Shell To Cover NNPC's Share Of Gbaran Ubie

IOCs Eye NNPC Reforms With Concern

Economy / Nigeria The Nigerian government is expected to pass new laws reforming the country's state-controlled oil and gas company the Nigerian National Petroleum Corporation (NNPC) by the end of 2008, according to...

Shell Unit Doubles Nigerian Operating Budget To US$8.25bn

Political Risk / Nigeria 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...

LNG Export Projects Threatened By Nigerian Government

Companies / Nigeria The Nigerian government has issued a warning to foreign companies operating in its gas sector that they must submit plans to boost supplies to the domestic market by October or face suspension of their...

Chevron Disposes Of West African Retail Businesses

Economy / Nigeria Chevron Africa Holdings Limited, a subsidiary of US major Chevron, has agreed to sell its retail assets in Nigeria, Benin, Cameroon, Congo Brazzaville, Côte d'Ivoire and Togo to Corlay Global.

MEND Ends Oil War, But Risks Remain

Economy / Nigeria The Movement for the Emancipation of the Niger Delta (MEND) has declared a ceasefire, bringing its week-long oil war, dubbed 'Operation Hurricane Barbarossa', to an end.