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EU looks to replace gas from Russia with Nigerian supplies

The European Union, EU, is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts, Matthew Baldwin, deputy director general of the European Commission’s energy.

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Namibia launches sovereign wealth fund

Namibia has set up a Sovereign Wealth Fund (SWF), to serve as a buffer against future economic shocks, President Hage Geingob said on Thursday. Royalties from the sale of natural,.

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Shell spends N41bn on social investment in Niger Delta

Shell Petroleum Development Company of Nigeria Limited says it has spent N41.10bn on social investment programmes for its host communities in Niger Delta region in the last 12 years. The.

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Shell signs gas supply agreement for Aba Power Project

The Shell Petroleum Development Company of Nigeria (SPDC) and its joint partners have signed a gas supply and aggregation agreement that will support the 140 Megawatts Aba Integrated Power Project.

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Shell Nigeria To Sell 4 Oil Blocks For Over $2 Billion

Nigerian unit of Royal Dutch company, Shell has placed on sale four onshore oil blocks in the market for an estimated $2 billion, as its production becomes plagued by incessant.

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