RECENT NEWS
Wall Street Journal  Nov 20  Comment 
Energy giant Royal Dutch Shell has sold its stake in a set of oil wells and processing plants in Nigeria’s Niger Delta, the latest in a series of sales in an area where Shell has struggled with oil theft and other security issues.
OilVoice  Nov 20  Comment 
The Shell Petroleum Development Company of Nigeria Limited SPDC a subsidiary of Royal Dutch Shell plc Shell has completed the assignment of its 30 interest in Oil Mining Lease 24 OML24 and re
Reuters  Nov 20  Comment 
Nigeria's main share index fell for the third straight day on Thursday, shedding more than 3 percent in volatile trading as investors sold off relatively liquid consumer and oil stocks, dealers said.
Reuters  Nov 20  Comment 
China Railway Construction Corp has signed a deal worth nearly $12 billion with Nigeria to build a railway along the West African nation's coast, Chinese state news agency...
Reuters  Nov 19  Comment 
Foreign investors sold off Nigerian stocks valued at 101.2 billion naira ($583.6 million) in October after a drop in the oil price and the local naira currency, data from the stock exchange showed on Wednesday.
Commodity Online  Nov 18  Comment 
For the first time since records started in 1973 the US did not import a single barrel of crude oil from Nigeria in July 2014. US crude oil imports have been on a downtrend in general as domestic production surged.




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