By NJ Ayuk, Executive Chair, African Energy Chamber (www.EnergyChamber.org) Nigeria has been attracting the world’s attention in recent months for…
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NIGERIA: Shell to pay $400 million for Rivers State oil spill in 1970
The Supreme Court of Nigeria has just upheld DE Schell’s 2010 conviction for the oil spill it caused in Rivers…
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Nigerian Supreme Court Upholds Oil Spill Award Against Shell
(Bloomberg) — Nigeria’s Supreme Court dismissed an application by Royal Dutch Shell Plc’s local unit to review a $467-million award…
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Supreme Court rejects Shell’s request to vacate N17b judgment on 1970 oil spill
Eric IKHILAE, Abuja The Supreme Court yesterday dismissed an application by Shell Petroleum Development Company of Nigeria Limited seeking to…
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Coalition urges World Bank group not to protect oil giants
A World Bank affiliated group may scuttle Nigeria’s bid to successfully prosecute illicit funds associated with the controversial OPL 245,…
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Funder Claims Eni Doc Bid In Offshore Oil Fight Is Retribution
Law360 (November 19, 2020, 9:16 PM EST) — A litigation funder claimed Wednesday that Eni’s petition for it to turn…
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British court says Nigeria’s lawsuit against JP Morgan over oil deal to go on trial
Without mincing words, the year 2020 has been an eventful one, from the coronavirus pandemic to the #EndSARS protest that…
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Nigeria case against JP Morgan over OPL 245 oil deal to go to trial
LONDON (Reuters) – A lawsuit launched by the Nigerian government against U.S. bank JP Morgan Chase, claiming over $1.7 billion…
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Analysis: Will Nigeria yield in oil deal wrestling bout with Shell and Eni?
High profile courtroom dramas involving multiple sides often have the feel of a WWE Smackdown wrestling match: titanic egos clashing…
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NCDMB, NLNG, oil firms, others oppose hike in NCDF, Commission bill –
The NCDF according to the NCDMB, is deducted from the value of oil and gas contracts awarded in the oil…
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The Confounding Case of Petro Union Oil and Gas Limited – Another P&ID-type Saga?
Ebenezer Johnson Since the commencement of the President Muhammadu Buhari-led administration in 2015, the anti-graft war has been a major…
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Nigeria: Halt Fresh Oil Licensing Processes – Ijaw Leaders Tell Buhari
Leaders of Ijaw communities in the Niger Delta region have restated their demand for the stoppage of the recently launched…
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Halt fresh oil licensing processes – Ijaw leaders tell Buhari
Leaders of Ijaw communities in the Niger Delta region have restated their demand for the stoppage of the recently launched…
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BREAKING: It makes no sense for oil to be cheaper in Nigeria than Saudi Arabia – President Buhari
President Muhammadu Buhari has proposed the scrapping of the Nigerian National Petroleum Corporation (NNPC) and Petroleum Product Pricing Regulatory Agency…
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The Evidence: Classified files shed light on JP Morgan role in ‘corrupt’ oil deal payout
by Margot Gibbs and Lionel Faull Classified documents from Britain’s financial crime agency have revealed how it allowed JP Morgan…
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Nigeria would privatise NNPC, amend royalties under draft oil reform bill, Energy News, ET EnergyWorld
LAGOS: Nigeria’s long-awaited oil reform bill would privatise the Nigerian National Petroleum Company (NNPC), amend changes to deepwater royalties made…
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CSOs seek strong legislation to back oil sector deregulation – The Sun Nigeria
Uche Usim, Abuja A consortium of Civil Society Organizations (CSOs) has urged the federal government to immediately enact appropriate legislation…
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DPR reveals 4 major areas of focus for downstream operations of oil and gas sector
The recent sharp increase in the pump price of petrol has been greeted with shock and condemnations from Nigerians, as…
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Exclusive: Nigeria’s Buhari to send long-awaited oil reform bill to Senate – sources
LAGOS(Reuters) – Nigerian President Muhammadu Buhari has signed a long-awaited oil-reform bill and it will be formally presented in the…
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EXCLUSIVE-Nigeria’s Buhari to send long-awaited oil reform bill to Senate – sources
LAGOS, Sept 23(Reuters) – Nigerian President Muhammadu Buhari has signed a long-awaited oil-reform bill and it will be formally presented…
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