Nigeria has entered an agreement to break up the OPL 245 oil block into four new assets, which will be operated by Eni and ...

By Isaac Anyaogu LAGOS, March 2 (Reuters) - Nigeria has broken up the OPL 245 oil block into four new assets to be operated ...

The agreement is part of a wider programme of reforms undertaken since 2023 to restore Nigeria’s competitiveness in global ...

Workers of Shell Nigeria Exploration and Production Company Limited (SNEPCo) on Tuesday morning staged a protest along Broad ...

Nigeria has broken up its prized OPL 245 deepwater oil block into four new assets to be co-developed by Shell Plc and Eni SpA ...

Nigeria has divided the long-disputed OPL 245 oil block into four new assets to be operated by Eni (ENI.MI) and Shell (SHEL.L ...

Shell Petroleum workers embarked on a picketing of their office along Marina, Lagos Island, on Tuesday over what they called ...

Shell plc (SHEL) has completed the acquisition of an additional 10% interest in Nigeria’s OML 118 Production Sharing Contract, raising its stake in the deep-water Bonga field from 55% to 65% and ...

The allegations by Global Witness and Finance Uncovered refer to the 2011 purchase by oil giants Shell and Eni of OPL245. Allegations of corruption and bribery have mounted in the years since the deal ...

Shell Plc paid $5.34 billion in taxes and other charges to Nigeria in 2024, more than any other country. The company’s payments to Nigeria increased from the previous year and came as the oil and gas ...

Mr Osagie Okunbor, Country Chair, Shell Companies In Nigeria (SCiN) says 100 per cent of its contracts worth $800 million were awarded to Nigerian companies in 2020. Okunbor made the announcement ...