shell oil company news

$500 million cash paid by Aliyu Abubakar is alleged to come out of the $1.3 billion licence fee paid by Eni and Shell for access to OPL-245 offshore oilfield located in southern Niger Delta.... Read more via Newtelegraph – https://ift.tt/2PjYWaU Get more: Nigeria Business News

A Dutch court on Wednesday ruled in favour of four Nigerian women who sued oil giant Shell. The women, including Esther Kiobel, sued Shell for its alleged role in the unlawful arrest, detention and execution of their husbands by the Nigerian military. The killings occurred in 1995 … Read...

The Executive Secretary of Association of Power Generation Companies (APGC), Joy Ogaji has disclosed four gas generating companies have shutdown production, as these companies struggle to access fresh loans. The four gas generating companies were unable to pay their debt to Shell Petroleum...

Two oil giants that had previously exited Nigeria’s downstream sector, Shell and ExxonMobil, could sign crude-for-product deals with Africa’s largest oil producer, a senior NNPC official said. “Unfortunately, Shell and ExxonMobil exited the downstream sector in Nigeria a couple of years ago...

Nigerian crude oil differentials were largely unchanged yesterday, after a series of offers from Shell for October-loading cargoes drew no buyers, and even BP, which has been an active bidder this week, showed unwillingness to pay higher prices. Shell was said … Read more via The Guardian...

Anti-corruption groups are calling for an urgent inquiry into what would appear to be highly misleading statements made by Shell in evidence to an investigation by the 2012 Ad Hoc Committee of the House of Representatives into the corrupt OPL 245 oil bloc deal. In evidence to the … Read...

Shell Nigeria Exploration and Production Company (SNEPCo) workers have kicked against the company’s plan to move its operational base from Onne in Port Harcourt, Rivers State to Lagos.... Read more via TODAY.NG – https://ift.tt/2ObbM8b Get More Nigeria Metro News