Nigeria: Shell, Community Disagree On Spill Impact
A disagreement in the areas impacted by an oil leak on the Trans Ramos Pipeline within Shell’s oilfield at Aghoro communities in Bayelsa has stalled a joint investigation of the Continue Reading
Oil Rallies, But This Country Can’t Sell Its Crude
Thirty crude oil cargoes are sitting in Nigeria and waiting for buyers, Reuters reports, citing trading sources who added that the cargoes were part of the country’s loading schedule for Continue Reading
Nigerian oil pipeline shut because of spill
An export pipeline in the Niger Delta remained closed after a subsidiary of Royal Dutch Shell said it was responding to a release of crude oil. The subsidiary, Shell Petroleum Continue Reading
Nigeria Wasted $1 Trillion Earned in Oil Booms, Says Report
But for the recurring wastefulness of federal government, the country could have used about $1 trillion it earned from its production and sale of crude oil in five different oil Continue Reading
Shell shuts Trans Ramos pipeline feeding into Nigeria’s Forcados oil terminal
London — Oil major Shell shut-in the Trans Ramos pipeline which feeds into Nigeria’s Forcados oil export terminal, to clean up crude oil spilled from a ruptured section, it said Continue Reading
Nigeria’s State Owned Oil Company To Go Public
The Nigerian National Petroleum Corporation will float 40 percent of its stock on the local stock exchange once the President signs the Petroleum Industry Governance Bill, Nigerian media report . Continue Reading
Total To Boost Nigeria Oil Production By 200,000 Bpd
French supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of the company said at an Continue Reading
Nigeria: NNPC Seeks to Dominate Africa’s Oil Market
Africa in the next three years. The Chief Strategist at the NNPC, Mr. Bala Wunti disclosed this. Wunti, who is the Group General Manager, Corporate Planning and Strategy of the Continue Reading
Nigeria: NNPC, Chinese Consortium Meet to Finalise Term Sheet On 614km AKK Gas Line
The Nigerian National Petroleum Corporation (NNPC) and a Chinese consortium have met in Dubai, United Arab Emirate, to work towards finalising the term sheet for financing of the 614 kilometres Continue Reading
Four in a row for oil discoveries in Niger
Savannah Petroleum declares success at its latest oil exploration campaign in Nigeria. Photo courtesy of Savannah Petroleum Aug. 15 (UPI) — The latest confirmed oil discovery in a basin in Continue Reading