Countries across Africa are preparing for the projected oil boom, and Nigeria is taking its position in the offshore production which is expected to take the lead.

Shell SHEL 0.53% will buy TotalEnergies’ TTE 0.69% stake in an oil field offshore Nigeria for $510 million, increasing its interest in the country’s deep-water Bonga field.

Nigeria's state-owned NNPC Ltd on Tuesday started drilling for oil and gas at a field in northern Nigeria that has reserves of 1 billion barrels, as the country seeks to produce crude outside the ...

Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of an oil spill on the Trans Niger pipeline that lasted several days.

The French firm is withdrawing from a production-sharing agreement that the Nigerian state signed in 2021 with TotalEnergies, Shell, US oil major ExxonMobil and Italy's Eni following two years of ...

Nigeria has launched oil production at a new field in the Niger Delta, a development that should boost the country’s oil production by 40,000 bpd.

In 1956, as Nigeria stood on the cusp of independence, oil in commercial quantities was discovered in Oloibiri, Bayelsa State. With exploration commencing, and the country joining other countries ...

Nigeria began drilling for oil and gas in the northeast on Tuesday, a first for the African oil giant, which has exploited large deposits in the south for decades and whose production is declining.

Oil supply to the Port Harcourt refinery recently resumed, when Shell Petroleum Development Company of Nigeria Ltd. delivered 475,000 barrels, as announced by the Shell PLC subsidiary February 12.

Shell (NYSE:SHEL) has resumed talks to sell its stake in a joint venture that operates onshore and shallow-water oil and gas fields in Nigeria to a local firm, a year after the process was shelved ...

Shell will buy TotalEnergies' stake in an oil field offshore Nigeria for $510 million, increasing its interest in the country's deep-water Bonga field. Shell said Thursday that it will buy ...