Oil production resumes on Bonga as operator concludes maintenance
Following concerns raised by the Department of Petroleum Resources (DPR), on non-compliance to COVID-19 protocols in offshore oil fields, operators of the Bonga oil field...
‘How majors’ stake in gas, lower margins hedged against price volatility’
As the world groans under the impact of the coronavirus, oil majors with portfolio investments in gas in Nigeria, and many other developed climes...
Court orders CBN to pay N182.8b judgement debt against Shell
A Federal High Court, Abuja has ordered the Central Bank of Nigeria (CBN) to pay N182.8b to judgement creditors from First Bank account of Shell Petroleum Development Company Limited to satisfy a debt ruling it guaranteed.
Arbitral award in Shell, Global Gas conflict set aside
A Lagos High Court has set aside the arbitral tribunal award, which dismissed Global Gas and Refining Limited’s claim for a breach of contract for the supply of gas by the Shell Petroleum Development Company of Nigeria (SPDC).
FG takeover Osubi airport over alleged debt, mismanagement
The festering face-off between aviation service providers and management of Osubi Airport, in Warri, Delta State, has assumed a new dimension with the Federal...
Shell inducts nine professors, 22 others for sabbatical, research positions
About 31 Nigerian academics and research interns have been inducted for a one-year sabbatical programme and research internship in Shell companies in Nigeria.
We’ll resist attempts to annex Rivers oil wells, Wike vows
Governor Nyesom Wike has vowed to resist alleged attempts by neighbours to annex oil wells belonging to Rivers State.
Experts decry arbitrary discharge of tainted water by oil firms
Experts have raised concern over indiscriminate discharge of contaminated water by some oil companies in the country, urging the Department of Petroleum Resources (DPR) to be firm in monitoring their activities.
OML 11 host communities supplicate over alleged neglect, ask Shell to leave oil field
After over 60 years of exploratory activities without basic infrastructure like roads hospital and electricity, the host communities of Oil Mining Lease, (OML11) yesterday staged a prayer protest, demanding the exit of the Shell Petroleum Development Company (SPDC) from the facility.