Shell

Oil-producing communities in Niger Delta have threatened to sue Shell Petroleum Development Commission, SPDC, if it insists on selling off its $2.4 billion offshore assets without meeting the basic demands of the Niger Delta people. The mineral-bearing communities said it would not hesitate to drag the oil company to court if it fails to respo...

Business & Economy

Shell supplies 475,000 barrels of crude oil to Port Harcourt refinery

February 12, 2024 0

•Port Harcourt refinery Shell Petroleum Development Company of Nigeria Limited says it has completed the supply of over 475,000 barrels of crude oil to the Port Harcourt Refining Company Limited (PHRC), through its Bonny Oil & Gas Terminal (BOGT). This, according to a statement signed by the Media Relations Manager, Abimbola Essien-Nelson,...

Environment

Shell must clean up Niger Delta before selling assets, exiting country – Clark •Threatens legal action

January 26, 2024 0

•Chief Edwin Clark Ijaw leader, Chief Edwin Clark, has urged the Shell Petroleum Development Company of Nigeria Limited (SPDC) to first clean up its oil spills in the Niger Delta region before selling off its onshore facility assets and leaving the country. Clark, who spoke yesterday in Abuja when he hosted a delegation of Ijaw […]

Headlines

JUST IN: Stop Shell from selling assets until all impact concerns on Niger Delta are addressed – Environmentalists tell FG

January 17, 2024 0

Some environmentalists have called on the Tinubu-led federal government to immediately stop Shell from executing the planned divestment and sale of its Nigerian onshore subsidiary. The Frontier reports that, pending approval by the federal government, on Monday, Shell announced on its website and social media platform X that it had reached an ...

Business & Economy

Concerns mount over $2.4billion Shell onshore, gas assets sale •Expert calls on FG to tackle oil theft, pipeline vandalism

January 17, 2024 0

Global oil giant, Shell, operating in Nigeria as Shell Petroleum Development Company (SPDC), yesterday announced the sale of its $1.2 billion onshore oilfields and gas assets to Renaissance, a consortium of five companies. The five Nigerian companies with footprints in oil exploration and production are; ND Western, Aradel Energy, First E&...

Headlines

Shell to exit oil exploration in Nigeria •Agrees to sell onshore subsidiary

January 16, 2024 0

Shell has announced its withdrawal from oil exploration in Nigeria and has reached an agreement to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium of five companies consisting of four exploration and production firms based in Nigeria and an international ener...