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Shell, partners shelled $42.2 m to help Nigerians

Total expenditure on direct social investments by the three Shell companies in Nigeria and their partners in 2023 was $42.2 million, a 23% increase compared to $34.29 million in the previous year. Shell exclusively spent $14.1 million. This was a…

Putin dismisses Europe as military pushover

Vladimir Putin has warned that Europe is “defenceless” and unprepared for a nuclear conflict with Russia. In a typically bellicose speech at the St Petersburg Economic Forum this week, Putin also predicted that Nato would fail to protect Europe in…

NCDMB to reposition NCIF for higher impact

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has tasked the custodians of the Nigerian Content Intervention (NCI) Fund and the parent Nigerian Content Development Fund (NCDF), to strive for greater efficiency and impact of the fund in…

Toyota urges continued use cars that failed tests, halts production of three models

Results from Toyota’s investigation into testing methods and certification methods in crash testing found wrongdoing as it pertains to seven different models. This comes two years after certification issues cropped up at Toyota Group companies, including Hino Motors and Daihatsu,…

NNPC bags NIMASA certification on ship, port security

 Sopuruchi Onwuka The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence. NNPC’s Executive Vice President, Business Services, Mr. Inuwa Danladi, disclosed this while speaking on the recent certification of…

NNPC commissions 1 of 7 CNG stations

Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited says it is rolling out about seven filling stations for motorists and sundry users of compressed natural gas (CNG) as cheap alternative to the costly and widely used petrol. The national…

Nedogas set to activate 300 MMscfd Kwale gas facility

Sopuruchi Onwuka The Minister of State for Petroleum Resources (Gas), Rt. Honorable Ekperikpe Ekpo, will on June 6 formally commission the Kwale Gas Gathering (KGG) and injection facility, marking a significant step in the gas monetization programme of the government….

Shell-led firms hauled $142m at NDDC in 2023

Sopuruchi Onwuka A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo). Shell stated that its…

Bonga is Asset of the Year in Shell Group

Nigeria’s premier deep-water development, Bonga, operated by Shell Nigeria Exploration and Production Company Limited (SNEPCo) has won the coveted Asset of the Year award in the Shell Group for 2023. Shell’s ,edia team in Nigeria stated that the award would…

NNPC Ltd, Schlumberger in deal to boost upstream operations

Sopuruchi Onwuka The NNPC Energy Services Limited (EnServ), a business arm of the Nigerian National Petroleum Company (NNPC) Limited has struck as technical collaboration deal with a European services multinational, Schlumberger, to bolster upstream oilfield operations. Spokesman of NNPC Limited,…