Shell lifts force majeure on Bonny Light export
SHELL Petroleum Development Company of Nigeria, SPDC, Thursday, lifted force majeure on Bonny Light exports, thus signalling the official export of the crude oil grade from Nigeria. The force majeure was placed to protect the company against any liability from importers in different parts of the world after the destruction of its Nembe Creek Trunk pipeline.
Shell to invest in new multi-billion dollar gas project
Shell Petroleum Development Company Limited, SPDC, has concluded plans to develop a new gas project in the Niger Delta.
Nigeria’s oil output hits over 2.0m bpd as Shell lifts force majeure on forcados
Shell Petroleum Development Company Limited has officially lifted force majeure on exports of Nigeria’s Forcados crude oil, thus increasing the nation’s oil output by additional 200,000 barrels per day.
Reps query Shell, Agip on non-disclosure of crude oil deals
The House of Representatives adhoc committee on $17billion undeclared stolen crude yesterday queried oil giants, Shell Petroleum Development Company of Nigeria limited and Agip Nigeria, over non-disclosure of crude oil deals from January 2011 to December 2014.
SNEPCo’s Bonga produced 702mn b/d in 12 years
SHELL Nigeria Exploration and Production Company (SNEPCo), has stated that it’s deep-offshore Floating, Production, Storage and Offloading (FPSO) at Bonga has produced over 702 million barrels of oil since inauguration in 2005, stressing that the field is currently operating at more than 92 percent capacity due to constant maintenance.
Shell expresses commitment to deepwater investment
SHELL Petroleum Development Company, SPDC has expressed commitment to invest in deepwater oil and gas exploration in Nigeria and other parts of the world.
That Shell’s claim of social corporate responsibility
The company needs to do more than offering just 60 postgraduate scholarships to indigenes of the region; the subsurface research centre it built at the University of Ibadan is also misplaced; why would Shell build such a centre in a place where it has never extracted a drop of oil?
Shell not relocating operational base from P-Harcourt —Senate
THE Senate yesterday, said Shell Petroleum Development Company, SPDC, was not relocating its operational base from Port Harcourt, Rivers State, to Lagos, as being speculated.
NAPIMS, Shell, Total, Agip disagree over selection of gas projects for $10bn LNG trains 7, 8
The National Petroleum Investment Management Services (a subsidiary of the Nigerian National Petroleum Corporation), Shell, Total and Agip – have disagreed over the selection of new gas projects for the $10 billion Liquefied Natural Gas, LNG trains 7 and 8.
Shell to invest $25 billion in Nigeria, other countries
Oil giant, Royal Dutch Shell, has announced plans to invest about 25 billion dollars this year in Nigeria and all its oil and gas operation across the world.
Shell knew about Nigeria oil kickbacks, corruption watchdogs allege
Corruption watchdogs alleged Monday that Shell executives knew that money earmarked for a controversial oil deal was being used to bribe senior Nigerian officials, a claim rebuffed by the petroleum giant. The allegations by Global Witness and Finance Uncovered refer to the 2011 purchase by oil giants Shell and Eni of OPL245, an offshore oil […]
Top Shell bosses indicted over OPL 245 oil field scandal
NEW evidence against Oil giant Shell show that its top bosses were aware of bribes paid for the acquisition of Nigerian oil field OPL 245 in 2011.
Reps probe Shell’s planned relocation from Rivers
TO forestall crisis that could ensue in respect of the planned relocation of Shell Petroleum Development Company, SPDC, from Rivers State, the House of Representatives, yesterday, inaugurated an Ad-hoc Committee to investigate reasons behind the proposed relocation.
Reps wade into Shell’s planned relocation from Rivers
The Speaker, House of Representatives, Yakubu Dogara on Thursday called for a thorough investigation into the planned relocation of the head office of Shell Petroleum Development Company (SPDC) from Rivers.
Bodo Clean up: Shell to begin clean up next month
THE Chairman, Bodo Mediation Initiative (BMI) Inemo Samiama, has said that clean-up work at Bodo community will begin next month after two spills in 2008.
$406.8m shortfall: Court adjourns FG’s suit against Shell
A Federal High Court sitting in Lagos, yesterday, adjourned till May 31 and June 1, 2017, to hear a suit by the Federal Government, against Shell Western Supply & Trading Ltd, over the sum of $406.8 million, representing the shortfall of money paid by the company into government account with the Central Bank of Nigeria, CBN.
