Keyword: Nigeria

News

Total Sells $2.5 Billion Nigeria Oil Field Stake to Sinopec

19.11.2012 - Total is selling a 20% stake in a Nigerian offshore oil field to China's Sinopec in a $2.5 billion deal which will help the French oil group fund its ambitious exploration plans...

News

Nigeria Exxon Spill Spreads for Miles Along Coast

18.11.2012 - An oil spill at an ExxonMobil facility offshore from the Niger Delta has spread at least 20 miles from its source, coating waters used by fishermen in a film of sludge. A Reuters...

News

Eland Oil to List After Buying Nigeria Block

03.09.2012 - West Africa-focused energy firm Eland Oil and Gas will float on London's junior stock market on Monday with a market value of 135 million pounds ($214 million) after completing the...

News

Nigeria's Oil Law is Test for Jonathan Presidency

06.08.2012 - Nigeria's landmark energy bill could revive Africa's biggest oil industry and improve President Goodluck Jonathan's reputation, but rebellious lawmakers will seriously test his...

News

Nigeria President Replaces Execs of State Oil NNPC

27.06.2012 - Nigerian President Goodluck Jonathan is replacing the managing director of state oil company Nigerian National Petroleum Corp (NNPC) and three other senior directors on Tuesday, a...

News

Nigeria Agrees to $10 Billion Investment In Gas, Chemicals

28.03.2011 - Nigerian President Goodluck Jonathan said on Thursday he had signed agreements worth around $10 billion over the next three years for investment in gas processing, petrochemicals...

News

U.S. Top Court Rejects Pfizer Nigeria Lawsuit Appeal

30.06.2010 - The Supreme Court said on Tuesday that it rejected an appeal by Pfizer on a ruling that reinstated U.S. lawsuits by Nigerian families, who say the drugmaker tested an experimental...

News

Shell Sells Stake in Three Nigerian Oil Licenses

01.02.2010 - Royal Dutch Shell said it has agreed to sell its stake in three onshore oil licenses in Nigeria to a consortium consisting of two local firms and France's Maurel & Prom. The sale...