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Tinubu to investors: Nigeria is serious with business | Our policy will be consistent

    Tinubu to investors: Nigeria is serious with business | Our policy will be consistent

President Bola Ahmed Tinubu has reiterated his commitment to ensuring consistency in policy and a better business climate to attract investment. Tinubu gave the assurance while receiving a delegation from

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Shell agrees to pay €15m settlement for oil spills in Niger Delta

    Shell agrees to pay €15m settlement for oil spills in Niger Delta

Shell Petroleum Development Company (SPDC) says it will pay €15 million to communities in Nigeria that were affected by multiple oil pipeline leaks in the country’s Niger Delta region. SPDC

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OPL 245: Italian court dismisses Nigeria’s $1.1bn compensation request against Eni, Shell

    OPL 245: Italian court dismisses Nigeria’s $1.1bn compensation request against Eni, Shell

An Italian appeal court has rejected Nigeria’s $1.1 billion compensation request against Eni, Shell, and others in a civil proceeding over the OPL 245 affair. Italian prosecutors had put the

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Residents flee as gas leaks hit Rivers community

    Residents flee as gas leaks hit Rivers community

Gas leaks from a gas facility have rocked the Sangama community in Bonny LGA of Rivers state.  The gas facility, which was said to previously belong to the Shell Petroleum

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Shell: We’re complying with court order to halt sale of Nigerian onshore oil assets

  Shell: We’re complying with court order to halt sale of Nigerian onshore oil assets

Shell Petroleum Development Company of Nigeria Limited (SPDC) says Shell Plc, its parent company, will not progress with the divestment

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OPL 245: Nigeria loses again as Italian prosecutors terminate ‘baseless’ appeal

  OPL 245: Nigeria loses again as Italian prosecutors terminate ‘baseless’ appeal

The attorney general of Italy has decided to terminate the appeal against a judgment of the Court of Milan which

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Report: ExxonMobil, Shell to enforce part of $1.8bn award against NNPC

  Report: ExxonMobil, Shell to enforce part of $1.8bn award against NNPC

A United States appeals court says Exxon Mobil Corporation and Shell Plc affiliates may enforce a part of the $1.8

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IOCs urge industry stakeholders to address oil theft in Niger Delta

  IOCs urge industry stakeholders to address oil theft in Niger Delta

International oil companies (IOCs) in Nigeria have called on stakeholders to address the existential issue of crude losses in the

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OPEC: Nigeria’s oil production dropped to 1.31m bpd in December

  OPEC: Nigeria’s oil production dropped to 1.31m bpd in December

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria recorded 1.31 million barrels per day in December 2021. This is

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Bayelsa community shuts Shell’s drilling operation, alleges exclusion from contracts

  Bayelsa community shuts Shell’s drilling operation, alleges exclusion from contracts

Residents of Opukushi, Ekeremor LGA of Bayelsa state have shut down operations at an oilfield operated by Shell Petroleum Development

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