Royal Dutch Shell Plc won a ruling preventing London courts from enforcing a $516 million Nigerian judgment for damages caused by an oil spill almost five decades ago.
Equatorial Guinea has preliminarily awarded nine blocks in its EGRonda 2019 licence round, announcing the results at the Gas Exporting Countries Forum (GECF) under way this week in Malabo.
Nigeria loses 138,400 barrels per day of crude, around 7% of its total production, to theft, spills or shut-in production, according to a report from the Nigerian Extractive Industries Transparency Initiative (NEITI).
Four crew members have been kidnapped from a Greek oil tanker off Togo, following the seizing of nine sailors from a vessel carrying gypsum on November 2 off Benin.
Nigerian President Muhammadu Buhari has set out a plan of passing legislation overhauling the country’s hydrocarbon industry by the end of 2020.
Nigeria’s Seplat Petroleum has reached an agreement to acquire Aberdeenshire-headquartered Eland Oil and Gas for more than £380 million.
Aberdeenshire-headquartered Eland Oil and Gas has hailed first production from one of its key projects in West Africa.
Oil giant Shell has defeated the latest legal bid by thousands of Nigerians to have their damages claims over pollution dealt with by the English courts.
A group of communities in Nigeria’s Niger River delta demanded a stake in an oil block it said it was promised when Royal Dutch Shell Plc sold its share to a local company six years ago.
Oil giant Schlumberger has signed an agreement to develop the Anyala and Madu fields under oil mining licences (OML) 83 and 85, offshore Nigeria.
A new militant group is threatening to carry out attacks on oil companies in the Niger Delta, a news report said.
Nigerian troops have destroyed 80 illegal oil refineries in the Niger Delta in the last 10 days, a military spokesman has claimed.
Aberdeen based independent oil and gas company Eland has produced more than 150,000 barrels of oil equivalent (boe) so far this month from its West African well.
Nigeria has started paying cash stipends to former militants again in an effort to stop attacks on oil pipelines that have lowered production and dented the country’s economics, a news report said.
Oil firms in Nigeria have sacked an estimated 3,000 workers, according to union officials in the country.
The Niger Delta Avengers have claimed responsibility for an attack on a Chevron oil pipeline.
Gunmen have kidnapped a Romanian engineer in the Niger Delta, according to reports.
The Nigerian Navy arrested four alleged Niger Delta crude thieves, after being tipped off by children.
Militants are said to have blown up a crude oil pipeline operated by Nigeria's state oil firm NNPC in the Niger Delta.
A gas pipeline operated by Nigeria's state energy company has been attacked by men disguised as maintenance staff, according to local police.
Following months of oversupply, the oil market has now found an unlikely “friend” in the form of militant activity. Last month saw unplanned outages reaching a record high as attacks from Niger Delta Avengers hit major global oil suppliers and Canada saw an estimated 1.2 million barrels a day knocked offline due to forest fires in Alberta.
Militants have launched new attacks in the Niger Delta with President Muhammadu Buhari cancelling a long-awaited visit to the region.
Amnesty International has said oil giant Shell must not be allowed to “palm off its responsibility” for past spills in the Niger Delta region of Nigeria.
Shell's Nigerian country chair said recent attacks by terrorists in the country had contributed to a "significant decline" in production levels.
Eland Oil & Gas posted record production in the Niger Delta, according to its latest financial results.