Tag Archives: SHELL

Oruma(Yiba-ama) community of the Ogbia council area of Bayelsa state has promised that it will continue to utilize finances accruing to the community for developmental projects and programmes

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Shell has today announced profits of nearly £8.2bn ($9.5bn) between July and September, more than double what it made during the same period the year before.

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Shell Petroleum Development Company of Nigeria (SPDC) and partners have remitted about $2 billion ( N720 billion) to the Niger Delta Development Commission (NDDC) in 16 years.

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As part of its measures to decarbonise shipping, Oil and gas major, Shell has reached agreements to charter a fleet of up to fourteen new liquefied natural gas-fueled crude oil and products tankers,

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By Amos Okioma Shell Petroleum Development Company (SPDC) on Monday decried the high rate of vandalism on its pipeline network at its oilfields in Bayelsa resulting to oil leaks and pollution of the environment. Mr Bamidele Odugbesan, the Media Relations Manager at SPDC said that the oil firm regrets incessant spills and was committed to maintaining environmentally sustainable operations. He …

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Oando Plc, Nigeria Agip Oil Company (NAOC), Shell Petroleum Development Company (SPDC), other indigenous and international oil companies in partnership with the Nigerian National Petroleum Corporation (NNPC) have signed agreement to implement gas projects worth $3.7 billion. The gas projects tagged ‘Seven Critical Gas Development Projects (7CGDP)’ is set to bridge the gas supply shortfall in the country. The 7CGDP …

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–Claims Oil Giants Against President’s Reelection –Wants Agip’s MD Interrogated The Grassroot Movement Against Corruption (GMAC), has called on President Muhammadu Buhari to immediately direct the Economic and Financial Crimes Commission, (EFCC), the National Security Adviser and Directorate of State Security (DSS), to beam their searchlights on the alleged $2 billion corruption scandal in the award of OPL 245 Zabazaba …

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Nigeria’s oldest energy company, Shell, has said it is reviewing its Nigeria strategy but that it does not involve quitting the country. The Country Chair of Shell Companies in Nigeria, Osagie Okunbor, said in a video post from Lagos, that Shell was in Nigeria to stay and wanted to continue, “to play this role well into the future.” Royal Dutch …

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Royal Dutch Shell has resumed crude exports from its Forcados terminal in Nigeria after production was disrupted following repeated attacks by militants in the restive oil-producing region, a company spokesman said Thursday. The resumption will see Nigeria’s oil production rebound to around 2 million barrels per day (bpd), adding more barrels to the market at a time when the Organization …

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Net profit at Royal Dutch Shell increased more than sevenfold in the first quarter as oil prices recovered from heavy declines, the energy giant said on Thursday. Profit after tax came in at $3.538 billion (3.240 billion euros) in the three months to March, compared with $484 million in the first quarter of 2016, the Anglo-Dutch group said in a …

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