LAGOS JANUARY 13TH (NEWSRANGERS)-The Port Harcourt head office of First Bank Plc has been shut down in compliance with an enforcement order following the judgement of the Supreme Court in a matter between Ejemah community in Eleme Local Government Area and Shell Petroleum Development Company (SPDC). The judgement sum and interest as at Tuesday, January…
LAGOS APRIL 14TH (NEWSRANGERS)-Heritage Energy Operational Services Limited (HEOSL), the operator of the Trans-Forcados Pipeline said the pipeline is back in operation. The Heritage’s statement issued yesterday Monday, was in response to a recent report by Reuters, wherein Shell Petroleum Development Company of Nigeria Ltd had declared force majeure over the shutdown of Trans-Forcados pipeline …
LAGOS OCTOBER 10TH (NEWSRANGERS)-The managing director of Shell Petroleum Development Company, Mr Osagie Okunbor, and two others have been sentenced to three months in prison with hard labour by a Port Harcourt High Court. Others also sentenced to three months in prison with hard labour in contempt proceedings were Shell’s secretary and head of legal,…