Shell Plc, ExxonMobil Corp., Chevron Corp. and Equinor ASA has begun plan to withdraw multibillion-dollar lawsuits against Nigeria National Petroleum Company Limited after finalizing new terms for deep-water oil production in Africa’s largest crude producer, Bloomberg reports. In letters to…
By Uthman Salami For over 60 years now, Shell Companies in Nigeria have been actively involved creating value to every stratum that makes up Nigeria. Its multinational status has intimately integrated it into the very firmament that constitutes Nigeria’s economy,…
A Shell Floating Production Storage and Offloading (FPSO) vessel operating off Bayelsa coastline, has been shut down due water leakage, an official has said SPDC Spokesman, Mr Michael Adande who disclosed this in a statement on Thursday, said the vessel…
The Shell Petroleum Development Company (SPDC) has signed a contract to acquire drones to monitor its pipelines and wellheads in the Niger Delta. SPDC’s General Manager, External Relations, Mr Igo Weli made this known at a news conference in Port…
Oil major Shell has announced that a total of 184 beneficiaries of the Nigerian National Petroleum Company, NNPC/Shell Cradle-to-Career scholarship for secondary school students have been migrated to the SPDC JV university scholarship programme in the last five years. This…
The Bayelsa Government has urged Shell Petroleum Development Company of Nigeria Limited (SPDC) to contribute more to standards of living in the state by investing more in energy and infrastructure development. Mrs Abimbola Essien-Nelson, Media Relations Manager, SPDC, in a…
Abimbola Abatta There is fresh trouble for the Shell Petroleum Development Company (SPDC) operations in Nigeria as the Senate gave directive for the refund of $200 million to the Federal Government over the alleged violation of a Joint Venture (JV) agreement. Nigerian NewsDirect reports…
By Ogaga Ariemu More troubles for Shell Petroleum Development Company (SPDC) over N800 billion oil spill judgment debt as the Supreme Court of Nigeria presided over by Justice Kudirat Kekere-Ekun ordered all parties to maintain Status Quo in the suit…
The founder of Dangote Group, Aliko Dangote, has urged the government to ensure a single-digit tax regime in the oil industry, in order to lure investment into Nigeria’s downstream sector, which has been losing foreign investors. Dangote is canvassing for…
A proposed 225 Megawatts independent power plant is seeking gas supply from Shell Nigeria Gas (SNG), a leading domestic gas supply company with over 150 companies on its customers’ list. Managing Director of SNG, Ed Ubong said the company has…
