Shell
3 days ago
The Nigerian Content Development and Monitoring Board (NCDMB) has linked the recent $5.5 billion final investment decisions (FIDs) by TotalEnergies and Shell to local initiatives like the Nigerian Oil and Gas Opportunity Fair (NOGOF).
18 Mar
Global Gas & Refining Limited (GGRL) Tuesday condemned the sale of Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance Africa Energy Holdings, describing the transaction as a violation of Nigeria’s judicial system. In a statement, Global Gas Chairman, Kenneth Yellowe, criticised the March 13, 2025 announcement, accusing Shell of proceeding with the sale…
17 Mar
ND Western has announced the completion of the acquisition of Shell Petroleum Development Company (SPDC) by Renaissance, a consortium comprising four leading Nigerian independent energy companies—ND Western Limited, Aradel Holdings Plc, FIRST Exploration and Petroleum Development Company Limited, Waltersmith Group—and an international energy company, Petrolin Group. The $2.4 billion landmark acquisition marks a significant milestone…
16 Mar
The House of Representatives Public Accounts Committee (PAC) has recovered $19,241,109.35 (N28.7 billion) from two oil companies indebted to the Federation Account. The panel has also successfully recovered N199.3 million out of an outstanding N6.8 billion, comprising excessive charges levied between March and October 2015 and unremitted Value Added Tax (VAT) on transactions processed via…
13 Mar
Although the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has remained mum over the divestment of Shell Petroleum Development Company of Nigeria (SPDC), the Nigerian consortium acquiring the assets announced yesterday that the deal has been completed. NUPRC, in October last year, publicly declined approval for the sale as criticism and a series of legal battles…
7 Mar
His Royal Highness King Godwin Bebe Okpabi of Ogale Kingdom in the Niger Delta has told the High Court in London that Shell has left his people with undrinkable water because it has been contaminated by their activities. The Guardian UK reported that the monarch also took along bottles of water drawn from the wells…
21 Feb
The Shell Petroleum Development Company of Nigeria (SPDC) on Friday announced that it has shut crude feeds into the 16 inch Nun River-
12 Feb
The clean-up project in Ogoniland in the Niger Delta region by Shell has been described as a "con" and a "scam" that has wasted money and left the people of the land to continue living with the devastating impact of oil pollution—13 years after a ground-breaking UN report exposed the seriousness of their situation. The…
12 Feb
Nigeria can meet oil production targets and implement ambitious development programmes from deep-water oil and gas operations if it continues with policies to encourage investments and boost output in the sector, Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Ronald Adams has said. “Deep water is a compelling consideration for Nigeria if the…
6 Feb
The House of Representatives has called on the Federal Government to halt the divestment of oil assets by Shell and TotalEnergies
30 Jan
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.
23 Jan
The House Committee on Public Accounts is beaming its searchlight on the Central Bank of Nigeria (CBN) and Shell Petroleum over alleged money laundering, fraudulent deductions, and other financial crimes by their staffers. The committee, chaired by Mr Mike Etaba, dropped the hint during the hearing of a petition by Maiden Systems Ltd against Sterling…
Latest
1 hour ago
Abigail had a sweet spirit and this was what enabled her to live with a man as hard and selfish as Nabal. Any man who has a wife like Abigail should be grateful and treat her like a queen.
2 hours ago
Living in total freedom from sin is the hallmark of a godly character that derives his strength from obedience to God's word. He does everything in righteousness and yields to the leading and guidance of the Holy Spirit.
2 hours ago
God demands obedience in all His walk with man. Whosoever or whatsoever you are, as long as you are walking with God, not minding your social status, God wants you to obey Him. Obedience to God entails you run away from sin and obey every instruction from Him.
2 hours ago
The country music artiste, Don Williams, once sang: “It’s gonna come from the heart if you want it to work.” Lent is a time that calls us to a close examination of our lives before God. It could also be called a time of spiritual stocktaking
2 hours ago
My name is Brother Chibeze Success Malachi. I joined the Lord’s Chosen in United Arab Emirate (UAE) in 2007. I thank God for the grace to be a Chosen.
3 hours ago
The Bible teaches us not just to love one another, but also to continue in love for one another. Love is a deep and tender feeling of affection for or attachment of a devotion to a person or persons. Love is the nature of God because God is love.
3 hours ago
Gazing on God in adoring contemplation infuses into our hearts a holy fear of the Lord. Jesus did not work independent of God the Father, but in union with Him. This should give us even more assurance of being welcomed into God’s presence and being protected by Him.
1 day ago
In a major breakthrough in the fight against child trafficking and missing persons, the FCT Police Command has successfully rescued 23 children from a suspected child trafficking syndicate operating under the guise of an orphanage in Kubwa, Abuja. On March 20, 2025, at around 12:05 PM, following credible intelligence on suspicious activities at Mother Deborah…
1 day ago
The city of Avila near Madrid was partially under water on Saturday as authorities mobilised to deal with the flooding, caused by weeks of intense rainfall across Spain. Television images showed several neighbourhoods in Avila, a city famous for its fortifications located about 100 kilometres from the Spanish capital, and surrounding agricultural areas completely flooded…
1 day ago
Stakeholders have urged the federal government to strengthen local production and supply chain of horticulture and grapes to enable Nigeria to benefit from the 43 billion euros European Union Horticulture and Grape Import Market. The stakeholders stated this at a webinar organised by the EU-Nigeria Agribusiness Platform under the platform's monthly informational webinar series, with…