30 results
- 7 May 2024
Shell Nigeria Paid $1.09Bn in Taxes, Royalties in 2023
Shell exclusively paid a total of $1.09 billion in corporate taxes and royalties to the Government of Nigeria last year through the operations of The Shell Petroleum Development Company of Nigeria…
- 30 May 2024
NDDC Receives $142m from Shell Nigeria, Partners in 2023
A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production…
- 11 Jun 2018
First Bank Says Media Reports on Contempt Order False
First Bank Nigeria has issued a disclaimer on alleged contempt of court order reports circulating on some media platforms, that Mrs Ibukun Awosika, its chairman and Mr Adesola Adeduntan, managing…
- 17 Feb 2021
Court Blocks Shell’s Accounts in 20 Banks over Alleged Oil Theft
A Federal High Court sitting in Ikoyi, Lagos has granted an interim injunction directing 20 commercial banks to freeze the accounts of Shell Petroleum Development Company of Nigeria Ltd (SPDC). This…
- 18 Mar 2018
Shell Debunks Amnesty Allegations on Spills Management in Niger Delta
Shell Petroleum Development Company of Nigeria Ltd (SPDC) has denied allegations of environmental mismanagement in the Niger Delta levelled against it at the weekend by Amnesty International,…
- 1 Mar 2018
Nigeria’s 1st Marine Engineering Centre of Excellence Takes off @ RSU
The Centre of Excellence (CoE) in Marine Engineering and Offshore Technology established by the Shell Petroleum Development Company of Nigeria Ltd (SPDC)-operated joint venture at the Rivers State…
- 20 May 2018
SPDC JV Spends N14.8 on GMoUs in Rivers State
A total of N14.86 billion has been invested by the Shell Petroleum Development Company of Nigeria Ltd (SPDC) operated Joint venture on Global Memorandum of Understanding (GMoU) clusters in Rivers…
- 5 Feb 2018
Kechi Okwuchi, Sosoliso Crash Survivor on ‘Thank You’ Visit to SPDC
There were emotional scenes as Miss Kechi Okwuchi, a survivor of the 2005 Sosoliso plane crash that claimed many lives visited The Shell Petroleum Development Company of Nigeria Ltd (SPDC) end…
- 21 Aug 2016
SPDC Implements 2nd LiveWIRE Programme for Ogoni Youths
Youths in Ogoni land are being offered another chance to start their own businesses in the second LiveWIRE programme to be implemented by The Shell Petroleum Development Company of Nigeria Ltd (SPDC)…
- 18 Oct 2015
SPDC’s Healthcare Drive in Bayelsa Reaches 5000 People
About 5000 people in Oloibiri area of Bayelsa State have benefitted from a health outreach organised by The Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture in furtherance of…
- 16 Dec 2016
PETAN Honours Shell, MD SNEPCo
The Petroleum Technology Association (PETAN,) an association of indigenous technical oilfield service companies in the upstream and downstream sectors, honoured The Shell Petroleum Development…
- 10 May 2018
Shell Fund Supports Nigerian Contractors with N472Bn loans
Some 290 Nigerian contractors have received loans worth more than N472 billion under the Shell Contractor Support Fund, which was set up by Shell companies in Nigeria to help vendors and suppliers in…
- 11 Feb 2015
Shell Restates Commitment to Bonga South West/Aparo Project
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has restated its commitment to the implementation of the SNEPCO-operated Bonga South West/Aparo (BSWA) project, denying recent…
- 20 Nov 2016
NNPC, Shell Sign MoUs with Nigerian Banks for $2.2Bn Contractor Financing Support
Shell Companies in Nigeria, supported by the Nigerian National Petroleum Corporation (NNPC) has signed Memoranda of Understanding (MoUs) with eight Nigerian banks under the refreshed Shell…
- 20 Nov 2016
NNPC, Shell Sign MoUs with Nigerian Banks for $2.2Bn Contractor Financing Support
Shell Companies in Nigeria, supported by the Nigerian National Petroleum Corporation (NNPC) has signed Memoranda of Understanding (MoUs) with eight Nigerian banks under the refreshed Shell…
- 13 Nov 2016
Shell Wins SERAs Awards for CSR Innovations
