The Nigeria Liquefied Natural Gas Train 7 project has reached final investment decision and is scheduled for commissioning in 2025, but a record number of... Read More
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Shell Cuts Dividend for First Time Since 1940s as Oil Demand Collapses
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Royal Dutch Shell RDSa cuts its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme... Read More
Environmentalist Insists Toxic Chemicals Discharge Cause of Dead Fishes around Coastlines
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An Environmentalist, Mr Furoebi Akene, has alleged that the dead fishes littering Niger Delta coastline were caused by the discharge of toxic chemicals from Shell’s... Read More
Shell resumes Oil Export from Forcados Oil Export Terminal, lifts Force Majeure
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The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday said it has resumed oil exports from the Forcados Oil Export Terminal. SEE ALSO:... Read More
The Nigerian National Petroleum Corporation (NNPC) says it is partnering Shell Petroleum Development Company (SPDC), to grow existing business relationship to increase the nation’s crude... Read More
The Shell Petroleum Development Company (SPDC) says it has raised some 6,659 entrepreneurs from its gas fields in Bayelsa and Delta from 2003 till date.... Read More
FG files fresh charges against Shell executives, JPMorgan over Malabu Oil scandal
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Sequel to the lawsuit filed last year against Royal Dutch Shell Plc, Eni and JP Morgan for being involved in a $1bn oil block bribery... Read More
Two oil majors, Shell Petroleum Development Company of Nigeria and Total, have declared force majeure on exports of crude on each of their trunk lines,... Read More
Two staffs of Shell Petroleum Development Company were on Thursday abducted along Ahoada-Ndele-Rumuji axis of the East-West road in Rivers state. Herald Nigeria also gathered that a... Read More
President Muhammadu Buhari has issued a directive to the Nigerian National Petroleum Corporation (NNPC) to take over Oil Mining Lease 11 from Shell Petroleum Development... Read More
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