A Scottish oil worker kidnapped by gunmen in the oil-rich Niger Delta region has been freed.
Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African country’s government said in a London lawsuit that it believes a handful of executives, including CEOs, were tied to more than $1billion in bribery payments.
A major military operation has been launched to rescue a Scottish oil worker who was kidnapped by gunmen in the restive, oil-rich Niger Delta region.
A Scottish worker has been kidnapped from an oil rig in Nigeria, according to a news report.
A new report alleges that Shell and Eni benefited ‘at the expense’ of the Nigerian people in a generous military-style contact in 2011.
An Aberdeenshire subsea excavation company has wrapped up its first project in Nigeria and established a base in the West African country.
Strong financial results have caused Aberdeenshire-based Eland Oil and Gas to look at doubling production once again in 2019 after doing it last year.
Fresh from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy’s addiction to oil: win a lasting peace in the crude-rich Niger River delta.
A retired Swiss oil executive who previously said he had knowledge of illicit dealings over a Nigerian oil block involving Royal Dutch Shell Plc and Eni SpA reversed his statements at a trial in Milan Wednesday.
More than 50 people are missing after a leaking oil pipeline exploded and caused a stampede in southern Nigeria, local officials say.
Anglo-Dutch energy giant Shell said today that it faced criminal charges over the purchase of a Nigerian oilfield in 2011.
A two-decade fight over whether Royal Dutch Shell contributed to the execution of nine Nigerian oil-industry critics has landed at the company’s doorstep.
Nigeria is the largest economy in Africa and one of the most popular sub-Saharan states to have received foreign investment from European, US and Chinese investors over recent years. It is one of the world’s larger oil producing countries, with daily production of nearly two million barrels, more than twice that of the UK. It has been a member of the Organisation of Petroleum Exporting Countries (OPEC) since 1971.
Nigeria’s main opposition presidential candidate, Atiku Abubakar, said he’ll sell the state oil company, which he called a “mafia organization,” and attract private investors to drive economic growth and create jobs if he wins office next month.
Many people are feared dead after an oil tanker overturned and exploded in Nigeria while people were scooping up leaking fuel.
The Nigerian government has filed a billion-dollar claim in a British court against oil giants Royal Dutch Shell and Eni over alleged fraud and corruption that diverted millions of dollars from the African nation.
After decades of difficulties in Nigeria over crude theft, pollution and oil-related corruption, Royal Dutch Shell Plc still feels optimistic a fossil fuel can improve life in the country.
Nigeria’s oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake on output.
A briefcase seized from a Geneva apartment two years ago could be the key to an Italian bribery case against Royal Dutch Shell Plc and Eni SpA -- if it makes it to Milan in time.
The trial of Shell and Eni executives over alleged corruption in Nigeria is expected to start in Milan today.
Subsea 7 has struck a deal worth at least £105million to provide pipelines and carry out topside modifications in Nigeria.
Africa-focused producer Eland Oil and Gas said today that the initial borrowing base for its lending facility has been raised to $70million from $40million.
Royal Dutch Shell Plc and Eni SpA may have misled regulators in Nigeria by wrongly attributing oil spills to theft and sabotage in order to avoid paying compensation to affected communities, rights group Amnesty International said.
Shell and Eni have filed internal checks on their purchase of a Nigerian oil field in the US, a news report said.
The start date for the trial of Shell and Eni executives over alleged corruption in Nigeria has been postponed until May 14, a news report said.