By Abdulwahab Isa with agency report Rising costs, a surge in oil thefts and disruption in Nigeria and other negative factors hit profits at Royal Dutch...
• ‘Nigeria loses 400,000 barrels of crude oil daily’ THE Federal Government may have earned about $ 42 billion (N6,720 trillion) from the operations of the...
• ‘Nigeria loses 400,000 barrels of crude oil daily’ THE Federal Government may have earned about $ 42 billion (N6,720 trillion) from the operations of the...
British police is investigating a money-laundering allegation related to a big oil field bought by Shell and ENI spa from Nigeria for $ 1.3 billion, after...
Shell Petroleum Development Company has shut down the Trans Niger pipeline after locating another leak on the line. This is the second time in less than...
Anglo-Dutch oil group Shell said at the weekend it had resumed production after repairing a sabotaged supply pipeline in the Niger Delta. The company shut down...
The Shell Petroleum Development Company of Nigeria (SPDC) has bemoaned the crude oil theft activities that led to the recent fire and explosion on the 28’’...
The Nigerian National Petroleum Corporation (NNPC) and its subsidiary, the Nigerian Petroleum Development Company (NPDC), have expressed readiness to run some of the assets and oil...
Oil giant Shell announced Friday it may sell more of its onshore oil blocks in Nigeria, where theft and sabotage have repeatedly cut into production in...
Shell has shut a major pipeline in Nigeria after an explosion and fire in an area where oil theft has occurred, the latest such incident hitting...
DEALS for oilfields can be as opaque as the stuff that is pumped from them. But when partners fall out and go to court, light is...