Shell Petroleum Development Company of Nigeria Limited, SPDC, has been renamed to Renaissance Africa Energy Company Limited after 46 years of operation in Nigeria. The development comes after ...

The freshly installed chief executive of NNPC, Nigeria’s state oil corporation, has vowed to attract up to $60 billion of ...

Nigeria's President Bola Tinubu has appointed ex-Shell executive Bayo Ojulari and a new board to run the Nigerian National Petroleum Company, raising hopes of a much-needed overhaul at the troubled ...

with Nigeria’s output of almost 2 million barrels per day dropping to almost half that amount as oil majors exited onshore wells plagued by persistent security issues. A gradual rise in output — with ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nigeria’s president has replaced the board of the country’s state-owned oil company and put a former ...

The wave of asset divestment by international oil companies in Nigeria that started in 2022 has seen several local operators ...

Nigeria's president has appointed Bayo Ojulari - a former Shell executive - to lead the state-owned oil company, as part of sweeping reforms aimed at cleaning up the sector dogged by allegations ...

When oil company, Shell D’Arcy first struck black gold in Nigeria in the 1950’s, there were celebrations in the creeks of the Niger Delta. Many of the locals had no idea what this thick black ...