The Federal High Court, Abuja, on Friday, ordered the Federal Government to renew the operating licence of the Shell Petroleum Development Company (SPDC). Justice Taiwo Taiwo, who delivered the judgment, said that though the company had applied for a term of 30-year period for the Oil Mining Lease (OML) 11, the judge however granted a […]
Nigeria is set to lose an estimated $6 billion in revenue to international oil companies, Shell and Eni, over the deal on the controversial oil block, widely known as Oil Prospecting License (OPL) 245. The prediction is according to icir.org. Leaked emails and confidential documents also showed that the oil giants might have used unethical […]
Amnesty International announced yesterday that its ground-breaking research project has exposed evidence of serious negligence by oil giants, Shell and Eni, as their irresponsible approach to oil spills in the Niger Delta is exacerbating an environmental crisis. Through the Decoders network, an innovative platform developed by Amnesty International to crowd source human rights research, the […]
Bayelsa State Governor, Henry Seriake Dickson has called on the Ministry of Niger Delta, Niger Delta Development Commission (NDDC) and other development partners to support his massive investments in Education and Security by supporting the Education and Security Trust Fund in the state. Dickson made the call on Tuesday at the quarterly meeting […]
Two days after a proof was published, Royal Dutch Shell Plc said yesterday it knew that part of the $1.1 billion paid to the Nigerian Government in 2011 as settlement for an exploration license would go to Malabu Oil and Gas Ltd, which is linked to former Minister of Petroleum, Mr. Dan Etete. Nevertheless, the […]
Shell Nigeria has stopped production at Nigeria’s Bonga oil field. This is as a result of maintenance works being carried out on the field and expected to last for a month. Shell Nigeria in a statement said that Bonga, is expected to resume production sometime in April, without giving any specific date for resuming production. […]
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