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Dutch Court rules against Shell over oil spills in Niger Delta (UPDATED)
The Court of Appeal in the Hague, Netherlands has ruled that the Royal Dutch Shell and the Shell Petroleum Development Company of Nigeria Limited, are liable to to pay compensation for oil spills in the Niger Delta.
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Buhari replaces service chiefs
Nigeria’s President Muhammadu Buhari on Tuesday announced the replacement of Nigeria’s service chiefs.
In the statement announcing their replacement, Femi Adesina said Buhari has accepted the immediate resignation of the Service!-->!-->!-->…
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FG begins audit of tank farms
The Federal Government has established “a technical group to audit Oil Tank Farm Safety and Management” in Nigeria with a view to mitigating disasters arising from explosions especially in the Southwest and South South.
This was as the!-->!-->!-->…
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FG will use oil, gas revenue to stimulate growth in other sectors — Buhari
...As Minister, DPR Director commit to deepening petroleum investment
President Muhammadu Buhari, on Thursday, pledged to continue the Federal Government’s economic diversification through the utilisation of oil and gas revenues.
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Italy prosecutors ask for JPMorgan documents to be admitted in Eni, Shell OPL 245 case
Italian prosecutors asked a Milan Court on Wednesday for documents sourced from U.S. bank JPMorgan to be filed as part of a corruption trial over the acquisition of an oilfield in Nigeria by Eni and Shell. The long-running graft case!-->…
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Kyari Mourns Festus Marinho, Pioneer MD of NNPC
…Says His Achievements Will Be Beacon of Inspiration for Generations
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has lamented the death of the pioneer Managing Director of the!-->!-->!-->…
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Total keen on project despite insurgency
Despite the armed insurgency that has been plaguing Mozambique since 2017, Total intends to continue its major gas project there. It trusts the authorities to ensure its safety, in return for a solid financial contribution.
Since 2017,!-->!-->!-->…
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TMC to supply topside compressors to Bonga Main FPSO
TMC will deliver an offshore compressed air system consisting of three large compressors and control system to the Bonga Main FPSO, which is located 120 km southwest of the Niger Delta, in a water depth of more than 1000 m.
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Lekoil loses board fight with major shareholder
Shareholders of London-listed Nigerian oil company Lekoil voted on Friday to approve an investor’s bid to add three members to the company’s board, in the culmination of a bitter dispute between its founder and its biggest shareholder.
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Lekoil Responds to Press Speculation
Lekoil, the oil and gas exploration and production company with a focus on Nigeria and West Africa, notes the recent local press speculation in relation to a letter received by the Company from the Honourable Minister of State of Petroleum!-->…
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