Minister of State for Petroleum Timipre Sylva has reiterated the Federal Government’s resolve to reduce its stake in the joint venture oil business with foreign companies in a bid to spur more foreign investment...

Royal Dutch Shell said on Tuesday that Nigeria’s claims that it was owed billions in taxes could delay the development of a major oil field off the coast of the West African nation.

The Federal Government has lost an estimated $6 billion to the controversial Oil Prospecting Licence (OPL) 245 deal, according to a recent report...

Royal Dutch Shell has said the corruption trial over a Nigerian oil deal may last several months, warning staff of continued critical media coverage in the $1.3 billion case.

Royal Dutch Shell announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations.

Nigeria’s crude oil production is expected to rise further if Royal Dutch Shell and its partners, next year, decide whether to go ahead with the development of the nation’s Bonga Southwest...

The Royal Dutch Shell laid the first crude oil pipeline in the country from the Oloibiri field to Port Harcourt on Bonny River to access export facilities.

A Federal High Court in Lagos on Tuesday adjourned until October 9, the alleged crude oil shipment brought by the Federal Government against Shell Western Supply & Trading Ltd.

Nigeria’s oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake on output. “Security in parts of the Niger delta remains a major concern with persisting incidents of criminality, kidnapping and vandalism as well as onshore and offshore piracy,” said Igo Weli, general manager for external relations…

Court of Appeal in London ruled on Wednesday that two Nigerian communities could not pursue Royal Dutch Shell in English courts over oil spills in the Niger Delta region.

Royal Dutch Shell said Thursday that a major recovery in oil prices enabled it to nearly triple profits in 2017.

Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. rigs drilling for new production fell...