Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Political Risk / Nigeria

Shell Unit Doubles Nigerian Operating Budget To US$8.25bn

October 2008 | Industry News

Anglo-Dutch major Royal Dutch Shell has been forced to radically ramp up its 2008 Nigerian operating budget as the costs of operating in the West African country increase, according to a report in Nigerian newspaper Punch.

To read the full article, please choose one of the following options:

Subcribers please log in

Related Insight Articles
Nigeria To Ramp Up May Crude Exports To 2mn b/d, Say Traders

Industry / Nigeria A Reuters report on 29 March 2010, based on a review of loading schedules and conversations with oil traders, indicates that Nigeria will dramatically scale up crude oil exports from 61 cargoes in April...
March 2010
Eni Treads Cautiously Amid Oil Bill Risks

Industry / Nigeria Italian oil major Eni has announced plans to double its investment in Nigeria while expressing concern about proposed regulatory changes in the country.
March 2010
Total Announces Nigeria Investment Plans

Industry / Nigeria French major Total has said that it will invest US$7bn in oil and gas exploration and production (E&P) in Nigeria over a four- to five-year period.
February 2010
JRC Militants Claim Responsibility For Latest Attacks in Delta

Companies / Nigeria A Nigerian militant group, the Joint Revolutionary Council (JRC), has said that it has attacked key Royal Dutch Shell oil and gas installations in the Niger Delta, though the group's claim has yet to...
February 2010
Abuja Plans Licensing Round For 2010

Companies / Nigeria Nigeria is planning to hold a licensing round for both on- and offshore fields in 2010, according to Emmanuel Egbogah, a special energy advisor to the country's president, quoted by Reuters.
February 2010
Middle East & Africa InsightMiddle East & Africa Channels Middle East & Africa Countries


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2012 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS