Nigeria said it welcomes all interested countries as it seeks a combined $4 billion for rehabilitation of both Warri and Kaduna refineries, including associated pipelines. A proposal on ‘Nigeria National Petroleum Corporation Energy Infrastructure Opportunities’ presented by the Nigerian National Petroleum Corporation, NNPC to the U.S Commercial Service said the sum of $2.5 billion is […]

The company set out its plans in its annual filing with the US Securities and Exchange Commission (SEC). Total began drilling an appraisal well on Block 20/11 in January and another is planned for Block 48 this year. It bought the former block in June 2020, following the collapse of Cobalt International Energy, which had […]

The Department of Petroleum Resources (DPR) has outlined five critical levers for gas development as Nigeria moves to leverage its abundant gas resources for national growth, diversification of the economy and to use gas as the fuel for  economic transformation. A statement issued on Monday by Mr Paul Osu, Head, Public Affairs, DPR said Mr Sarki […]

The Exploration & Production arm of Shell Nigeria SNEPCO has appointed Elohor Aiboni as its first female Managing Director. The development was confirmed by one of the aides of President Muhammadu Buhari on Social media, Lauretta Onochie via her Twitter handle. She Tweeted:  Shell Nigeria Exploration and Production Company has appointed Eloho Aiboni, as its […]

The Nigeria’s oil and gas regulatory boby Department of Petroleum Resources (DPR), has said that it generated over N2 trillion in 2020. Director/chief executive officer of DPR, Engr Sarki Auwalu, who made the disclosure while delivering a keynote address at the 2021 Oloibiri Lecture Series and Energy Forum, organised by the Nigeria Council, Society of Petroleum […]

Sequel to previous announcement made on 18 February 2021, ADM Energy PLC, a natural resources investing company, has announced that it has conditionally agreed to invest in the development of the Barracuda oil field in OML 141, an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria.  The investment will be made by […]

A Nigerian court rejected Royal Dutch Shell Plc’s bid to overturn an order restricting access to the company’s bank accounts in the West African country, a spokesman said and reported by Bloomberg Aiteo Eastern E&P Co. obtained an injunction from a federal court in Lagos on Jan. 25 directing Shell and multiple Nigerian banks not […]

A crude production flow station operated by Conoil Production at Ango field in Koluama, Southern Ijaw Local Government Area of Bayelsa, has been shut by the host community according to the nation’s Daily Trust. The News Agency of Nigeria (NAN) has reported that the oil workers at the onshore facility connecting oil wells within the […]

Royal Dutch Shell has recently revealed that the volume of crude oil spills caused by sabotage in Nigeria’s oil-rich Delta dropped by 40% in 2020 to 1,400 tonnes as reported by Reuters. The revelation is coming not too long after the appeal court judgment passed on Shell Nigeria operations as regards to environmental pollution caused […]

The Nigeria government resilient commitment pursuit to effect maximum utilization of its nation’s abundant natural gas is evidently coming to the fore. The recent and major gas investment stride is the award of License to Establish (LTE) for the first Floating LNG production plant issued to an indigenous company UTM Offshore Limited by the Director/CEO […]