Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium...
TotalEnergies vowed to boost its business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met President Bola Tinubu in Abuja...
Nigeria’s oil production fell below 1 million barrels per day (bpd) in April, its lowest level in seven months, data from the petroleum regulator showed on...
ExxonMobil Corp. in Nigeria declared force majeure on oil liftings from several ports in the country following industrial action by the company’s in-house workers union, the...
The UK Supreme Court has ruled that oil-polluted Nigerian communities can sue Shell in English courts. The decision is a victory for the communities after a...
The price of oil has recovered to its pre-pandemic levels having hit an all-time low last year. While demand for oil is still lower than normal,...
Oil giant Royal Dutch Shell sank to a net loss of $21.7bn (£16bn) last year after the coronavirus pandemic caused demand to slump. The announcement comes...
President of Senate, Ahmad Lawan has pushed for a cost reduction in the production of crude oil by International Oil Companies operating in Nigeria. According to...
Governor Nyesom Wike of Rivers has freed 22 Exxon Mobil Corp. employees quarantined last week after their arrest for violating an order restricting movement into the...
Nigeria is seeking $62 billion from oil companies under regulations that allow the government to revisit revenue-sharing deals on petroleum sales if crude prices exceed $20...