Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, Nigeria Upstream Petroleum Regulatory Commission said on Monday.

The Federal Government’s recent decision to block Shell’s $2.4 billion divestment plan for its onshore assets has raised concerns among analysts, who warn that this could deter vital investment needed ...

Throughout the past 50 years, PETRONAS has been successful in spreading the wealth from this sector equally across the nation ...

Nigeria's recent decision to block Shell's $2.4 billion asset sale signals challenges in attracting foreign investment.

Nigeria's decision this week to block Shell's $2.4 billion sale of its onshore assets has sent a negative signal to investors ...

A review for the Dutch government on a support package given to airline KLM during the COVID-19 pandemic concluded it was ...

The Assumption That States Going To the Supreme Court, Want To Distort Anti-Corruption Efforts Is Not Correct” said Nigerian Lawyer Ogunye ...

Devastating rains that triggered deadly floods in Cameroon, Chad, Niger, Nigeria and Sudan in recent months were worsened by ...

Oando Plc, Nigeria’s leading integrated energy company listed on the Nigerian Stock Exchange and Johannesburg Stock Exchange, ...

The Nigerian government has approved ExxonMobil’s $1.28 billion sale of its onshore assets to Seplat Energy, two years after ...

Oando Plc has pledged its commitment to the aspiration by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to ...