Thursday, May 2, 2024
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Tag "Bonny Light crude oil"

Reps summon Malami, Zainab Ahmed over payment of $200m for ‘consultancy services’

    Reps summon Malami, Zainab Ahmed over payment of $200m for ‘consultancy services’

A house of representatives committee has summoned Abubakar Malami, minister of justice; and Zaina Ahmed, the minister of finance, over an alleged payment of $200 million to two companies for

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Oil revenue to take a hit as Shell Nigeria declares force majeure on key pipeline

    Oil revenue to take a hit as Shell Nigeria declares force majeure on key pipeline

Shell Production Development Company (SPDC), Shell’s subsidiary in Nigeria, has declared force majeure on Bonny Light crude oil loadings. The company in a recent statement said the force majeure started

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