Oil prices are rising, Nigeria can’t get it together
Nigeria’s oil output has fallen the lowest in over a decade at a time some analysts are forecasting a $200 per barrel oil in the face of surging demand on account of Russian aggression and…
Browsing Tag
Shell Petroleum Development Company
Chevron, Shell, four others to pay Nigeria N253bn in February
Chevron Nigeria Limited, Shell Petroleum Development Company, Mobil Producing Nigeria alongside three other companies will remit a total of N253 billion to Nigeria government in February…
Investor strikes commercial oil, gas at Oza marginal field
London-listed and Nigeria-focused oil and gas investor, San Leon Energy has discovered a commercial quantity of crude oil and natural gas on Nigeria’s Oza oil field, after pumping cash into…
Rivers govt confiscates Shell’s Kidney Island over N57.7bn judgment debt
The Rivers State Government says it has secured the enforcement of its interest in the acquisition of 45 percent equity stake in Oil Mining Lease (OML) 11 and Kidney Island in Port Harcourt…
Shell reiterates commitment to Nigeria’s quest for energy sufficiency, power…
Shell Petroleum Development Company (SPDC) has reiterates its commitment to the Assa North Gas Project and to making it an exemplary one, particularly in Nigeria’s quest for energy…