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.
Dutch court to rule on landmark Nigerian case against Shell
A Dutch appeals court is to rule Friday whether the country’s tribunals can hear a landmark case for damages brought by four Nigerians against oil giant Shell.
Shell to divest $15bn assets in 2yrs
The Financial Times, FT, quoting close sources to Shell, reported that the Anglo Dutch oil company planned to divest up to $15 billion worth of assets over the next two years.
Oil revenues up by N2.57bn as Shell reopens TNP
Nigeria’s crude output and oil revenue is set to increase by 150,000 barrels per day and $16.05 million, about N2.568 billion daily, as Shell Petroleum Development Company of Nigeria Limited, SPDC, yesterday, reopened a section of its Trans Niger Pipeline, TNP, gutted by fire three days ago.
Shell warns it may not meet production targets for crude exports
Shell warned on Friday it may not meet production targets for crude exports in Nigeria after it shut down a major pipeline repeatedly hit by sabotage and theft.
I am yet to see Shell establishing a refinery here – Nuhu Ribadu
Mallam Nuhu Ribadu of the defunct Action Congress of Nigeria (ACN) has disagree with the arguments that Nigeria is a failed country, saying that despite its present predicaments Nigeria still has “great promises” that could be converted to important gains. And that he would like t see Shell Shell establishing a refinery in Nigeria.
Shell postpones exports after pipeline ‘sabotage’
Anglo-Dutch energy giant Shell’s Nigerian subsidiary said Monday it has been forced to defer exports of 150,000 barrels of oil per day after thieves sabotaged its main pipeline.
Bodo residents reject Shell N7.5b ettlement over oil spills
Negotiations between Shell and Nigerian residents affected by two oil spills in 2008 failed to reach a compensation deal Friday, with residents’ lawyers calling the oil giant’s settlement offer “insulting.”
10,000 jobs at risk, as Chevron, Shell pull out from OKLNG
Nigeria’s unemployment situation is set to worsen, as the fate of about 10,000 workers in the Olokola Liquefied Natural Gas project, OKLNG, is currently on the line, following the pulling out of Chevron and Shell, which threatens the continuation of the project.
Crude oil theft: Shell recants, says it lost $250m not $700m
Shell Nigeria, Wednesday, denied claims that its parent company, Royal Dutch Shell, lost $700 million (N112 billion) in second quarter 2013, due to crude theft and other sundry issues in Nigeria, saying that the actual amount lost to operational difficulties in Nigeria is $250 million (N40 billion).
NNPC disagrees with Shell on $700m loss
Nigerian National Petroleum Corporation, NNPC, has disagreed with claims that Shell lost $700 million to oil theft in the second quarter of the year.
