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Nigeria Nigerians Rally in Support of Delta Women Rejecting Shell's Divestment, and Call for Thorough Cleanup
In a resolute stand, the Kebetkache Women Development and Resource Centre, along with allied community-based women's organizations, has urged Shell to undertake a thorough cleanup of the Niger Delta region. This call follows Shell's announcement of divesting its on-shore assets to investors... -
Nigeria Shell's Exit From Nigeria Completed in final $2.5 Billion Deal With Nigerian Consortium
Shell Plc has sealed a deal to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), for $2.4 billion to Renaissance, a consortium of five companies. The completion is pending Nigerian government approval. The transaction is structured to... -
Nigeria Shell in Deep Water: Faces Human Rights Backlash Over Niger Delta Oil Pollution
In a groundbreaking decision, Mrs. Justice May of the United Kingdom High Court has granted over 13,000 farmers and fishermen from the Niger Delta communities of Ogale and Bille the permission to proceed with their claims against Shell. The communities allege that chronic pollution of their... -
Nigeria "Major Oil Companies Pledge $13 Billion Investment in Nigeria's Oil and Gas Sector"
Nigeria has successfully garnered $13 billion in investment commitments within its oil and gas sector, with major international energy giants such as ExxonMobil, Shell, and TotalEnergies pledging their support, revealed Olu Verheijen, Special Adviser on Energy to Nigeria's President Bola Tinubu... -
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Politics Italy’s Supreme Court Rejects Appeal to Stop Shell, Eni’s Nigerian Corruption Trial –...
Italy’s Supreme Court threw out an appeal from Shell and four former Shell managers to stop a trial on alleged corruption in Nigeria, which also sees Eni’s chief facing charges, legal sources said Wednesday. The … Read more via Thisdaylive – https://ift.tt/2sW2bdm Get More Nigeria...- siteadmin
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Energy Voice | Shell says Nigeria attacks continue despite oil output recovery – Energy Voice
“Security in parts of the Niger delta remains a major concern with persisting incidents of criminality, kidnapping and vandalism as well as onshore and offshore piracy,” said Igo Weli, general manager for external relations at Royal Dutch Shell Plc’s local unit. The warning underlines the...- curator
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Malabu scam: Shell, Eni’s trial adjourned to June – Punch Newspapers
The trial of top executives from two oil majors, Eni and Shell, over alleged corruption in Nigeria started on Monday with a brief procedural hearing and a decision to re-adjourn to next month. The trial, which was initially scheduled to begin on March … Read more via Punch Newspapers –...- siteadmin
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- court hearing eni malabu oil scam nigeria news today 150518 nigeria political news punch newspapers shell
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Metro Crude oil theft rose 50% in 2017 – Shell - vanguard Ng
Report indicating a worsened operational environment in Nigeria’s upstream oil sector, Royal Dutch Shell Plc, the parent company of Shell Company in Nigeria, said crude oil theft from its pipeline networks in Nigeria rose by 50 percent to 9,000 barrels of oil a day (b/d) in 2017, from about...- Iroka Chinedu
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Business Shell Plans $2bn Annual Investment In New Energy Business
Chief executive officer of Royal Dutch Shell, Ben van Beurden, has said the company would be investing between $1-2 billion on annual basis in new energies and buying back at least $25 billion in shares, while ramping up focus on improving safety performance of its facilities and doubling its …...- curator
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Business Shell Appoints New VP For Nigeria
Shell has appointed Peter Costello as the new Vice President for Nigeria and Gabon. Costello succeeds Markus Droll who assumes a new role of Executive Vice President, Projects in Shell International based in Rijswijk, The Netherlands; THIS DAY reports. Commenting on his new appointment...- abujagirl
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Business NLNG Subsidiary Slashes Workers’ Salaries by 50% As Shell Discontinues Gas Supply
The Nigerian Liquefied Natural Gas Ship Management Limited, a subsidiary of the Nigeria LNG Limited, has slash Seafarers salaries by 50 per cent with effect from September 1. The decision is said to be in response to the more than 60 per cent reduction in the company’s revenues occasioned by...- ProfRem
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Business Shell Rules Out Repair Of Damaged Oil Facility
Royal Dutch Shell, the largest oil producing company in Nigeria, which has suffered series of attacks on its 48-inch Forcados export pipeline that links onshore storage tanks with an offshore port, has ruled out the repair of the pipeline for now. The Chief Financial Officer of Royal Dutch...- ProfRem
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Business Malabu Scandal: Shell Dragged into Nigeria Oil Corruption Probe
Oil giant Shell has been dragged into a corruption probe linked to a major offshore deal in Nigeria, the company confirmed on Wednesday. According to AFP, following revelations in the Italian media, the Anglo-Dutch oil multinational said that its offices had been “visited” by anti-fraud...- ProfRem
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Business Shell Confirms Plan to Sack 10,000 Workers
Royal Dutch Shell has confirmed it is cutting 10,000 jobs amid its steepest fall in annual profits for 13 years, BBC reports. Its chief executive, Ben van Beurden, said the company would take further action if necessary: "Shell will take further impactful decisions to manage through the oil...- ProfRem
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Metro Nigeria Ain't Broke, It Just Needs To Fix Its Tax System [TheGuardian]
In face of the economic hardship and global crisis, various reports indicated that Nigeria has lost billions of dollars because of the 10-year tax break given to Shell, Total and Eni, three of the world’s biggest oil and gas companies. That staggering $3.3bn (£2.3bn) revenue loss, in a country...- ProfRem
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Metro Jonathan’s Ally, Jide Omokore Arrested By EFCC Over Alleged Multibillion Dollar Deals
Operatives of the Economic and Financial Crimes Commission last Tuesday arrested Jide Omokore, an ally of former president, Goodluck Jonathan, and Chairman of Atlantic Energy Drilling Concepts Nigeria Limited in connection with a series of multi-billion dollar petrol import and crude export...- ProfRem
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Business Nigeria: NUPENG Kicks Against Shell, Chevron's Move to Sack 18,500 Workers
The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has moved to prevent the sacking of over 18,500 workers at oil companies to extend to Nigeria. A statement by its President, Mr. Igwe Achese, insisted that the union was worried and concerned about the purported sack threat of...- LequteMan
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- chevron nnpc nupeng shell
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