Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), have paid Nigerian National Petroleum Corporation, NNPC, Federal Inland Revenue Service, FIRS,    Department of Petroleum Resources and others $6.397 billion    as production entitlement and tax in 2018.

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. This latest move brings the fund size to $2.4 billion.

Victor Ogunyinka The Nigeria Liquefied Natural Gas (NLNG) and Nigerian Content Development and Monitoring Board (NCDMB) have signed off the commencement of Train 7 content plan. The event was attended by the Managing Director, NLNG, Engr Tony Attah, Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, Deputy MD, NLNG, Sadeeq Mai-Bornu, […]

Shell Petroleum Development Company (SPDC) says it is spending $5 million (N1.8 billion) to finance some projects in the Nigerian Maritime University (NMU), Okerenkoko in Delta.

Royal Dutch Shell has disclosed that it does not have plans to declare force majeure on Bonny Light exports after a fire in an area around a key pipeline.

President of Movement for the Survival of the Ogoni People, MOSOP, Fegalo Nsuke, has described the conduct of Shell Petroleum Development Company, a subsidiary of Royal Dutch Shell, in Ogon, Rivers State, as a national shame and crime against humanity.

The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners signed a Final Investment Decision agreement for a 300 million cubic feet of gas on Wednesday in Abuja at a ceremony witnessed by the Managing Director of Total Exploration and Production Nigeria Limited, Mr. Nicholas Terraz and the Managing Director of Nigeria Agip Oil Company Limited, Mr. Lorenzo Fiorillo. SPDC had announced taking FID last December on the Assa North Gas Development Project which is one of the Seven Critical Gas Development Projects of the Federal Government.

The Nigerian National Petroleum Corporation, NNPC, and its Joint Venture partners – Shell Petroleum Development Company, SPDC, Total Exploration and Production Nigeria, TEPNG, and Nigeria Agip Oil Company, NAOC – have reached Final Investment Decision, FID, on the development of the 4.3 trillion cubic feet Assa North/Ohaji South Fields, ANOH, in Oil Mining Lease, OML, 21.

Royal Dutch Shell on Thursday said that net profit surged 80 percent to $23.4 billion in 2018, thanks to higher oil prices and cost cuts.

An Italian judge, Giusy Barbara, found out on Monday that Eni and Royal Dutch Shell were fully aware that their 2011 purchase of Nigeria’s Oil Prospecting Lease (OPL 245) would result in corrupt payments to Nigerian politicians and officials.

Crude oil production from the deepwater asset of the Shell Nigeria Exploration and Production Company (SNEPCo), Bonga field, has reached over 800 million barrels.

AN Italian judge found, yesterday,  that Eni and Royal Dutch Shell were aware that their 2011 purchase of the Malabu oil block would result in corrupt payments to Nigerian politicians and officials.

Shell Nigeria Exploration and Production Company (SNEPCo) yesterday, said its deep-water exploration, the Bonga vessel in the past 13 years has produced over 800 million barrels of crude oil.

The Federal Government said it had filed a 1.1 billion dollar lawsuit against Royal Dutch Shell and Eni in a commercial court in London  in relation to a 2011 oilfield deal in Nigeria.

SHELL has  dismissed as untrue insinuations in several quarters that it has moved out of Delta State.