Anglo-Dutch supermajor Shell is likely to face ‘tens of millions’ of dollars in bills as it prepares for settlement talks…
Browsing: Oil
Shell has shut-in a flowstation in Nigeria following damage to two pipelines. Investigations are still on after the leaks were…
Canada’s Simba Energy is eyeing “significant oil and gas discoveries” as it snaps up an exploration block in Kenya. The…
Port Harcourt Refining Company has said it recorded drastic reduction in pipeline vandalism and adulteration of petroleum products in its…
Nigeria’s surging crude oil production recorded a halt today after Shell Petroleum Development Company (SPDC) said it had to shut…
Sudanese officials have described recent claims by counterparts in recently annexed South Sudan that the two have reached a new…
The Department of Petroleum Resources (DPR) has introduced offshore safety permit to ensure adequate protection of oil and gas workers.…
The Nigerian Content Development and Monitoring Board (NCDMB) has released a directive barring oil and gas operators and contractors in…
THREE of the international oil companies operating production sharing contracts, PSCs with the Federal Government through the Nigerian National Petroleum Corporation, NNPC have dragged the later before arbitration seeking restitution over alleged scandalous crude oil grab denying them revenues in excess of $8 billion.
Iran’s parliament approved President Mahmoud Ahmadinejad’s candidate as Oil Minister on Wednesday, putting a military commander who is under international…