National
Shell warns of economic plunge if sabotage persists in oil sector
4 years agoA photograph taken on April 30, 2022 shows the logo of the multinational oil and gas company Shell at a petrol station in Eltham, south east of London. - Britain has been hit hard by rocketing prices of gaz and fuel after the invasion of Ukraine by key gas producer Russia. Britain has vowed to become carbon net zero by 2050, but recently announced plans to drill for more North Sea fossil fuels as it seeks to secure energy independence and axe Russian imports. (Photo by Ben Stansall / AFP)
Shell Petroleum Development Company of Nigeria (SPDC) has warned that if oil theft is not tackled urgently, the country could, in the future, be spending 50 per cent of its yearly budget on clean up.
