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.

THERE are indications that about 18 communities may have to suffer owing to recent spills emanated from the Aghoro and Odimodi communities in Bayelsa and Delta State respectively.

ABUJA—THE Pan-Niger Delta Forum, PANDEF, led by South South leader, Chief Edwin Clark, yesterday, opposed the planned sale of Belema oil field, OML 25,  by Shell Petroleum Development Company, SPDC, to Chrester Nigeria Ltd.

A Milan judge on Thursday sentenced two men to four years in prison in the first ruling of a corruption case involving oil giants Eni and Shell in Nigeria, a judicial source said.

Shell Petroleum Development Company Limited, SPDC, has denied its involvement in the $1.3 billion Malabu oil deal as an Italian court plans to rule on the case.

 Royal Dutch Shell announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations.

Oil giant, Shell, has reportedly initiated negotiations with local oil producers for selling two of its Nigerian oil licences in the Niger Delta, collectively worth $2 billion.

Governor Ifeanyi Okowa of Delta State has assured Shell Petroleum Development Company , SPDC, that the state government remains continually committed, along with security agencies, to ensuring that the attractive peaceful atmosphere for investment is sustained and maintained.

INDIGENES of Aghoro, a coastal settlement along Ramos River in Ekeremor Local Government Area, Bayelsa State, have raised the alarm over the alleged intimidation of its community leaders involved in the investigation of an oil spill that occurred in the area.

Total has signed a binding Letter of Intent (LOI) with Shell for the sale of its 26 per cent minority equity stake in Hazira LNG regasification terminal in India. The transaction remains subject to the approval of regulatory authorities.