Downstream

Tamina will spend $1.5bn raised from global bond issues to invest in Angola and to develop its wells in the Cepu and West Madura blocks offshore Indonesia, state enterprises minister Mustafa Abubakar has said

Country able to wean itself from its dependency on donor funding by 2020, says EU delegation

State-owned Nigerian National Petroleum Corporation has said it has assumed the operatorship of the Niger Delta oil blocks from which Shell had divested its interest, citing an existing agreement between the two companiesState-owned Nigerian National Petroleum Corporation has said it has assumed the operatorship of the Niger Delta oil blocks from which Shell had divested its interest, citing an existing agreement between the two companies