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Oil & Gas

NNPC, Shell, Agip Sign Agreements to Advance $15bn Bonga South West Project

The Nigerian National Petroleum Company Limited (NNPC Ltd) and partners in Oil Mining Lease (OML) 118 have signed agreements to advance the Bonga South West/Aparo (BSWAp) deepwater project towards Final Investment Decision (FID). The agreements were signed on Monday by NNPC and the OML 118 contractor parties, comprising Shell Nigeria Exploration and Production Company Limited […]

News Oil & Gas

Nigeria Offers Tax Incentives to Unlock Shell’s $20 Billion Deepwater Oil Project

Nigeria has approved a major tax incentive package for Shell Plc’s long-delayed Bonga Southwest Aparo (BSWA) deepwater oil project, marking one of the government’s most significant efforts to revive investment in the country’s upstream petroleum sector. The incentive, linked to production volumes, is expected to accelerate the project’s long-awaited Final Investment Decision (FID) and could […]

News Oil & Gas

Protest Over Electoral Delineation Disrupts Oil Operations in South-south Nigeria

Nigeria’s crude oil production faces a significant threat following the shutdown of 13 oil flow stations in Delta State by protesters demanding the implementation of the ward delineation report for the Warri Federal Constituency approved by the Independent National Electoral Commission (INEC).  The protest, led by women and youths from several Ijaw and Urhobo communities, […]

News Oil & Gas

REPORT: How Shell Operates Nigerian Pipeline Despite Years of Environmental Risk Warnings

New documents have shown that Shell Nigeria Gas Limited continued to operate a major oil pipeline in Niger Delta for years despite internal assessments indicating significant environmental risks and evidence of pollution linked to the infrastructure. According to a report first published by the BBC, internal company records show that Shell was aware of concerns […]