Adewale Sanyaolu Except urgent steps are taken, Nigeria may record a major revenue loss in the oil sector following a 2008 Rivers State High Court judgment asking Shell to forfeit the land where the Bonny crude oil terminal is located. Should the 2008 judgment by Justice Margaret Opara of the Rivers State High Court be […]
The post Bonny Terminal: Oil exports, revenue under threat over court order appeared first on The Sun Nigeria. …
Shell
Shell’s oil spill polluted over 113 hectares in Bayelsa – Report
FG procures N360m worth modern core drilling rigs for NGSA
THERE are indications that about 18 communities may have to suffer owing to recent spills emanated from the Aghoro and Odimodi communities in Bayelsa and Delta State respectively.
Continue reading FG procures N360m worth modern core drilling rigs for NGSA at Vanguard News. …
Refineries production capacity down by 18%
Adewale Sanyaolu The Federal Government’s failure to turn around its ailing refineries has caused an 18 per cent decline in production capacity. The abysmal performance of the refineries is contained in the latest monthly financial report (April edition) released by the NNPC. The report indicated that Premium Motor Spirit (PMS) popularly called petrol and Dual […]
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PANDEF kicks against planned sale of OML 25 by Shell
ABUJA—THE Pan-Niger Delta Forum, PANDEF, led by South South leader, Chief Edwin Clark, yesterday, opposed the planned sale of Belema oil field, OML 25, by Shell Petroleum Development Company, SPDC, to Chrester Nigeria Ltd.
Continue reading PANDEF kicks against planned sale of OML 25 by Shell at Vanguard News. …
Eni & Shell: Italian court convicts two in Nigeria oil corruption case
Two convicted in Nigerian oil corruption case
A Milan judge on Thursday sentenced two men to four years in prison in the first ruling of a corruption case involving oil giants Eni and Shell in Nigeria, a judicial source said. The judge also ordered the seizure of millions of dollars and Swiss francs from the pair, Nigerian Emeka Obi and Italian Gianluca […] …
Count us out of $1.3bn Malabu oil deal —Shell
Malabu: Italian judge to rule on Nigeria’s oil graft case tomorrow
Oil majors Shell and Eni will be carefully monitoring a first ruling this week by a Milan judge in one of the energy industry’s biggest corruption scandals for clues to what might be round the corner for them. The two companies are embroiled in a long-running graft case revolving around the purchase in 2011 of […]
The post Malabu: Italian judge to rule on Nigeria’s oil graft case tomorrow appeared first on The Sun News. …
Wike, Shell, NPA to meet over SNEPCO’s relocation to Lagos
Rivers State Governor, Nyesom Wike, is to meet with the top management of Shell Petroleum, the Nigerian Ports Authority (NPA), Oil and Gas Free Zones Authority (OGFZA) and other relevant stakeholders over the planned relocation of the Supply Base of Shell Nigeria Exploration and Production Company (SNEPCO) from the Oil and Gas Free Zone, OnneRead More
The post Wike, Shell, NPA to meet over SNEPCO’s relocation to Lagos appeared first on The Nation Nigeria. …