Saturday, July 2, 2022
MARKET UPDATE
Advertisement

TheCable

Tag "Shell"

OPEC: Nigeria’s oil production dropped to 1.31m bpd in December

    OPEC: Nigeria’s oil production dropped to 1.31m bpd in December

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria recorded 1.31 million barrels per day in December 2021. This is according to the OPEC’s Oil Market Report for January 2022.

0 comment Read Full Article

Bayelsa community shuts Shell’s drilling operation, alleges exclusion from contracts

    Bayelsa community shuts Shell’s drilling operation, alleges exclusion from contracts

Residents of Opukushi, Ekeremor LGA of Bayelsa state have shut down operations at an oilfield operated by Shell Petroleum Development Company of Nigeria (SPDC) in the area. According to NAN,

0 comment Read Full Article

Report: Seplat, Sahara Group plan to buy Shell’s onshore assets

    Report: Seplat, Sahara Group plan to buy Shell’s onshore assets

At least five local oil and gas companies have indicated interest to submit bids as Royal Dutch Shell Plc (Shell) plans to sell more of its Nigerian onshore assets. The

0 comment Read Full Article

NPDC resumes operation at OML 11

    NPDC resumes operation at OML 11

The Nigerian Petroleum Development Company (NPDC), upstream subsidiary company of the Nigerian National Petroleum Corporation (NNPC), has resumed oil exploration activities at oil mining lease (OML) 11. On Monday, a

0 comment Read Full Article

Six feared dead as gunmen set Shell facility ablaze in Imo

  Six feared dead as gunmen set Shell facility ablaze in Imo

Six workers are feared to have been killed in Imo, following an attack by gunmen on an oil facility managed

0 comment Read Full Article

Shell agrees to pay Ogoni people N45bn compensation — 11 years after judgment

  Shell agrees to pay Ogoni people N45bn compensation — 11 years after judgment

The Shell Petroleum Development Company (SPDC) has agreed to pay the N45.9 billion awarded to the Ogoni people of Rivers

0 comment Read Full Article

CLOSE-UP: Meet Elohor Aiboni, the first-ever female MD of a Shell company in Nigeria

  CLOSE-UP: Meet Elohor Aiboni, the first-ever female MD of a Shell company in Nigeria

For the first time in Shell Nigeria’s over 60-year history, a woman has taken over the reins of leadership of

0 comment Read Full Article

NNPC to develop divestment policy for IOCs

  NNPC to develop divestment policy for IOCs

The Nigerian National Petroleum Corporation (NNPC) says it will develop a comprehensive divestment policy for international oil companies (IOCs) operating

0 comment Read Full Article

HUNTER HUNTED: Italy probes OPL 245 prosecutors ‘for hiding vital evidence’

  HUNTER HUNTED: Italy probes OPL 245 prosecutors ‘for hiding vital evidence’

The Italian ministry of justice on Tuesday ordered an inquiry into the conduct of two prosecutors in a corruption case

0 comment Read Full Article

Shell’s onshore divestment targeted at evading clean-up of oil spills, CSOs tell FG

  Shell’s onshore divestment targeted at evading clean-up of oil spills, CSOs tell FG

Civil society organisations (CSOs) in Nigeria have asked the federal government to compel Shell to clean-up the massive pollution its

0 comment Read Full Article
1 2 3 8