Court adjourns $407m suit against Shell, Agip to November 15
A Federal High Court, Lagos has adjourned hearing in the $406.8 million suit filed by the Federal Government against Shell Western Supply & Trading Limited over crude oil shipment to November 15.
NNPC, NAPIMS compel firms to fund projects in North East
The National Petroleum Investment Management Services (NAPIMS), an arm of the Nigerian National Petroleum Corporation (NNPC), has directed operators in the petroleum...
Shell shutters Europe's largest refinery after fire
The British-Dutch oil giant Shell said it was temporarily shutting down Europe's biggest refinery after a pre-dawn fire broke out at a power station on the vast site on Sunday.
Shell shuts down key supply pipeline in Nigeria
Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria's restive south because of a leak.
IOCs’ N4.3 trillion oil assets up for grabs in two years
International Oil Companies (IOCs) are expected to relinquish interest in over $12 billion (N4.3 trillion) oil blocks, which are expected to expire between 2017 and 2019.
NLNG amendment act: The needed truth
The foreign NLNG J/V partners namely; Shell, Elf, Agip were solidly behind Nigeria in achieving a successful financial close that made taking the FID possible.
Niger Delta Communities Demand Stake in Ex-Shell Oil Block
A group of communities in Nigeria’s Niger River delta demanded a stake in an oil block it said it was promised when Royal Dutch Shell Plc sold its share to a local company six years ago.
Nigeria receives $3.7bn revenue in taxes, royalties
The Nigerian Government is said to have received the sum of $3.7 billion in taxes and royalties, from Anglo-Dutch Shell Group.