1,200 host communities slam Shell for breaching court order, demand N505 billion compensations
The community has a pending lawsuit against Shell, which it accuses of causing an oil spill that damaged waterways and farms.
Tag: Shell Nigeria
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$3.5b LNG: Shell accuses Venture Global of alleged wrongful earnings as NLNG faces same offence
Shell’s claim was based on a study commissioned by Compass Lexicon consultancy, which aimed to determine the extra revenue Venture Global had seemingly wrongfully earned by denying certain European customers their contracted cargoes.
Shell Nigeria wins multiple awards at 2024 SPE
SPE International President Terry Palisch, and Chairman of the Nigeria Council Salahudeen Tahir who jointly presented the award described Shell as a leading light in the oil and gas industry, providing valuable support particularly to indigenous companies.
How TotalEnergies lost Nigerian onshore oil stake to Mauritius-based Chappal Energies
Costly repairs resulting from complications in Nigeria’s oil sector contributed to the company’s growing discontent and eventual exit.
Shell’s withdrawal opens doors for Nigerian firms
Oil major’s departure from the Nigerian onshore oil business offers opportunities for local firms, but could also leave a financing gap
Inside details of how Nigerian oil export terminal had theft line into sea for 9 years
The 4-kilometre (2.5-mile) connection from the Forcados export terminal, which typically exports around 250,000 barrels per day (bpd) of oil, into the sea was found during a clamp-down on theft in the past six weeks.
Shell set to resume TNP pipeline test
It supports crude oil production from the facilities of the SPDC joint venture and other producers who rely on the Bonny terminal for crude export.
Heirs Oil and Gas Ltd, ND Western Ltd compete to buy Shell’s stake in Nigerian oil fields
Heirs Oil and Gas Ltd. and ND Western Ltd. are vying for Shell’s 30% stake in the joint venture, which manages assets in the Niger Delta and offshore areas.
4.36 million oil barrels lost to power outage, others, says NNPC
According to data in NNPC’s latest monthly report, a total of 4.36 million barrels of oil could not be produced in the period as a result of the shutdowns.
Court orders CBN to pay Ogoni community N182.7bn over Shell’s oil spillage
The Federal High Court in Abuja has ordered the Central Bank of Nigeria to pay a judgment sum and interest of N182.7bn to Ogoni community from the account of First Bank of Nigeria. FBN manages the account of Shell Petroleum Development Company which the court compelled to pay the sum for causing damage to the…
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