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Bayelsa seeks more investments from SPDC
Bayelsa State Government has called for better collaboration with The Shell Petroleum Development Company of Nigeria Limited (SPDC) to enable more investments in the state, and to give more value to people of Bayelsa. The state’s Deputy Governor, Lawrence Ewhrudjakpo,…
Supreme Court halts Shell’s oil asset divestment
Sopuruchi Onwuka Schemes by Shell Petroleum Development Company (SPDC) to recover its investments in the Niger Delta and walk away after years of deep seated pollution have been halted by the nation’s Supreme Court which ruled that the company is…
Nigeria loses $1.7 bn suit against JPMorgan Chase
Sopuruchi Onwuka Federal government has lost its case seeking princely $1.7 billion claims from New York based American multinational investment bank and financial services holding company, JPMorgan Chase. The claims sought by government included some hundreds of million dollars paid…
Heirs Holdings, ND Western stand out as Shell closes bid on JV stake
Two indigenous oil companies are expected to proceed with efforts to buy up the 45 percent stake in the oil and gas assets operated by Shell under a joint venture agreement with government and two other companies. The Oracle Today…
Shell unveils new energy business line in Nigeria
Global energy company, Shell, has announced a new business line in Nigeria to expand natural gas marketing and sales to meet the rapidly growing energy needs of wholesale customers and provide more and cleaner energy solutions in the country. Building…
OML 11: Shell dares FG at Supreme Court
Sopuruchi Onwuka Shell Petroleum Development Company (SPDC) Nigeria Limited is pressing ahead with contest over operating right on the Oil Mining Lease (OML) 11 onshore Niger Delta, brushing aside advice by the Nigerian National Petroleum Corporation (NNPC) to cease fighting….
NPDC reenters OML 11 with new operating model
…As NNPC warns Shell against further contest Sopuruchi Onwuka Nigerian National Petroleum Corporation has declared resumption of operations of production activities by its exploration and production unit, Nigerian Petroleum Development Company (NPDC) at Oil Mining Lease (OML) 11 area onshore…
Shell formally trusts its deepwater portfolio in Mrs Aiboni
Sopuruchi Onwuka Royal Dutch Shell has formally eased off the Managing Director of its deepwater business portfolio in Nigeria, Mr Bayo Ojulari, replacing him with already nominated designate, Mrs Elohor Aiboni. The company announced Elohor Aiboni as the Managing Director…
