OIL & GAS

Oil and Gas and Energy news in Nigeria

Total Nigeria showcase at 35th NAICE-SPE Conference & Exhibition

Total Nigeria showcase at 35th NAICE-SPE Conference & Exhibition

As part of collaborative efforts with Total EP Nigeria Ltd, Total Nigeria Plc participated at the Nigeria Annual International Conference & Exhibition – Society of Petroleum Engineers (NAICE – SPE) conference and Exhibition from August 2-4, 2016 at the Eko Hotel, Lagos. Over the years, NAICE has grown to become the largest upstream Oil and Gas […]

Nestoil bags award at 2016 BusinessDay-Oval Energy Oil & Gas roundtable

Nestoil bags award at 2016 BusinessDay-Oval Energy Oil & Gas roundtable

Nigeria’s foremost Engineering, Procurement, Construction and Commissioning (EPCC) Services Company, Nestoil Ltd emerged as the Oil Service Project Manager Company of the Year at the 2016 edition of the BusinessDay-Oval Energy Oil & Gas Roundtable and Awards held at the Civic Centre, Lagos recently. Nestoil Limited outclassed other services companies nominated in the award category […]

Shell affirms signs of leak on Forcados export line

Shell affirms signs of leak on Forcados export line

The Shell Petroleum Development Company of Nigeria Limited, operator of the SPDC JV, has confirmed signs of a leak on the 48inch Forcados export pipeline at a location between shoreline and the Forcados terminal in the western Niger Delta, coming on the heels of a reported attack on the pipeline in the early hours of […]

Shell declares force majeure on Forcados offtake programme

Shell declares force majeure on Forcados offtake programme

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has declared force majeure on Forcados lifting. A statement issued by the company noted that the force majeure was declared on Sunday, following the disruption in production caused by the spill on the Forcados Terminal subsea crude export pipeline the previous day. The recovery exercise will […]

Major oil firm, MRS, owes FCMB N6.2bn – Punch

Major oil firm, MRS, owes FCMB N6.2bn – Punch

The Central Bank of Nigeria-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published their lists. The lists have the names of popular companies, whose directors are prominent Nigerians appearing among the high non-performing loan defaulters. MRS Oil & Gas, a […]

Supreme Court orders Shell to pay N30m compensation to four communities

Supreme Court orders Shell to pay N30m compensation to four communities

32 years after the oil communities have cried to the world over oil spillage in their land, the Supreme Court on Friday has finally ordered that the Shell Petroleum Development Company of Nigeria Limited to pay N30, 288,681 compensation for oil spillage in 4 communities of Delta State. The 4 communities are Obotobo, Sokebolo, Ofogbene […]

Capital Oil to release 70 million litres to ease fuel scarcity

Capital Oil to release 70 million litres to ease fuel scarcity

The Management of Capital Oil and Gas Industries Limited, has confirmed its intentions to release about 70 million litres of premium motor spirit, popularly called petrol to Nigerians in the coming days, in order to ease out the hardship meted on Nigerians during this crisis. Capital Oil has also indicated to maintain the selling price […]

No hiding place for NNPC looters – Buhari

No hiding place for NNPC looters – Buhari

For public officials and their cronies stealing the country blind through the Nigerian National Petroleum Corporation, the day of reckoning beckons. The thumping victory of Muhammadu Buhari in the March 28 presidential election was followed last week by the World Bank’s backing for his resolve to closely scrutinise the corporation. With persistence, the reign of […]

Shell Commissions $3m Centre for Environmental Management & Control at UNN

Shell Commissions $3m Centre for Environmental Management & Control at UNN

A partnership between the University of Nigeria and Shell Petroleum Development Company Joint Venture has delivered a $3m centre for the study, management and control of environmental issues at the Enugu Campus of the institution. Country Chairman of Shell Companies in Nigeria Mr Mutiu Sunmonu, represented by General Manager Sustainable Development & Community Relations, Mr […]