Nigeria appoints former Shell executive to lead state-owned oil group
- NEITI announced a review of divestments involving five IOCs across 26 oil blocks.
- This review addresses transparency concerns and environmental liabilities from these sales.
- The review includes Shell's sale to Renaissance and ExxonMobil's deal with Seplat.
- These oil asset sales are valued at $6.03 billion, reshaping Nigeria's oil sector.
- NEITI seeks collaboration to ensure due process and address environmental issues during divestments.
92 Articles
92 Articles

Takeaways from AP’s story on safety concerns about Shell’s fleet of oil production ships
Oil major Shell operates a fleet of giant ships permanently moored over oilfields around the world. The ships receive oil pumped from wells beneath the seabed and transfer it to tankers. Reporting by The Associated Press, based on internal documents,…

Takeaways from AP's story on safety concerns about Shell's fleet of oil production ships
A huge oil spill in 2011 from the Bonga, a floating oil production vessel off the coast of Nigeria owned by Shell, was one of the worst there in a decade.
Fuel quality put to test - Here's what Timi Agbaje discovered
For decades, NNPC fuel was widely regarded as the most reliable, trusted, and affordable source of fuel in Nigeria. However, in recent times, discussions have surfaced questioning its quality. Now, media personality and influencer Timi Agbaje has entered the conversation with independent research that may finally put these claims to rest and reaffirm NNPC’s legacy as a top fuel provider. As social commentators like Valor Review gained traction w…
NNPC: NAPE backs Tinubu on Kyari sack, Ojulari appointment
The Nigerian Association of Petroleum Explorationists has backed President Bola Ahmed Tinubu for the new Nigerian National Petroleum Company board appointment. The president of NAPE, Johnbosco Uche, disclosed this in a statement on Wednesday. DAILY POST reports that Tinubu removed the NNPCL chairman, Pius Akinyelure, and the GCEO, Mele Kyari, on Wednesday. Reacting, NAPE noted that the appointment of Bayo Ojulari as group chief executive officer…
Nigeria names ex-Shell executive Bayo Ojulari to lead state oil firm NNPC
Nigerian President Bola Ahmed Tinubu has appointed Bayo Ojulari, a former Shell executive, to head the state-owned oil firm NNPC as the country seeks to raise oil production and revitalise its refining capacity, the presidency said on Wednesday.
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