Oil major, Shell has entered into a 10-year marine liquefied natural gas (LNG) sales and purchase agreement with an Israeli container shipping company ZIM, valued at more than $1 billion. The LNG is intended for 10 LNG-fueled vessels that will…
Oil major Shell Plc has warned that Europe may have to brace for a string of winters with exorbitant power bills and electricity rationing as Russia squeezes gas supplies. “It may well be that we have a number of winters…
By Uthman Salami The oil majors led by Shell Plc, ExxonMobil Corp., Chevron Corp. and Equinor ASA, have commenced plans to withdraw $2.9 billion suits filed against the Nigerian National Petroleum Company Limited formerly Nigerian National Petroleum Corporation over a…
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…
