Oil and Gas

Shell to rest operation on Nigeria’s onshore oil after 86 years

SHELL Plc has agreed to sell its Nigerian onshore oil and gas subsidiary to a consortium of local companies...

Implications of Shell divestment from Nigeria’s oil business – Experts

ANALYSTS have said that SHELL's exit from the Nigerian onshore oil business will attract varying consequences for indigenous firms...
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Atiku faults NNPCL’s plan to hand over ‘rehabilitated’ port harcourt refinery to private firms

THE former vice president of Nigeria, Atiku Abubakar, has faulted the move by the Nigerian National Petroleum Company Limited,...

SERAP sues NNPCL over failure to account for Nigeria’s daily oil production, revenues

THE Socio-Economic Rights and Accountability Project (SERAP) has sued the Nigerian National Petroleum Company Limited (NNPCL) for its alleged...
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PH refinery ‘technically completed’, begins production after Xmas – FG

THE Nigerian government's huge spending on foreign exchange for fuel importation will drop as the Federal Government has announced...

Reps to probe $60bn revenue loss to NNPCL JV agreements

THE House of Representatives has resolved to probe the loss of over $60 billion in revenue due to inflated...
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