ABUJA (Reuters) – The Nigerian government will talk to leaders in the Delta region to address their grievances while cracking down on militants who have staged a wave of attacks oil pipelines there, President Muhammadu 25
Oil watchers have been waiting for a production cut for almost two years. But while OPEC hasn’t yet participated in a coordinated effort, the cartel of oil-producing countries technically has slashed its output. Or, more 25
ABUJA, Nigeria, May 23 (UPI) — Italian energy company Eni confirmed Monday that some of its infrastructure in Nigeria was once again the target of a militant attack. A spokesperson for the company confirmed through 25
LAGOS, Nigeria (AP) — An explosion closed a second Chevron facility in Nigeria, witnesses said Friday, as renewed attacks by militants further cut production in Africa’s biggest petroleum producer. Adding to Nigeria’s economic woes, Exxon 25
Charles Kennedy, Oilprice.com / The Niger Delta Avengers (NDA), the group behind the string of attacks that have halted major operations in the oil-rich Niger Delta, have issued a threat to all oil companies in 25
LAGOS, Nigeria (AP) — Nigeria’s government announced Wednesday it is lifting a controversial subsidy on gas, nearly doubling the price amid a massive fuel shortage and militant attacks on oil installations in Africa’s biggest petroleum 25
ABUJA, Nigeria, May 9 (UPI) — Nigerian media reported Monday a group calling itself the Niger Delta Avengers forced the evacuation of facilities in the area operated by Royal Dutch Shell. Nigerian newspaper Vanguard reported 25
by Chee Yew Cheang | Rigzone Egypt, boosted by the recent success with the offshore Zohr gas project in Shorouk concession, intended to offer 28 blocks for bidding by foreign oil and gas companies soon, 25
Irina Slav, OilPrice.com / Depressed oil prices, rampant corruption, and pipeline vandalism are only parts of Nigeria’s oil problem. It’s now losing a massive 400,000 barrels of crude daily to pirates in the Gulf of Guinea, 25
If you want a perfect encapsulation of just how bad it is for the energy industry, we’ve got a story for you. Ocean Rig, an offshore oil-drilling company, just got an incredible “going out of 25
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