| 10/9/2019 - Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya. The exploitation of these resources has been in the hands of the Nig... |
| 10/1/2019 - Eni received confirmation from the U.S. Department of Justice that the DOJ has closed its investigation of Eni with respect to the OPL 245 and Algeria matters without taking any action. ... |
| 1/13/2017 - Nigeria's state oil company has proposed legal amendments aimed at enabling the government to increase royalties and other revenues from deepwater oil production. OPEC member Nigeria has been hit hard... |
| 1/12/2017 - The Nigerian National Petroleum Corporation, NNPC, proposed some key amendments to the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Act to enable the Federal Government optimize th... |
| 8/10/2016 - Nigerian protesters blocked the entrance to a Chevron oil facility in the restive Niger Delta demanding jobs and housing, a protest leader said. ... |
| 6/26/2015 - Nigeria's new President Muhammadu Buhari dissolved the board of the state-owned oil company on Friday as a first step in cleaning up the sector in Africa's biggest crude producer. ... |
| 5/27/2015 - Local Nigerian staff at U.S. oil services company Halliburton have ended a nationwide strike over job cuts, a spokesman for one of two oil unions involved in the dispute said. ... |
| 5/26/2015 - Nigeria's main oil union has shut down the local operations of U.S. oilfield services provider Halliburton Co in protest against job cuts, the trade body said. ... |
| 6/30/2014 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, is pleased to announce that Elcrest Exploration and Production Nigeria ... |
| 7/30/2010 - Nigeria's parliament will pass wide-ranging legislation to reform its energy industry within weeks, redefining the OPEC member's relationship with its foreign oil partners, the oil minister said on Th... |
| 7/7/2010 - The Shell Petroleum Development Company of Nigeria (SPDC) has begun producing oil and gas from the Gbaran-Ubie project in the Niger Delta, providing an important new source of energy for export and do... |
| 6/23/2010 - Nigeria may hold an oil licensing round in August subject to approval by President Goodluck Jonathan, a presidential source said, in a move that could help fund a growing budget deficit and increase C... |
| 4/28/2010 - Italian oil firm ENI has declared force majeure on Nigeria's Brass River oil exports, a company spokesman said, after a disruption to supplies in Africa's largest exporter. ... |
| 4/21/2010 - SEPLAT (the Nigerian company owned 45% by Maurel & Prom) has been informed that crude production has recommenced on OMLs 4, 38 and 41, currently operated by SPDC (Shell Nigeria). ... |
| 2/23/2010 - Nigeria's acting President Goodluck Jonathan said he was committed to overhauling Africa's biggest oil and gas industry so that it better serves the country's national interest. ... |
| 2/4/2010 - Royal Dutch Shell Plc said that it was open to selling more assets in Nigeria, where its oil and gas production has again been hit following recent attacks on pipelines. ... |
| 2/2/2010 - Nigeria plans to sell oilfield assets this year containing as much as 2 billion barrels of reserves either relinquished by Western firms or unsold in three previous bidding rounds, the Financial Times... |
| 11/10/2009 - London-listed oil and gas company Afren Plc said it would raise about $200 million from a placing of shares to fund projects and that it did not expect to pay any dividends in the foreseeable future. ... |
| 8/1/2008 - Addax Petroleum Corporation together with its partners Chrome Oil Services Limited and Korea Gas Corporation, announced that it has received the approval from the Federal Government of Nigeria, for it... |
| 6/3/2008 - Providence Resources provided an update on the final well results from its recent operations on the AJE Field, in OML113, offshore Nigeria. The AJE-4 well was drilled using the Transocean Pathfinder d... |
