shell news

The Shell Petroleum Development Company of Nigeria Limited, SPDC, has upped its contractor support fund with $200 million in a latest effort to boost the financial capacity of vendors and suppliers in Nigeria’s oil and gas industry.... Read more via Vanguard News Nigeria –...

Today two middlemen have been found guilty of corruption offences relating to Shell and Eni’s 2011 deal for one of Nigeria’s most promising oil licenses. The judgement was first reported by Reuters who cited a legal source.... Read more via Global Witness – https://ift.tt/2MRRBLB Get more...

Meanwhile, the NNPC, SNEPCo, ExxonMobil, Total and the other partners will take the FID on … Read more via Thisdaylive – https://ift.tt/2AvGBTf Get more: Nigeria Business News

Barring any regulator’s restrictions, Afam VI power plant is ready to deliver its net dependable capacity of 624mw into the Nigerian national grid, coming at a time power generation has suffered a deep plunge following reported outage of some thermal power stations. Osagie Okunbor, … Read...

Anglo-Dutch oil major Royal Dutch Shell has started gas production from the second phase of the Gbaran-Ubie project in Nigeria’s Niger Delta, the company said on Wednesday. The project is an expansion of the Gbaran-Ubie development which opened in June 2010. Shell, through its Shell...

Nigeria's oil export earnings is expected to suffer a huge blow following the shutdown of Shell's pipeline down the Nembe Creek Trunk Line. Shell said it shut down the trunk line to remove a number of "oil theft connections," and also to repair leaks. Exports of roughly 232,000 barrels per...