… Debts were from fuel imports from three years ago … Outstanding debt is still $1.7 billion LONDON – Nigeria has repaid $1.4 billion in mostly...
LAGOS – Royal Dutch Shell has reopened the Trans Niger Pipeline after repairing a valve point and removing oil theft connections, it said on Friday, but...
HOUSTON – Chevron U.S.A. is planning to build a new downtown skyscraper for its growing Houston workforce The energy giant said this morning it will build...
LAGOS – The National Union of Petroleum and Natural Gas Workers, NUPENG, begins today (Monday) a nationwide three-day warning strike over, among others things, perceived unfair...
TORONTO – Canada’s Conservative federal government will, in future, require existing and new pipeline companies to have at least $1-billion financial capability on hand to cover...
LONDON – Africa Oilfield Logistics will look to acquire business with a focus on the oilfield services and logistics support industry following its successful listing on...
By Joseph BAMIDELE PORT HARCOURT – The Shell Petroleum Development Company (SPDC) has announced that a joint team is due to conduct an investigation into the...
ABUJA – The Shell Petroleum Development Company of Nigeria Ltd (SPDC) as operator of the Nigerian National Petroleum Corporation (NNPC)/SPDC joint venture (SPDC JV) today announced...
LAGOS – Lead indigenous petroleum marketing operator in Nigeria oil and gas industry, Forte Oil Plc formally known as African Petroleum (AP) is set to commence...
ABUJA – Nigeria’s oil revenue fell 5 percent in May to N590.7 billion, compared with N621 billion the previous month. Office of the Accountant General, blames...