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Thursday , 13 December 2018

Tag Archives: shell

Shell, ENI accused of negligence over Niger Delta oil spills

Nigeria has been urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes. Rights group Amnesty International said there were “reasonable doubts” about how the spills happened, suggesting corrosion rather than oil theft were behind the pollution. A total of 46 spills came from pipelines operated by Shell’s ...

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Shell, FIRS settle $16m tax battle out of court

Federal Inland Revenue Service of Nigeria, FIRS, and Shell Petroleum Development Company of Nigeria (SPDC) have settled out of court the lingering tax legal battle that has been going on for the past two years. Shell in March 2015 appealed the decision of a tax tribunal on the “deductibility of withholding tax dividends paid on gas profit”. FIRS assessment accused ...

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Shell laments significant decline in production

Shell’s Nigerian country chair Osagie Okunbor has said recent attacks by militants in the country had contributed to a “significant decline” in production levels. A number of companies oil sites have been attacked by the Niger Delta Avengers. Okunbor said unrest in the region had impacted on production, delays to projects and loss of government revenue. He said: “These illegal ...

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Shell launches Nigeria campaign on energy efficiency

shell nig

 Shell launches a major public service campaign in Nigeria on Tuesday, 31st May 2016, as part of a global effort to encourage debate on how a rapidly expanding world population can meet its energy needs. Using traditional and social media advertising and other targeted activities, the 2016 campaign, christened #makethefuture, follows from the ‘Let’s Go’ outreach and seeks to promote ...

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NNPC, SNEPCo celebrate musical talents in Lagos

 L-R: Head, Business Relations, Shell Nigeria Exploration & Production Company Limited (SNEPCo), Mr. Alan Udi; Supervisor, Community Development, National Petroleum Investment Management Services (NAPIMS), Mrs Bunmi Lawson; a student of Murtala Mohammed Airport Secondary School , Leonard Idowu-Dawodu; representative of the wife of the Governor of Lagos State, Mrs Jumoke Adeyemi; Business Relations Adviser, Shell Nigeria Exploration & Production Company Limited (SNEPCo), ...

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Nigeria loses 400,000bpd as Shell declares force majeure

With the declaration of force majeure on Bonny Light exports by Shell Petroleum Development Company of Nigeria Limited, about 400,000 barrels per day of Nigeria’s production has now been shut in. Force majeure is a legal clause that allows an oil firm to stop shipments without breaching contracts.  The oil major said in a statement signed by its spokesperson, Mr. ...

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Shell remits $42b to Fed Govt as revenue

Shell Petroleum Development Company (SPDC) and the Joint Venture (JV) partners remitted $42 billion to the Federal Government between 2011 and 2015. This is contained in Royal Dutch Shell’s 2015 Sustainability Report released yesterday. The oil giant said it also paid royalties and corporate taxes worth $1.1 billion to the government last year. Of the amount, SPDC paid $0.6 billion. ...

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Uneasy Calmness In Shell Nigeria As Dutch Probes Malabu Deal

Royal Dutch Shell yesterday said Dutch investigators visited its headquarters in the Hague over an investigation into a the controversial Nigerian offshore oil field located in oil prospecting licence (OPL) 245 retrieved from Malabu Oil over allegations of fraud in award of the oil block, and later sold to Shell and Eni. A Shell spokesman in Nigeria, Precious Okolobo,  confirmed ...

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SPDC Boosts Subsurface Studies At University of Ibadan

Exploration Geoscientist, The Shell Petroleum Development Company, Dr. Adelola Adesida; Deputy Registrar, University of Ibadan, Mr Victor Adegoroye; Vice Chancellor, Professor Abel Olayinka; SPDC’s General Manager, External Relations, Mr. Igo Weli; Deputy Vice Chancellor, Prof. Ambrose Aiyelari; and the Dean, Faculty of Science, Prof. Anthony Onilude, at the inauguration of the university’s SPDC JV Subsurface Centre

The University of Ibadan now has an ultra-modern subsurface research centre that will boost the development of top rate manpower for the nation’s oil and gas industry, thanks to a donation by The Shell Petroleum Development Company (SPDC) operated Joint Venture. The centre has 15 fully-networked workstations, a high-end server complete with internet facilities and a standby 45-Kva generator among ...

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VP Osinbajo, Petroleum Minister visit Shell Stand at APPA

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