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Somalia Invites Energy Companies To Explore For Oil

AFRICANGLOBE - The price of oil may have fallen off a cliff recently, but that has not deterred energy giants like Exxon Mobil, Royal Dutch Shell, BP and Chevron from reactivating plans to drill in Somalia.

Nigeria’s Youngest Billionaire To Buy $2.5bn Oil Block From Shell

AFRICANGLOBE - 39-year-old Nigerian oil trader, Igho Sanomi is set to acquire Royal Dutch Shell’s highly productive oil block, Oil Mining License 29 (OML 29) for $2.5 billion as the company continues divesting its assets in Nigeria.

Shell Not Cleaning Oil Pollution In Nigeria – Report

AFRICANGLOBE - Little action has been taken to clean up pollution caused by oil production in Nigeria's Niger Delta region, either by the government or Shell Oil.

The Scandal Of Nigerian Oil Block OPL 245

AFRICANGLOBE - Despite Nigeria's abundant oil wealth, Nigerians remain amongst the world's poorest people. In a country that continues to be plagued by corruption, the need for citizen oversight of payments to governments for their natural resources is as important as ever.

Royal Dutch Shell Injects $3.9 Billion In Niger Delta

AFRICANGLOBE - Oil major Royal Dutch Shell has revealed plans by its Nigerian joint venture to inject $3.9 billion in the country’s oil-rich Niger Delta region. It said this included an attempt to advance the protection of a pipeline that was closed down this week.

How Western Oil Companies Deliberately Fuel Wars And Conflict In Africa

AFRICANGLOBE - On the initiative of a young Winston Churchill, the British government had taken a stake in BP and the Royal Navy switched its fuel from coal to oil. With fuel-hungry ships, planes and tanks, oil became "the blood of every battle".

Shell Case Shows Failure of Nigerian Judiciary

AFRICANGLOBE - The decision by The Hague over Shell's liability for polluting in the Niger Delta shows that justice is possible - but it is extremely hard to achieve if you are taking on a massive multinational, says Amnesty International's Africa programme director Audrey Gaughran.

East Africa’s Energy Boom

Gas discoveries in Mozambique and Tanzania, and rising estimates for oil in Uganda, Kenya, Ethiopia and Puntland, are attracting global energy companies to east...

Shell to Invest $4 Billion in Two Oil and Gas Projects...

Royal Dutch Shell Plc, operator of Shell Petroleum Development Company (SPDC) of Nigeria, Thursday said it would invest about $4 billion with its joint...

Shell Accused of Funding Clashes, Armed Gangs in Nigeria

AN industry watchdog, Platform of London has accused Royal Dutch Shell, the parent company of Shell Petroleum Development Company of Nigeria (SPDC) of funding armed gangs, which had fuelled human rights abuses in Nigeria.
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