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.
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An 88-year-old man from the French island of Reunion was sentenced on Monday to 20 years in prison for killing his ill wife and her in-house carer, a judicial source said Tuesday. The accused, a retired teacher, said that he had acted out of compassion because his 78-year-old spouse suffered from Alzheimer's disease. The double…
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Manchester United have spoken to Alejandro Garnacho after the winger liked social media posts criticising manager Erik ten Hag over his handling of the player. The Argentina international, taken off at half-time in their 2-2 draw at Bournemouth on Saturday, liked two messages on X, by United fan and YouTuber Mark Goldbridge. One post accused…
20 mins ago
The Federal Government said it is planning to reduce the cost of tax expenditure and ensure tax incentives aimed at impacting the economy positively. The Ministry of Finance made this known on Monday in a statement by spokesperson, Mohammed Manga. Manga said to achieve this, the Minister of Finance and Coordinating Minister of the Economy,…
28 mins ago
Meta's oversight board said Tuesday it is scrutinising the social media titan's deepfake porn policies, through the lens of two cases. The move by what is referred to as a meta "supreme court" for content moderation disputes comes just months after the widespread sharing of lewd AI-generated images of megastar Taylor Swift on X, formerly…
39 mins ago
The Federal Government has concluded the allocation for the first batch of completed houses across the 36 states of Nigeria. Salisu Haiba, spokesperson for the Permanent Secretary of the Ministry of Housing and Urban Development, Dr. Marcus Ogunbiyi disclosed this in a statement. Ogunbiyi said the first batch of the allocation process for successful applicants…
46 mins ago
The Air component of Operation Hadarin Kai (OPHK) has executed a precision airstrike on the hideouts of ISWAP terrorists nestled within Kolleram village along the shores of Lake Chad. The operation, conducted on April 13, 2024, reportedly yielded significant success as the Battle Damage Assessment (BDA) post-strike conducted revealed the neutralization of over 30 terrorists.…
50 mins ago
A lecturer at the Federal College of Education (Special), Oyo, in Oyo State, Alabi Ogundeji, has explained why he took part in the invasion of the Oyo State Government Secretariat last Saturday. Ogundeji was part of the 21 Yoruba Nation agitators paraded on Monday by the Oyo State Commissioner, Hamzat Adebola. He, alongside other agitators…
2 hours ago
The body of a fourth construction worker who died after a bridge collapsed when it was struck by a container ship in the US city of Baltimore last month has been recovered, officials said Monday. The Francis Scott Key Bridge, a major transit route into the busy city and port of Baltimore, collapsed on March…
2 hours ago
The UK parliament will on Tuesday kick off its first debate on Prime Minister Rishi Sunak's planned legislation to prevent young people from ever smoking, despite opposition from many in his own Conservative Party. The law would ban the selling of tobacco products to anyone born after January 1, 2009 –- effectively raising the smoking…
2 hours ago
The UK government announced Tuesday that it will legislate to criminalise the creation of sexually-explicit "deepfake" images. Anyone found guilty of creating fake sexual images of people without their consent will face a criminal record, an unlimited fine and even jail if the image is widely shared, according to the government. "It is another example…
