All posts tagged "Shell"
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Nigerian, British firms agree 27 partnerships in Shell sponsored-collaboration
A total of 27 partnerships have been agreed by Nigerian and British companies under the auspices of the annual Nigeria-UK engagement programme sponsored by the Shell Nigeria Exploration and Production Company Limited (SNEPCo). The partnerships cover a...
- Posted July 12, 2015
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Aiteo Group reiterates majority ownership of shares in Shell’s lucrative OML 29
The hot news in African’s largest economy, oil industry, is the sharp disagreement between Aiteo Group and Taleveras, as both companies are claiming independent majority ownership of Royal Dutch Shell’s Nigerian oil block, Oil Mining License 29....
- Posted October 11, 2014
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Saraki says N8bn fines FG slapped on Shell, Chevron is unconstitutional
Chairman, Senate Committee on Environment, Mr. Bukola Saraki has declared as unlawful and unconstitutional, the $8 billion fines being sought by the Federal Government of Nigeria against Royal Dutch Shell and Chevron for oil spills in the...
- Posted February 2, 2013
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Dutch Court orders Shell Nigeria to pay damages for oil spills
A Dutch court on Wednesday rejected a bid by a group of Nigerian farmers to have Shell’s parent company held responsible for oil damage, saying only subsidiary Shell Nigeria was responsible for one oil leak. The court...
- Posted January 30, 2013
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Shell Shuts in 25,000 Barrels Over Crude Theft
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has shut down the Imo River Trunk line in its Eastern operations after several crude theft points were found on it. The production of 25,000 barrels of oil...
- Posted November 12, 2012
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Shell Blames Oil Thieves for Production Shut-in After Fire
Shell’s Nigerian unit shut its Bonny oil pipeline and deferred 150,000 barrels per day of production on Sunday after oil thieves caused a fire, the company said. “Shell … has shut the 28-inch Bomu-Bonny Trunkline after discovering...
- Posted October 1, 2012
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N 155 billion Oil Block Scam: We merely acted as Facilitators – FG
After remaining silent for nearly a week as more and more shocking revelations surfaced in the Nigerian media, the Federal Government has finally issued a statement on the N 155 billion oil block scam. In a statement...
- Posted May 28, 2012
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Nigeria Loses Over $500 Million Monthly Due to Crude Bunkering – Shell
Shell Petroleum Development Company (SPDC) has raised an alarm concerning heightened oil theft activities on its Nembe Creek Trunkline (NCTL). According to shell over 140,000 barrels per day conservatively valued at $ 16 million/day and $480 million/month...
- Posted February 7, 2012
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NIMASA Accuses Shell of Cover-up as Oil Major Reports Fresh New Spill
The Nigerian Maritime Administration and Safety Agency (NIMASA) has rebuked Shell for not taking full responsibility for the colossal oil spill, at its Bonga facility, the multinational oil major reported late December. Shell had earlier released statements...
- Posted January 4, 2012
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Pipeline explosion leads to Shell force majeure
An explosion at a pipeline in Nigeria has led Shell to declare force majeure on some crude oil exports from the country for almost three months. The Anglo-Dutch supermajor was informed of a leak on the Trans...
- Posted October 11, 2011