Shell acquires Lagos-based Daystar Power to expand renewable energy interests
Daystar announced in a statement Wednesday that the takeover awaits regulatory approval.
Daystar announced in a statement Wednesday that the takeover awaits regulatory approval.
Seplat also announced Effiong Okon, the operations director and an executive director on its board, would be relinquishing the position ...
To win a prize once awarded Nigeria's Ken Saro-Wiwa and Wangari Maathai, renowned Kenyan environmental activist, Chima Williams has for ...
The French oil major will keep OMLs 23 and 28 and its interest in the associated gas pipeline network that ...
TotalEnergies is the latest multinational to give up its onshore asset for deep-water fields.
The developments could deal a blow on Nigeria, which has plans to export oil in the neighbourhood of 1.5 million ...
The NNPC group managing director says Nigeria must have "the most friendly fuel" in place, while building its ability to ...
Halt in crude shipments from Forcados is likely to affect Nigeria's oil revenue and worsen existing shortages in the international ...
Shell had claimed the case would be better decided in Nigeria. Now, its subsidiary SPDC will now be part of ...
Shell’s divestment could deal a fresh blow to the fiscal plan of the Nigerian government, about 90 per cent of ...
The ruling is the second judgement against Shell this year regarding claims against its Nigeria operations.
Shell’s declaration came days after rival energy giants – Exxon Mobil and BP – announced similarly underwhelming results.
The notice said that for the past seven years, both directors had served the board meritoriously, deploying their multi-facetted experiences ...
The payment is the largest payout out of a total $22.63 billion the company said it made to about 28 ...
Shell and Exxon Mobil had a joint venture there prior to the toppling of Dictator Mohamed Siad Barre in the ...
Reuters news agency reported Thursday that the move could deter investment in Africa's largest economy.
The judge, Giusy Barbara, also berated Nigerian politicians and officials involved in the controversial deal.
The Nigerian government is currently allowing the oil firms to process one of the fields in the block, called Zabazaba.
The groups called for a total cancellation of the OPL 245 Malabu deal.
Emeka Obi, a Nigerian consultant in England, and Gianluca Di Nardo, an Italian, were jailed four years each in September
The first convictions in the murky case comes days before Shell and Agip-Eni are set to go on trial over ...
Methane is released into the atmosphere mostly through leaks in gas infrastructure.
As Nigeria gets set to celebrate World Malaria Day, its anti-malaria response is still far behind global expectation.
Shell admits that a crime might have been committed in the new OML 42 deal.
The Malabu case involves the controversial purchase of OPL-245, one of Africa’s most valuable oil blocks.
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