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Shell’s Assets divestment Move in Nigeria put at $2.3b

As Shell Petroleum Development Company (SPDC) in Nigeria moves to divest its assets in Nigeria, especially joint venture licenses and interests in...

Shell’s Annual Payment To Nigerian Govt Hits Six-year Low

The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.45 per cent in 2020 to the lowest...

Court blocks Shell’s bank accounts over alleged oil loss

The Federal High Court in Lagos has given an interim injunction directing Nigerian banks to block the accounts of Shell Petroleum Development...

Shell Oil Output Drops, Plans 9,000 Job Cuts

Shell said on Wednesday that volumes of both Liquefied Natural Gas and crude production were down in the third quarter.

Shell writes down $2.3bn on weaker economic outlook

Royal Dutch Shell said on Friday it expected to write down up to $2.3bn in the fourth quarter as it had been...

Shell Inaugurates 34 Projects In Delta

The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV) has appealed to its host communities to continue to create...

BREAKING: Court orders FG to renew Shell’s OML 11 for 20 years

The Federal High Court in Abuja on Friday ordered the Minister of Petroleum Resources to grant the renewal of the Oil Mineral...

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