Shell to Nigerian firms: Explore offshore oil & gas. Posted by By Esther Udoh May 26, 2025 Shell Nigeria Exploration and Production Company (SNEPCo) has urged Nigerian companies to strategically position themselves…
OPEC+ Plans Fresh Large Output Surge in July Posted by By Esther Udoh May 23, 2025 OPEC+ is considering a third straight oil production increase for July, potentially raising output by…
Shell Emphasizes Benefits of Offshore Investment for Nigerian Industry Posted by By Esther Udoh May 23, 2025 Shell Nigeria Exploration and Production Company (SNEPCo) has emphasized the potential benefits for Nigerian companies…
Dept. of Interior Reports Major Oil and Gas Discoveries in Western U.S. Posted by By Esther Udoh May 22, 2025 The U.S. Department of the Interior announced a new USGS assessment identifying 473 million barrels…
Russia Seizes Oil Tanker Departing from Estonia, Report Alleges Posted by By Esther Udoh May 20, 2025 Russia detained the Liberian-flagged oil tanker Green Admire, owned by Greece’s Aegean Shipping, as it…
Nigeria Tops Shell’s Government Payments Posted by By Esther Udoh May 20, 2025 In 2023, Shell PLC paid a total of $28.1 billion to governments in 24 countries…
Renaissance Africa Exceeds Oil Target by 40% Posted by By Esther Udoh May 19, 2025 Renaissance Africa Energy Company Limited announced it exceeded its oil production target by 40% in…
Meren Energy Inc. Issues Statement on Oil Production Developments in Nigeria Posted by By Esther Udoh May 16, 2025 Africa Oil, soon to be renamed Meren Energy Inc., has provided an update on its…
Nigeria Develops Oil Investment Profitability Strategy – Lokpobiri Posted by By Esther Udoh May 16, 2025 Nigeria is working to create a more investment-friendly oil and gas sector by improving fiscal…
Nigeria: Exxon invests $1.5B to Deepwater Development Posted by By Esther Udoh May 15, 2025 Exxon Mobil plans to invest $1.5 billion over the next two years to boost production…