Industry News

Nigeria E&P

Aiteo’s Legal Disputes With Shell Continues

LAGOS, October 12 (Bloomberg) – Nigerian indigeneous oil producer Aiteo is pursuing a lawsuit against Royal Dutch Shell Plc for more ...
Nigeria E&P

NNPC considers IPO after first profit in 44 years

LAGOS, Sep...

Nigeria E&P

Decklar’s Oza-1 well re-entry update

Calgary, Alberta Sep 1 (Aberdeen Press and Journal) - Decklar Resources Inc. has announced an update on the Oza-1 well re-entry at the Oza Oil Field in Nigeria, being performed by the Company’s wholly owned Niger...
Nigeria E&P

Metallon sells stake in Lekoil

London UK , Sep 2 (Aberdeen Press & Journal) – Lekoil has reported the sale of Metallon’s stake in a filing. Metallon took control of Lekoil in a shareholder vote in January. The company has sold off its 15.1...
Nigeria E&P

Buhari Signs PIB into Law to Overhaul Oil Industry

Lagos Nigeria, August 16 (Bloomberg) - Nigerian President Muhammadu Buhari signed into law long-awaited legislation to overhaul the oil and gas industry in Africa’s biggest crude producer. Buhari assented to t...