Energy

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  Shell accepts full liability for two massive oil spills in Ogoniland

  Shell faces a bill of hundreds of millions of dollars after accepting full liability...

  • Posted August 3, 2011
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  Nigeria’s Oil, Gas Reserves Declining at About 12% a Year

  Nigeria’s oil and gas reserves are declining at as much as 12 percent a...

  • Posted August 1, 2011
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  Afren’s chairman Egbert Imomoh appointed SPE president

  Afren’s chairman Egbert Imomoh will become president of the Society of Petroleum Engineers (SPE)...

  • Posted August 1, 2011
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  Oando investing N75 billion in the development of gas plants in Nigeria

  The Group Managing Director of Oando Plc, Mr. Wale Tinubu, has said the company...

  • Posted July 28, 2011
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  Petrobras Won’t Need Additional Debt in a Decade, CFO Says

  Petroleo Brasileiro SA, Brazil’s state-controlled oil producer, said its plan to more than double...

  • Posted July 27, 2011
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  Candax Energy farms out major oil and gas exploration to Afren

  Candax Energy Inc. says it has entered into a binding agreement to farm out...

  • Posted July 26, 2011
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  Tam David-West blames problems of refineries on saboteurs

  A former Nigerian Minister of Petroleum, Professor Tam David-West, has called on the Federal...

  • Posted July 24, 2011
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  Afren prepares Africa drilling spree

  Pan-African independent Afren plans to participate in wells in wide-ranging basins offshore West and...

  • Posted July 24, 2011
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  NCDMB – Nigerian Content Development and Monitoring Board to Adopt Brazil Oil Model

  NCDMB – Nigerian Content Development and Monitoring Board has entered into a knowledge exchange initiative...

  • Posted July 22, 2011
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  Asia to Buy 49 Cargoes of West African Crude for August Loading

  Asian refiners plan to buy 49 cargoes of crude from West Africa for loading...

  • Posted July 22, 2011
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