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All posts tagged "petroleum development"

  • Shell producing from unlicensed oil blocks — Investigation

    Shell Petroleum Development Company, the Nigerian subsidiary of Royal Dutch Shell, is producing from some of the five shallow water offshore oil blocks more than four years after the leases had expired. A source at the company,...

    • Posted May 12, 2013
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  • Nigeria loses over $40billion investments in 2 years

    Nigeria is estimated to have lost more than $40 billion or N6.3 trillion investments in the last two years as a result of uncertainties in the oil and gas sector. Specifically, oil companies have held back over...

    • Posted April 2, 2013
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  • Oil workers threaten to suspend production over crude oil theft, insecurity

    WORKERS in the nation’s petroleum and gas industry, have expressed concerns over the alarming rate of crude oil theft and pipeline vandalism, saying it should no longer be tolerated The workers, uderthe aegis of Nigeria Union of...

    • Posted April 2, 2013
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  • Oil spills: Shell agrees to complete remediation of sites

    Anglo-Dutch oil giants, Shell Petroleum Development Company, SPDC, has agreed to complete the remediation of oil spill sites created by the operations of the company in Ejama and Bomu areas of the state. This was revealed in...

    • Posted March 5, 2013
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