Shell
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…
22 Jan
A Federal High Court in Abuja has commenced hearing of a suit filed by Global Gas and Refining Limited, seeking an order restraining Shell Petroleum Development Company of Nigeria Limited (SPDC) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) from selling its onshore asset to Renaissance, a consortium made up of ND Western, Aradel Energy,…
3 Jan
The divestment of onshore and shallow water assets by International Oil Companies (IOCs) in Nigeria could enable indigenous oil producers to control up to 70 per cent of the country’s oil production. Oluseye Ekun, Chairman of the Management Session Committee at the Nigerian Association of Petroleum Explorationists (NAPE), disclosed this, noting that IOCs, including Shell,…
18 Dec
In a statewide protest, a coalition of Niger Delta groups, civil society organisations, and community leaders have called on President Bola Tinubu to halt the proposed divestment of Shell and TotalEnergies’ assets in the region.
16 Dec
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. In a post on its website, the company said Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and…
16 Dec
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced its final investment decision (FID) for the Bonga North deepwater project off the coast of Nigeria. Bonga North, a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility, is expected to sustain oil and gas production…
16 Dec
The Shell Petroleum Development Company of Nigeria (SPDC) on Monday said the reported oil leak from the Bonny Oil Export Terminal will not affect oil exports. SPDC noted that the incident affected only a section at one out of the three loading buoys, which has been isolated. Mrs Gladys Afam-Anadu, SPDC’s Media Relations Manager, told…
5 Dec
Shell Companies in Nigeria awarded $1.98 billion worth of contracts to indigenous firms in 2023, reflecting a 3% increase from the $1.92 billion recorded in 2022. At the 13th Practical Nigerian Content Forum in Bayelsa State, SNEPCo’s Managing Director Ron Adams, represented by Olaposi Fadahunsi, explained that the contracts have enabled local firms to expand…
5 Dec
Shell companies in Nigeria have restated their commitment to the development of Nigerian companies through contract awards and scaling up of expertise. Speaking at the 13th edition of the Practical Nigerian Content (PNC) forum in Yenagoa, themed, ‘Deepening the Next Frontier for Nigerian Content Implementation’ will see the hosts, the Nigerian Content Development and Monitoring…
13 Nov
Shell will continue to power progress in the drive for energy security in Nigeria through its businesses in the upstream, midstream and downstream as well as renewable sectors, Country Chair, Shell Companies in Nigeria and Managing Director of the Shell Petroleum Development Company of Nigeria Ltd (SPDC), Osagie Okunbor, has said.
10 Nov
The Movement for the Survival of the Ogoni People (MOSOP) has called on the Federal Government to probe Shell Petroleum Development Company of Nigeria Limited (SPDC) over an estimated $173.8 billion allegedly concealed by the firm during its operation in Ogoni between 1958 and 1993. MOSOP President, Fegalo Nsuke, made the assertion in a statement…
24 Oct
Amnesty International has warned the federal government to ensure that the divestment by Shell Petroleum Development Company (SPDC) does not worsen human rights abuses in the Niger Delta region. The international rights organisation lamented that, already, the operations of the Dutch oil firm in the region have caused a high level of environmental degradation. The…
Latest
1 day ago
A bill seeking to amend the process of removing the Chief Justice of Nigeria (CJN) and other heads of Nigerian courts by requiring the input of the National Judicial Council (NJC) has passed its second reading in the House of Representatives. The proposed legislation is sponsored by Speaker Tajudeen Abbas. Edo lawmaker, Marcus Onobun, while…
1 day ago
The APC Youths Progressive Forum has called on the Dr. Abdullahi Umar Ganduje-led National Working Committee (NWC) to ensure the defeat of Governor Charles Soludo in the forthcoming Anambra State governorship poll. Chaired by Ambassador Sani Mohammed, the forum, at a press conference held in Abuja, urged all aspirants vying for the party's ticket to…
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The Association of Nigerian Professionals in Europe (ANPE) has described the National Assembly's endorsement of emergency rule in Rivers State as a disgraceful act. Led by Mr. Solomon Ola, ANPE, in a statement on Tuesday, accused the National Assembly of failing in its duty to check what they termed the blatant violation of constitutional norms…
1 day ago
President Bola Tinubu has paid glowing tribute to Fuji veteran, Adewale Ayuba, on his 60th birthday, describing him as a cultural force who has brought joy to Nigerians for over four decades. In a statement released by his Special Adviser on Information and Strategy, Mr Bayo Onanuga, on Tuesday, Tinubu said Ayuba’s impact on the…
1 day ago
The Court of Appeal sitting in Abuja on Tuesday stayed actions earlier delivered against the reinstatement of Muhammadu Sanusi II as the 16th Emir of Kano. The appellate court, upon acknowledging the transmission of the record to the Supreme Court, directed all interested parties to exercise caution pending the hearing of their appeals at the…
1 day ago
The Nigeria Customs Service (NCS), Ogun 1 Area Command, Idiroko, has handed over 7 million CFA francs intercepted along the Idiroko border route to the Economic and Financial Crimes Commission (EFCC) for further investigation. The Customs Area Comptroller, Mohammed Shuaibu, presented the seized currency to the EFCC's Head of Investigation, Lagos Zone 2, Assistant Commander…
1 day ago
The Ijaw ethnic nationality on Tuesday urged President Bola Tinubu to suspend the Minister of the Federal Capital Territory (FCT), Nyesom Wike, for denigrating the entire Ijaw nation as well as insulting the late Pa Edwin Clark. Ijaw leaders and youths gathered at Bomadi, Delta State, for a one-day Ijaw national sensitisation rally tagged "Stand…
1 day ago
Former Vice President Atiku Abubakar has launched a fresh call for a united political movement aimed at removing President Bola Tinubu and the ruling All Progressives Congress (APC) in the 2027 elections. Atiku, who contested and lost the 2023 presidential election under the People’s Democratic Party (PDP), made the call during a gathering held in…
1 day ago
The Connected Development (CODE), on Tuesday, unveiled a $5 million media grant aimed at promoting ethical and impactful reporting on artificial intelligence (AI) in Nigeria. It stressed the importance of responsible AI use, highlighting the need to balance its benefits with potential risks such as algorithmic bias, data privacy concerns, and unequal access to public…
1 day ago
Governor of Bayelsa State, Senator Douye Diri, on Tuesday, praised President Bola Tinubu for his administration’s commitment to the second phase of the Nembe-Brass road project. The governor said the project reaffirms Mr. President's vision for inclusivity in national growth and development, adding that the people of Bayelsa deeply appreciate the milestone that Mr. President…