Shell
20 Feb
... Uzoka-Anite seeks cheaper energy for manufacturers African Development Bank (AFDB) and Shell Petroleum Development Company (SPDC)-Nigeria have expressed willingness to invest in the Nigerian Gas Infrastructure. The commitment was extracted by Dr. Doris Uzoka-Anite, Honourable Minister of Industry, Trade and Investments, in two separate meetings in furtherance of her goal of attracting funding to…
12 Feb
The Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has completed the supply of over 475,000bbls of crude oil to the Port Harcourt Refining Company Limited (PHRC). Managing Director and Country Chair of Shell Companies in Nigeria, Osagie Okunbor, in a statement, said Shell resumed the supply last week. Okunbor said the supply…
9 Feb
French energy giant TotalEnergies is set to sell its onshore business in Nigeria, its CEO Patrick Pouyanne has said, noting that operation in the Niger Delta is a "real difficulty." Another oil major Shell announced last month that it was selling its onshore property—the Shell Petroleum Development Company(SPDC)—after decades of operation in the sector in…
4 Feb
Shell Petroleum Development Company of Nigeria Limited (SPDC) has concluded plans to supply gas to Dangote Fertiliser and Petrochemical Plant in Lekki for 10 years. The final investment decision involves SPDC and its joint venture partners - Nigerian National Petroleum Company Limited, TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company. "This investment decision is…
1 Feb
Shell said Thursday that profit more than halved in 2023 on lower oil and gas prices, after rocketing to a record the previous year on the Ukraine conflict.
24 Jan
The Ejalawa Community in Oken-Ogosu in Egbalor Ebubu/Eleme in Rivers State has raised lamentation over the alleged selling of Nigerian onshore property by Shell Petroleum Development Company Limited without complying with the court order made in its favour of the community. Its Chairman, Erastus Olungwe, in a statement, said Federal High Court in Owerri, Imo…
23 Jan
United States-based Ogoni advocacy groups, Centre for Democracy, Human Rights, and Anti-Corruption (CDHRAC) and the National Union of Ogoni Students (NUOS) International USA, have called for a referendum among Ogoni people, home and abroad, to determine whether oil production can resume in Ogoniland or not after addressing the demands that led to the stoppage of…
19 Jan
Minister of State for Petroleum (Oil), Heineken Lokpobiri, said the federal government would not delay the sale of assets of Shell if necessary clearances are done.
19 Jan
Corporate Accountability and Public Participation Africa (CAPPA) has called on the Federal Government to prevent Shell Petroleum Development Company of Nigeria Limited (SPDC) from selling its onshore oil business without addressing its historical environmental damages in Nigeria.
19 Jan
ND Western, a Nigerian energy company, has announced the signing of a landmark transaction with Shell International PLC to acquire its entire shareholding in The Shell Petroleum Development Company of Nigeria Limited (SPDC). The signing was done through Renaissance Africa Energy Company Limited. Renaissance is a consortium consisting of ND Western Limited, Aradel Holdings Plc,…
16 Jan
In a game-changing move for the Nigerian oil sector, Renaissance Africa Energy has reached a groundbreaking agreement with Shell to acquire its entire shareholding in The Shell Petroleum Development Company of Nigeria Limited (SPDC). Renaissance is a consortium consisting of ND Western Limited, Aradel Holdings Plc. the Petrolin Group, FIRST Exploration and Petroleum Development Company…
2 Jan
Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, said the oil and condensates production target of 2.6 million barrels per day (bpd) by 2026, is an ambitious jump from 2023 levels of around 1.6 million bpd.
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54 mins ago
Ghana's newly acquired train from Poland was involved in a collision during a test run in the Eastern Region on Thursday. The train, the first of two Diesel Multiple Units (DMUs) purchased from Poland, struck an abandoned lorry on the tracks of the Tema-Mpakadan railway line. Local media reported that no injuries were reported among…
58 mins ago
Federal Character Commission (FCC), expressed its disappointment with the absence of the Chief Executives of supervisory bodies from federal tertiary institutions during a meeting with the commission. The purpose of the meeting was to familiarize the National Commission for Colleges of Education (NCCE), National Board for Technical Education (NBTE), and National Universities Commission (NUC) with…