Shell Companies in Nigeria (SCiN) continued to earn more recognition for their sustainable development efforts as they took home two trophies at the 10th edition of The Sustainability, Enterprise and…
- 30 Jul 2021
Shell Hires Standard Chartered for Sale of SPDC, Major Divestment in Nigeria
Royal Dutch Shell has launched a major divestment of its Nigerian assets, several sources familiar with the matter said. Shell has hired Standard Chartered to sell its Shell Petroleum Development…
- 21 Jul 2020
NCC Recalls 41.2m Unused Lines, Okays New Numbering Plans for 37 Telcos
Nigerian Communications Commission (NCC) has withdrawn some 41, 240,448 million lines that have been left inactive or unused by telecommunications licencees across 36 states of the country over the…
- 9 Oct 2018
Okunbor, Shell MD, Others Sentenced to Prison with Hard Labour
Mr Osagie Okunbor, managing director of Shell Petroleum Development Company, and two others have been sentenced to three months in prison with hard labour by a Port Harcourt High Court. Others…
- 2 Aug 2015
UK, Nigerian Firms Explore Opportunities in Shell-Sponsored Business Summit
A total of 100 delegates representing 56 companies from Nigeria and the United Kingdom explored opportunities for collaboration at the annual Nigeria-UK Supplier Engagement programme organised by…
- 2 Apr 2025
Shell, Renaissance Face Legal Action over SPDC Licence Transfer
A suit seeking to stop Shell Petroleum Development Company Limited’s deal transferring its mining licence to Renaissance African Energy Company Limited has been filed at the Federal High Court in…
- 1 Jul 2022
Shell Suspends Sale of Onshore Oil Assets in Nigeria
Shell said, it had put on hold plans to sell its onshore oil assets in Nigeria, complying with a Supreme Court ruling that said it had to wait for the outcome of an appeal over a 2019 oil spill.…
- 10 Jul 2012
Standard Bank Group, JP Morgan Finance Acquisition of Oil Mining Lease
The Standard Bank Group and JP Morgan have provided instrumental support in financing the acquisition price of oil mining lease in Nigeria (OML 30). Standard Bank will further provide the permanent…
- 1 Aug 2023
Shell to Sell More Oil Assets in Nigeria
Shell Plc is reportedly set to resume talks to sell some of its Nigerian oil fields. The oil giant is said to be in negotiations with Eroton Exploration and Production Company Ltd. to offload some of…
- 7 Nov 2016
Shell Donates N1Bn Library in Port Harcourt, Excites Literary Enthusiasts
A modern e-library donated by Shell to the Port Harcourt Literary Society has opened its doors to book lovers and other literary enthusiasts. The N1.03billion library is one of the N2billion social…
- 20 Sept 2015
270 Nigerian Experts Seek Oil & Gas Opportunities at SNEPCo Business Summit in Aberdeen
Shell Nigeria Exploration and Production Company of Nigeria Ltd (SNEPCo) hosted a business summit in Aberdeen, September 12, at which over 270 personnel representing Nigerian companies within and…
- 15 May 2017
Banks, IOCs in Trouble for Defrauding FG of $63Bn
The Senate is investigating some banks for alleged collusion with some international oil companies (IOCs) to defraud the country. It was alleged that over $63 billion had been taken out of the…
- 21 Nov 2017
Shell, Bio-bean Collaborate to help Power Buses
Shell and bio-bean are helping to power some of London’s buses using a biofuel made partly from waste coffee grounds, a development that has triggered renewed challenge to Nigerian beneficiaries of…
- 19 Jun 2014
Nigeria Wins at 2014 Intel ISEF Special Award
Nigeria was not left out in the showcase of scientific innovation and development of scientific research at the 2014 Intel International Science and Engineering Fair which held in Los Angeles, USA as…
- 9 Sept 2015
60 Pupils Bag Shell’s Special Secondary School Scholarship
Sixty pupils from primary schools in the Niger Delta states of Bayelsa, Delta and Rivers were on Friday (September 4) awarded full secondary school scholarships under the ‘Cradle-to-Career’ (C2C)…