Category: Africa

Nigeria: Shell fixing pipeline hit by oil thieves

Royal Dutch Shell PLC says it is repairing a trunkline after detecting a leak blamed on oil thieves in Nigeria’s oil-stained southern delta.  More »

Royal Dutch Shell says Nigeria spill contained

The worst Nigeria offshore oil spill in more than a decade has been contained before reaching the West African nation’s coast, officials with Royal Dutch Shell PLC said Monday, less than a week after one of its lines bled crude into the Atlantic Ocean.  More »

Shell oil spill off Nigeria likely worst in decade

An oil spill near the coast of Nigeria is likely the worst to hit those waters in a decade, a government official said today, as slicks from the Royal Dutch Shell PLC spill approached the southern shoreline.  More »

Shell, Eni buy Nigeria offshore oil field rights

Royal Dutch Shell PLC and Italian oil firm Eni SpA have purchased rights to an offshore oil field near Nigeria’s coast that could hold as much as 9 billion barrels of oil, the companies said today.  More »

3 foreign oil workers, 2 from US, freed in Nigeria

Authorities say gunmen have released at least two workers who were kidnapped two weeks ago from a ship supplying a Chevron Corp. offshore oil field in waters off Nigeria.  More »

Nigeria firm announces $147.5M oil field purchase

A Nigerian oil company says it paid $147.5 million for a stake in an onshore oil field once owned by Royal Dutch Shell PLC, Eni SpA and Total SA.  More »

Anadarko doubles estimate for natural gas discovery in Mozambique

Results from its latest appraisal well in offshore Mozambique led Anadarko to increase the estimated amount of recoverable natural gas to 15 to 30 trillion cubic feet.  More »

Shell says oil spill strikes Nigeria pipeline

Royal Dutch Shell PLC says one of its pipelines running through Nigeria’s oil-rich southern delta has spilled crude oil in the region, causing unknown damage.  More »

Amnesty says Shell must clean oil spill wrecking lives

Amnesty International says the shell oil company must clean up a 3-year-old spill that has wrecked the livelihoods of tens of thousands of farmers and fishermen in southeastern Nigeria.  More »

Shell says ‘unprecedented’ oil thefts target Nigeria

Royal Dutch Shell PLC says its Nigerian subsidiary faces an “unprecedented” level of oil thefts targeting its operation in the oil-rich African nation.  More »

Eni ups estimate of giant Mozambique gas find

Eni announces that the discovery of gas made in the exploratory prospectus of Mamba South 1, Area 4 offshore Mozambique, is about 50% larger than what announced by the company on October 20th.  More »

Exxon profits up 41 percent

The Irving based oil giant reported third quarter net income of $10.3 billion thanks to higher oil prices and better refining margins.  More »

Halliburton conducting internal investigation of Angola business

Halliburton Co., the world’s second- largest oilfield-services provider, said it’s conducting an internal investigation of its Angolan operations after receiving an anonymous e-mail alleging violation of the U.S. Foreign Corrupt Practices Act.  More »

Nigeria village files $1B suit against Shell in U.S.

A village in Nigeria’s oil-rich southern delta where observers found a drinking-water well polluted with benzene 900 times the international limit has sued Royal Dutch Shell PLC for $1 billion in a U.S. federal court.  More »

Gadhafi death unlikely to spur quick Libyan oil return

Moammar Gadhafi’s death isn’t likely to expedite the return of Libya’s oil output or lure back foreign companies as quickly as the interim government hopes, according to analysts Daniel Yergin at IHS-CERA and Edward Morse at Citigroup Global Markets Inc.  More »
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