Energy giant Royal Dutch Shell on Thursday said its net profit surged 80 percent to $23.4 billion in 2018, thanks to higher oil prices and cost cuts.

Twenty-two members of the academia from 12 Nigerian universities have begun research attachments at The Shell Petroleum Development Companies of Nigeria (SPDC), in several fields of study in the latest phase of the sabbatical and internship programme of the SPDC Joint Venture introduced in 1980. The number represents 13 percent increase from the outgoing 19…

An Italian judge, Giusy Barbara yesterday said oil groups Eni and Royal Dutch Shell were fully aware that their purchase of a Nigerian oilfield in 2011...

Environmental experts have called for the expulsion or exclusion of Shell, which they described as a big polluter in the Niger Delta, from the United Nations (UN) 24th Conference of the Parties (COP24) climate talks in Paris, France. In a statement issued in Calabar, Cross River State, they expressed concern that the alleged climate -unfriendly…

The Federal Government yesterday filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni at a commercial court in London, United Kingdom in connection with a 2011 oilfield deal.

A Port Harcourt High Court has sentenced the Managing Director of Shell Petroleum Development Company (SPDC), Osagie Okunbor, and two others to three months in prison with hard labour. Those sentenced to prison alongside the SPDC boss in contempt proceedings are, Company Secretary and Head of Legal, Nike Oyinlola, as well as Deputy Country Head…

The managing director of Shell Petroleum Development Company, Mr Osagie Okunbor, and two others have been sentenced to three months in prison with hard labour by a Port Harcourt High Court. Others also sentenced to three months in prison with hard labour in contempt proceedings were Shell's secretary and head of legal, Nike Oyinlola and…

I recently read a piece by Thomas Friedman, in the New York Times with this exact same title. His piece was about Taiwan, and countries like it, and how they avoided the resource curse, simply by not having enough resources to live on.

The Pan Niger Delta Forum (PANDEF) has cautioned Shell Petroleum Development Company (SPDC) against playing politics with the Belema oilfield in Kula, Rivers State shut 13 months ago. It held that the oil major never learnt anything from the Ogoni crisis. The group regretted that instead of resolving the issues that compelled the host communities…

A Milan judge on Thursday sentenced two men to four years in prison in the first ruling of a corruption case involving oil giants Eni and Shell in Nigeria, a judicial source said. The judge also ordered the seizure of millions of dollars and Swiss francs from the pair, who acted as go-betweens in the…

The Joint Task Force (JTF) in the Niger Delta and oil major, Shell on Monday denied allegations of coercing the leadership of Aghoro 1 community in Bayelsa to sign a disputed report on oil spillage.

National Oil Spill Detection and Response Agency, NOSDRA has called on Shell Nigeria Exploration and Petroleum Company Limited, SNEPCO, to urgently pay $3.8 billion as damages to 350 communities in Niger Delta region.   It would be recalled that Federal High Court in Lagos, fined SNEPCO the sum of $3.8 billion as a result of…