Nigeria has filed a new challenge to the case brought against it by Process and Industrial Developments (P&ID), over a failed gas project in Calabar.
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.
Nigerian security forces have mounted an intensive search for pirates who raided an oil super tanker off it’s coast and seized 19 crew members but have so far not made any contact with the hostage takers, the West African country’s maritime agency said.
A VLCC offshore Nigeria has been attacked and 19 crewmembers seized. This appears to be the first time such a ship has been targeted in this region.
The Gas Exporting Countries Forum (GECF) has wrapped up in Malabo, bringing to a close a global discussion on the use and development of gas.
Nigeria’s former attorney general Mohammed Adoke has been arrested in Dubai, according to his lawyer Mike Ozekhome in comments to Reuters.
It has been a long time coming, but Savannah Petroleum has completed its acquisition of Seven Energy, broadening its focus from Nigerien exploration to including Nigerian production.
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).
Nigeria and Angola are coming to terms with the regulatory and legal demands of decommissioning, with scope for knowledge transfer from more mature regions.
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.
Africa Oil will go it alone in the acquisition of stakes in major fields offshore Nigeria after its partners, Delonex Energy and Vitol Investment Partnership, both withdrew.
A new bill increasing taxation on Nigeria’s oil industry would drive a decline in deepwater production of around 20% by 2023, industry group Oil Producer Trade Section (OPTS) has said.
Seplat Petroleum’s production slipped during the first nine months of 2019 versus the same period in 2018, although profit increased substantially.
A number of African states are in the process of visiting Sochi, largely in the hope of signing deals for new investment.
Eni has begun producing gas and condensate from its Obiafu 41 find, with output going to the domestic power market.
The Nigerian government is said to be seeking the arrest, via Interpol, of two directors from Process and Industrial Developments (P&ID), an Irish company with which it is locked in a legal battle.
Nigerian President Muhammadu Buhari has set out a plan of passing legislation overhauling the country’s hydrocarbon industry by the end of 2020.
Panoro Energy has struck a deal to sell its stake in Nigeria’s OML 113 to PetroNor E&P.
Africa’s biggest oil producer is trying to get its refineries working in an attempt to wean itself off imported fuel. Yet again.
Nigeria is taking steps to secure further public-private partnerships in order to develop infrastructure in the energy sector.
Nigeria is seeking to recover as much as $62billion (£50.6bn) from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
The US Department of Justice (DoJ) has ended its investigation of Eni over the OPL 245 affair and Algeria, the Italian company has said, without taking any further action.
Nigerian President Muhammadu Buhari has said the country will soon pass the Petroleum Industry Bill (PIB), various versions of which have been in the offing for more than 10 years.
The Rivers State government claims to have bought Shell Petroleum Development Co.’s (SPDC) 45% stake in OML 11, part of the Ogoniland, in execution of a legal ruling.
Losses and downtime from Nigeria’s OML 18 have reached 32% of production, San Leon Energy has reported in its half-year results.