Shell is working round the clock to fast track plans to expand its gas development and investment just as it unveiled a new business line in Nigeria. This initiative would make Shell spike up expansion of natural gas marketing and…
Nigeria’s oil major, subsidiary, Shell Production Development Company, (SPDC), has declared force majeure on Bonny Light crude oil loadings beginning from Monday, after the shutdown of a key pipeline. “SPDC has declared a Force Majeure on the Bonny Oil and…
By Uthman Salami A Nigerian oil producer, Aiteo Eastern E&P Co. Ltd has sued Royal Dutch Shell Plc for more than $2 billion over the ownership of oil wells. This in itself has further intensified a dispute around an asset sale completed…
Shell has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB). Managing Director of the deep-water business of Shell in Nigeria, Mrs.…
The Shell Petroleum Deveopment Company of Nigeria Limited (SPDC) and its joint venture partners, have boosted infrastructure at the Nigerian Maritime University, located at Okerenkoko, in Delta State. According to Governor of Delta State, Dr. Ifeanyi Okowa, the phase one…
…compensation satisfies final judgement-Shell spokesman …blames spill on 3rd party during civil war The people of Ogoni in Rivers State got justice on Wednesday as the multinational oil company, Shell Petroleum Company, agreed to pay N45.9 billion for the losses…
The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.45 per cent in 2020 to the lowest in six years. Royal Dutch Shell said on Wednesday that its subsidiaries in Nigeria paid $3.24bn to the…
The Shell Petroleum Development Company (SPDC) has confirmed oil spill from its facility at Agbura-Otuokpoti area of Yenagoa, the state capital. The company’s Media Relations Manager, Bamidele Odugbesan, confirmed the incident in an interview with journalists in Yenagoa on Friday.…
A Milan court has acquitted energy groups Eni and Shell along with a series of past and present managers including Eni CEO Claudio Descalzi in the oil industry’s biggest corruption scandal. The sentence, read out in court by Judge Marco…
The Shell Petroleum Development Company (SPDC) says it has positioned itself to meet the daily domestic gas demand, projected to hit five billion standard cubic feet by 2022, by developing gas fields. The super-major energy firm also reiterated its support…
