August 02

• Shell Invests N45BIllion in Niger Delta in 2012

  Vanguard

  ... Lost N112bn to crude theft in Nigeria in Q2 Read more »

• PPMC - Nigeria Lost U.S.$10.9 Billion to Pipeline Vandalism

  This Day

  The Area Manager of the Pipeline Products and Marketing Company Petroleum (PPMC) in Gombe State, Alhaji Abdullahi Gunda, has said Nigeria's economy has been negatively affected as... Read more »

• Let Kenyans Discuss Oil Find [column]

  The Star

  That Tullow Oil Plc and its affiliated companies have found substantial quantities of oil which are commercially viable is indeed good news. It is even better news that it is... Read more »

• Midwestern Oil & Gas Suffers 20 Percent Loss to Oil Theft

  This Day

  As Nigerians continue to bemoan the growing spate of oil theft in the country, Midwestern Oil and Gas Limited, an organisation that is partly owned by the Delta State government... Read more »

• Concerns Mount Over Rise in Crude Oil Theft, Divestment

  This Day

  Concerns are rising in the country and especially the oil industry over the magnitude of crude oil theft estimated at 400,000 barrels per day (b/d) as well as divestment by... Read more »

• Shell Pays FG U.S.$69 Billion

  Daily Trust

  Shell companies in Nigeria said it paid the federal government the sum of $69billion between 2008 and last year. Read more »

• Oil Export - Global Scan Gets Extension On Pre-Shipment Inspection Contract

  Leadership

  Despite industry players' outcry against its poor services, Global Scansystems Ltd has emerged one of the six oil and gas export pre-shipment inspection service providers, whose... Read more »

August 01

• Shell to Sell Off Four More Oil Blocs

  Vanguard

  Shell plans to sell at least four more oil blocs in Nigeria due to increasing crude theft, oil spills, community challenges and its inability to renew the licenses of some of the... Read more »

• Kenyan Oil Wells Commercially Viable, Tullow Says

  Sabahi

  London-based oil exploration firm Tullow announced Wednesday (July 31st) that Kenya's Etuko-1, the most recent well the firm has drilled, has shown signs of commercially viable oil... Read more »

• Chevron Opens Storage in Bassa County

  New Dawn

  The American oil company Chevron, which currently operates Liberia's oil blocks 11, 12 and 14, respectively has officially opened a storage compound in Grand Bassa County for its... Read more »

• Shell Nigeria Records Less Oil Spillages in 2012 Than 2011 - Sunmonu

  Premium Times

  The Managing Director of all associated companies of Shell in Nigeria, Mutiu Sunmonu, said on Thursday that oil spillages recorded by Shell companies' in the country reduced by 173... Read more »

• Total to Fuel New Districts

  Times of Zambia

  TOTAL Zambia wants to invest in the construction of low cost filling stations in the newly-created districts in the country. Read more »

• Tullow Says Kenya Oil of Commercial Quantities

  The Star

  Tullow Oil which found Kenya's first oil is expected to start initial production next year after it found resources in the Lokichar Basin. Read more »

• Petroleum Export - FG Extends Contract of PIAs

  Vanguard

  The Federal Government has extended the contract of the six Pre-shipment Inspection Agents (PIAs) for the exportation of petroleum products by one year, even has it has also... Read more »

• Subsidy - Marketers Accuse FG of Defrauding Them

  This Day

  It is a classic case of the accuser becoming the accused as oil marketers in the downstream sector, in a bid to force government to honour its commitment, have cried out, accusing... Read more »

• Oil Theft and Criminal Cartels

  This Day

  At the public presentation of the 2009-2011 audit report of our oil and gas industry on Monday, the National Extractive Industries Transparency Initiatives (NEITI) governing board... Read more »

• 13 Percent Derivation - Edo Oil Communities Want Jonathan to Withhold Allocation to States

  This Day

  Oil producing communities in Edo State have appealed to President Goodluck Jonathan to immediately direct the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to... Read more »

• Shell to Sell Four More Oil Blocks

  This Day

  Oil giant, Shell, will sell four more oil blocks in Nigeria in its latest divestment from the country, Reuters has reported. Read more »

July 31

• Oil Pirates - a Global Problem With Very Local Roots [analysis]

  ThinkAfricaPress

  Regional security initiatives might help in the fight against West African piracy, but far more important is addressing the socio-economic environment in which the criminality... Read more »

• Oil Project 10 Years On - Has Anything Changed? [analysis]

  African Arguments

  Even in their wildest dreams the architects of the Chad's oil project could not have imagined how much the country would earn. Read more »

• Chevron Fined for Platform Incident in Soyo

  ANGOP

  The US Oil Company "Chevron" has been fined for an incident reported on the block 2 platform in Soyo, northern Zaire on July 1. Read more »

• Oil Exploration Laws in the Pipeline

  New Times

  Rwanda could have a law governing its upstream petroleum business by mid-next year if everything goes according to plan, officials at the Rwanda Natural Resources Authority have... Read more »

• Oil & Gas Sector Gets Boost, As Chevron Opens New Facility in Grand Bassa

  FrontPageAfrica

  Liberia's emerging hydrocarbon sector appears to be progressing amidst all the concerns of "when will commercial quantity be discovered? Is oil a blessing or curse?" Some of the... Read more »

• Burger King, Sasol in SA Expansion Deal

  SA Info

  South African petrochemicals giant Sasol has signed a deal with global fast-food company Burger King which will see the hamburger chain opening sit-down and takeaway restaurants at... Read more »

• Bulk Procurement Cut Fuel Import Costs

  Daily News

  THE introduction of Bulk Procurement System (BPS) and Single Point Mooring (SPM) has helped to reduce by half the cost of importing petroleum products and curb congestions at the... Read more »