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Shell-Eni OPL 245 Case: Nigeria makes concluding arguments in trial

Nigeria is making its concluding arguments in the ongoing mega-trial of Royal Dutch Shell, Eni and some of their most senior executives...

FG, Shell, Bayelsa State establish Oloibiri Museum, Research Center

Sixty-four years after the discovery of crude oil in commercial quantities at Oloibiri, Bayelsa State by Shell Darcy, the Federal Government working...

Shell cuts dividend to investors first time in 80 years

...Exxon posts first loss in decades Royal Dutch Shell with strong presence in Nigeria's petroleum industry upstream sub-sector through...

Price discount fails to woo buyers for Nigerian oil cargoes

No fewer than 60 cargoes of unsold Nigerian oil for April and May remained unsold on the international oil market on Tuesday...

Shell lifts force majeure on Forcados crude

...Equips 3 hospitals, provides 8 vehicles to fight coronavirus The removal of force majeure followed the reopening of the...

Covid-19: DPR issues staff reduction notice to Oil Companies

Nigeria’s Department of Petroleum Resources ordered oil and gas companies on Thursday to reduce their workforce and practice social distancing, tightening measures...

Shell cuts spending, buybacks in response to oil price slump

Shell said Monday it was cutting its capital expenditure by 20% to $20 billion and would pause its share buyback programme as...

Shell reports 41% rise in onshore Nigeria oil spills

Royal Dutch Shell’s onshore Nigeria subsidiary saw a 41 per cent rise in the number of crude oil spills due to theft...
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FG issues guidelines for operation of downstream gas facilities

The Department of Petroleum Resources, DPR, last week, released guidelines for the establishment and operations of downstream gas facilities across the country,...

FG, global oil & shipping interests review Nigeria’s maritime security strategy

The Nigerian government and the Industry Joint Working Group (NIWG) have intensified efforts to facilitate coordination between government and industry and align...

DPR sets sights on 40bn barrels oil reserve target

Sarki Auwalu, Director, Department of Petroleum Resources says Nigeria’s target of 40 billion barrels oil condensate reserve by 2025 is realistic and...

Security, Trade: Korea, Belgium pledge support for NIMASA

…Agency Committed to Safe Nigerian Maritime Domain – Jamoh South Korea and Belgium have pledged more support for the...