the company seeks to focus more on cleaner Continue Reading
Shell: Nigeria Oil Operations Are Incompatible With Net-Zero Plans
Royal Dutch Shell does not see its upstream oil operations in Nigeria as compatible with its strategy to become a net-zero energy business, chief executive Ben van Beurden said at Continue Reading
Shell: Nigeria Oil Operations Are Incompatible With Net-Zero Plans
Royal Dutch Shell does not see its upstream oil operations in Nigeria as compatible with its strategy to become a net-zero energy business, chief executive Ben van Beurden said at Continue Reading
Nigeria: Govt Considers Options On Divestment Plan By Shell
The federal government is weighing some options as discussions with Anglo-Dutch oil company, Shell Petroleum Development Company, begin over its plan for total divestment from onshore operations in Nigeria. The Continue Reading