Scottish oil worker freed a month after Nigerian abduction
A Scottish oil worker kidnapped by gunmen in the oil-rich Niger Delta region has been freed.
Nigeria
Shell, Eni executives named in $1billion Nigeria bribery suit
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.
Military operation launched to free Scots oil worker in Nigeria
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.
Scottish oil worker kidnapped from Nigerian rig – report
A Scottish worker has been kidnapped from an oil rig in Nigeria, according to a news report.
Report alleges Shell and Eni made military-style Nigerian oil deal
A new report alleges that Shell and Eni benefited ‘at the expense’ of the Nigerian people in a generous military-style contact in 2011.
James Fisher Subsea Excavation sets up Nigeria base
An Aberdeenshire subsea excavation company has wrapped up its first project in Nigeria and established a base in the West African country.
Eland look to double production once again in 2019
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.
Nigerian oil region crisis threatens Buhari’s economic plans
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.
Witness in Shell-Eni Nigeria trial withdraws graft accusations
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.
Dozens missing after pipeline explodes in Nigeria
More than 50 people are missing after a leaking oil pipeline exploded and caused a stampede in southern Nigeria, local officials say.
Shell faces prosecution in Netherlands over Nigeria oilfield deal
Anglo-Dutch energy giant Shell said today that it faced criminal charges over the purchase of a Nigerian oilfield in 2011.
Nigerian widows give evidence against Shell over executions
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.
Oil and gas investment landscape in Nigeria
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.
Abubakar to divest Nigeria’s ‘mafia’ oil firm if he wins
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.
Oil tanker explosion kills ‘dozens’ in Nigeria
Many people are feared dead after an oil tanker overturned and exploded in Nigeria while people were scooping up leaking fuel.
Nigeria launches fraud case against Shell and Eni in UK court
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.
Shell sees gas as answer in Nigeria after decades of oil strife
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.
Shell says Nigeria attacks continue despite oil output recovery
Nigeria’s oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake on output.
The mystery of a Geneva briefcase, Nigeria middleman and big oil
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.
Shell, Eni trial over Nigeria ‘fraud’ to start in Milan today
The trial of Shell and Eni executives over alleged corruption in Nigeria is expected to start in Milan today.
Subsea 7 nets pipeline job in Nigeria
Subsea 7 has struck a deal worth at least £105million to provide pipelines and carry out topside modifications in Nigeria.
Eland frees up more cash for Opuama wells
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.
Shell, Eni ‘misled’ Nigeria on oil spills, Amnesty International says
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, Eni file in US to head off probe into Nigerian deal, report says
Shell and Eni have filed internal checks on their purchase of a Nigerian oil field in the US, a news report said.
Italian court puts off Shell, Eni trial until May, report says
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.