WARRI – Shell Nigeria Exploration and Production Company Limited, SNPECo, has been accused of forging the result of a probe into the 2011 Bonga crude oil...
CAIRO – Anglo-Dutch Shell has agreed to sell its retail and commercial fuels activities in Egypt to the French oil giant, Total. It is, however, holding...
LONDON – Shell, BP and Statoil have said their offices were inspected on Tuesday as part of a European Commission investigation into suspected anti-competitive practices. Officials...
PORT HARCOURT – The Nigerian Navy in Port Harcourt said it had discovered and destroyed eight illegal crude oil refineries and arrested two suspected oil thieves....
……Vows to resist fuel price hike ABUJA: The Nigeria Labour Congress (NLC) on Sunday warned the Federal Government not to compound the crises of insecurity, unemployment...
ABUJA – The Nigerian Extractive Industries Transparency Initiative, NEITI, has said that only an automated process that is devoid of human elements would guarantee the effective,...
ABUJA – The House of Representatives, Monday, ordered the Nigerian National Petroleum Corporation, NNPC, to pay N236 billion to the treasury of the Federal Government within...
NAIROBI – Tullow Oil Plc, the operator of Block 10BB in Kenya, has commenced drilling at the Etuko (formerly Kamba) prospect. Africa Oil Corporation announced this...
…To commence site clearing of Ogidinbge gas industrial park ABUJA – The Nigerian National Petroleum Corporation, NNPC has outlined a comprehensive gas infrastructure development programme projected...
LONDON – Landmark legislation intended to reform Nigeria’s oil sector is set to introduce harsh fiscal terms that could deter $109 billion worth of new investment...
