Posts Tagged ‘Shell’
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BREAKING: FG to renew Shell’s licence, Court orders

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 to lose $6 Billion in Revenue

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 […]

OIL SPILLS | Amnesty International Accuses Shell, Eni Of Negligence

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 […]

N/Delta: Dickson meets stakeholders, makes case for strategic development

    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 […]

Royal Dutch Shell Plc admits knowledge of Malabu’s OPL 245 settlement deal

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 […]

Oil Giant Shell shuts down Bonga deep water field, reducing Nigeria’s oil production

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. […]