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Bonny Terminal: Oil exports, revenue under threat over court order

Bonny Terminal: Oil exports, revenue under threat over court order

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. …

SPDC appeals court ruling on MD, others

SPDC appeals court ruling on MD, others

Shell Petroleum Development Company (SPDC) has appealed a Rivers State High Court order sentencing its Managing Director and two others to three months inprisonment for contempt of court. The News Agency of Nigeria (NAN) reports that a Port Harcourt High Court on Tuesday sentenced the company’s managing director, Mr Osagie Okunbor, and two others toRead More …

PANDEF opposes sale of OML 25, vows to resist move

PANDEF opposes sale of OML 25, vows to resist move

Pan Niger Delta Forum (PANDEF), led by Ijaw leader, Chief Edwin Clark, has opposed the planned sale of Belema oil field, OML 25,  by Shell Petroleum Development Company to Chrester Nigeria Ltd. This is even as it accused SPDC of instigating an attack by soldiers on Kula Kingdom, Akuku Toru Local Government Area of Rivers […]
The post PANDEF opposes sale of OML 25, vows to resist move appeared first on The Sun Nigeria. …

Jones Abiri: Court delivers judgment in N200m suit against SSS

Jones Abiri: Court delivers judgment in N200m suit against SSS

Agbadua informed the court through a counter affidavits that Abiri was hiding under the Journalism profession
The post Jones Abiri: Court delivers judgment in N200m suit against SSS appeared first on – The Sun News. …

Gas: NNPC, Seplat to deliver 3.4bn scf per day

Gas: NNPC, Seplat to deliver 3.4bn scf per day

The Chief Executive Officer of Seplat, Mr. Austin Avuru, described the ANOH gas processing plant as a
The post Gas: NNPC, Seplat to deliver 3.4bn scf per day appeared first on – The Sun News. …

SPDC lifts force majeure on Bonny Light Export

SPDC lifts force majeure on Bonny Light Export

Shell Petroleum Development Company oNigeria Limited, SPDC, operator of the SPDC Joint Venture has lifted the force majeure on Bonny Light exports, one of the country’s major sources of oil revenue.
The post SPDC lifts force majeure on Bonny Light Export appeared first on Vanguard News. …

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