Shell
20 Feb
... Uzoka-Anite seeks cheaper energy for manufacturers African Development Bank (AFDB) and Shell Petroleum Development Company (SPDC)-Nigeria have expressed willingness to invest in the Nigerian Gas Infrastructure. The commitment was extracted by Dr. Doris Uzoka-Anite, Honourable Minister of Industry, Trade and Investments, in two separate meetings in furtherance of her goal of attracting funding to…
12 Feb
The Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has completed the supply of over 475,000bbls of crude oil to the Port Harcourt Refining Company Limited (PHRC). Managing Director and Country Chair of Shell Companies in Nigeria, Osagie Okunbor, in a statement, said Shell resumed the supply last week. Okunbor said the supply…
9 Feb
French energy giant TotalEnergies is set to sell its onshore business in Nigeria, its CEO Patrick Pouyanne has said, noting that operation in the Niger Delta is a "real difficulty." Another oil major Shell announced last month that it was selling its onshore property—the Shell Petroleum Development Company(SPDC)—after decades of operation in the sector in…
4 Feb
Shell Petroleum Development Company of Nigeria Limited (SPDC) has concluded plans to supply gas to Dangote Fertiliser and Petrochemical Plant in Lekki for 10 years. The final investment decision involves SPDC and its joint venture partners - Nigerian National Petroleum Company Limited, TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company. "This investment decision is…
1 Feb
Shell said Thursday that profit more than halved in 2023 on lower oil and gas prices, after rocketing to a record the previous year on the Ukraine conflict.
24 Jan
The Ejalawa Community in Oken-Ogosu in Egbalor Ebubu/Eleme in Rivers State has raised lamentation over the alleged selling of Nigerian onshore property by Shell Petroleum Development Company Limited without complying with the court order made in its favour of the community. Its Chairman, Erastus Olungwe, in a statement, said Federal High Court in Owerri, Imo…
23 Jan
United States-based Ogoni advocacy groups, Centre for Democracy, Human Rights, and Anti-Corruption (CDHRAC) and the National Union of Ogoni Students (NUOS) International USA, have called for a referendum among Ogoni people, home and abroad, to determine whether oil production can resume in Ogoniland or not after addressing the demands that led to the stoppage of…
19 Jan
Minister of State for Petroleum (Oil), Heineken Lokpobiri, said the federal government would not delay the sale of assets of Shell if necessary clearances are done.
19 Jan
Corporate Accountability and Public Participation Africa (CAPPA) has called on the Federal Government to prevent Shell Petroleum Development Company of Nigeria Limited (SPDC) from selling its onshore oil business without addressing its historical environmental damages in Nigeria.
19 Jan
ND Western, a Nigerian energy company, has announced the signing of a landmark transaction with Shell International PLC to acquire its entire shareholding in The Shell Petroleum Development Company of Nigeria Limited (SPDC). The signing was done through Renaissance Africa Energy Company Limited. Renaissance is a consortium consisting of ND Western Limited, Aradel Holdings Plc,…
16 Jan
In a game-changing move for the Nigerian oil sector, Renaissance Africa Energy has reached a groundbreaking agreement with Shell to acquire its entire shareholding in The Shell Petroleum Development Company of Nigeria Limited (SPDC). Renaissance is a consortium consisting of ND Western Limited, Aradel Holdings Plc. the Petrolin Group, FIRST Exploration and Petroleum Development Company…
2 Jan
Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, said the oil and condensates production target of 2.6 million barrels per day (bpd) by 2026, is an ambitious jump from 2023 levels of around 1.6 million bpd.
Latest
7 mins ago
Sir Chikwe Udensi, a security consultant with the International Criminal Police Organization (INTERPOL), has urged Abia State governor, Dr Alex Otti, not to mix his good works with some falsehood when passing information to the people. Udensi, a chieftain of the All Progressives Grand Alliance (APGA), said that he is disturbed at the way the…
45 mins ago
The Kaduna State House of Assembly Ad-Hoc Committee has set up a committee to investigate the administration of former Governor Nasir El-Rufai. The committee, established during the Assembly's sitting on April 16th, has requested a comprehensive set of documents from the state commissioner of finance. The probe will include details of all loans acquired during…
2 hours ago
Hearing in two separate money laundering suits filed by the Economic and Financial Crimes Commission (EFCC) against British national, James Nolan, could not proceed on Wednesday at a Federal High Court, Abuja.
3 hours ago
Iranian goalkeeper Hossein Hosseini has been banned by the Iranian Football federation for Hugging a female fan after a football game. The goalkeeper was banned and fined of approximately #6.2Million for his actions which is against the country's policy as far as both genders are concerned. The incident unfolded when a female supporter's hijab slipped,…
4 hours ago
Dr. Umar Ganduje, the National Chairman of the All Progressives Congress (APC), has said that the party would provide solutions to the challenges bedevilling the country. Ganduje stated this during the APC grand finale campaign and the presentation of party flags to the 11 local council chairmanship candidates, on Wednesday in Gombe. The News Agency…
4 hours ago
Nigerian chess master and founder, ‘Chess in Slums Africa’, Tunde Onakoya has returned to Nigeria after he broke the Guinness World Record for the longest time playing chess without losing a game. Onakoya broke the record of Norwegian players, Hallvard Haug Flatebø and Sjur Ferkingstad, who played for 56-hour, 9-minute in 2018. He made his…
4 hours ago
The Rivers Commissioner for Finance, Mr. Isaac Kamalu, resigned his appointment on Wednesday. He is the second commissioner to resign from the cabinet on Wednesday after Gov. Siminialaye Fubara, announced a slight cabinet reshuffle on Tuesday. The first to resign was Prof. Zacchaeus Adangor, Attorney-General and Commissioner for Justice. In the cabinet reshuffle, the governor…
4 hours ago
In furtherance of efforts to sanitize the mining sector, the federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining, and quarrying Licenses, six months after revoking 1,663 licences. The revocation licences include 528 exploration licenses; 20 mining licences; 101 quarry licenses, and 273 Small Scale Mining Licenses (SSML). Minister of Solid Minerals…
4 hours ago
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform into a smartphone camera as they learn how to sell the clothes to overseas TikTok users. It is the final day of a two-week course on selling products abroad via the short video app -- which despite…