Nigeria Oil and Gas professionals proffer Solution to Curb Oil theft

The Online news media Leadership news paper reports that Nigeria Oil and gas stakeholders proffer solution to curb oil theft, while Nigeria continue to look for solutions towards stemming the huge revenue loss due to pipeline vandalisation , experts spoke on the topic “Exploring Solutions to Asset Security Challenges Faced by the Nigerian Oil and …

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Oil and Gas Giant Shell Divest 30% Stake in Nigeria Asset

Oil and Gas giant Shell Nigeria Development Co Ltd.  a subsidiary of Royal Dutch Shell has divested a 30% stake in oil mining lease (OML) 18 and related facilities in the Eastern Niger Delta to Eroton Exploration and Production Company for $737m. Eroton was established by a consortium of companies, including Mart Resources, Midwestern Oil …

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The Current State of the Nigeria Oil and Gas, Lack of regulatory Framework Constrains Investment

The federal and State  election in Nigeria added large layers of risk and uncertainty in the Nigeria oil and gas industry, this a report from IHC inc. (NYSE IHS) a global source of critical information and insights. The pre-election evaluation shows a contest between Nigeria’s incumbent president and main opposition challenger Muhammadu Buhari and it …

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