Milan Appeals Court Dismisses  Nigeria’s Compensation Request Against Eni, Shell

LAGOS NOVEMBER 11TH (NEWSRANGERS)-An appeals court in Milan on Friday rejected Nigeria’s $1.092 billion compensation request against Italian energy group Eni and Shell in civil proceedings relating to a $1.3 billion oilfield deal. The decision was read out in court. In July, prosecutors had dropped related criminal proceedings, clearing Eni and Shell, as well as…

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Buhari Withholds His Initial Approval Of Exxon Mobil’s Asset Sale To Seplat

LAGOS AUGUST 12TH (NEWSRANGERS)-Nigeria’s President Muhammadu Buhari has withheld his initial approval of Exxon Mobil’s sale of local offshore shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator refused to give its consent. Buhari on Monday consented to the $1.28 billion transaction, only for the Nigerian Upstream Petroleum Regulatory Commission…

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Bayelsa Govt Solicits More Investments By SPDC

 LAGOS JULY 13TH (NEWSRANGERS)-Bayelsa State Government has called for better collaboration with The Shell Petroleum Development Company of Nigeria Limited (SPDC) to enable more investments in the state, and to give more value to people of Bayelsa. The state’s Deputy Governor, Lawrence Ewhrudjakpo, made the call during a business meeting with the management of SPDC…

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‘Helicopter Aided Bandits Attack’ Kill 32, Shell Houses, Church In Southern Kaduna

LAGOS JUNE 9TH (NEWSRANGERS)-Inhabitants of Adara community in the southern part of Kaduna State have said that about 32 persons lost their lives in an alleged helicopter-aided attack by terrorists, who razed houses, including Evangelical Church Winning All (ECWA) in the area. Adara leaders said more bodies were discovered in bushes around the villages attacked…

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Shell Inaugurates Phase-2 Of Oloibiri Comprehensive  Health Care Projects

 LAGOS MAY 23RD (NEWSRANGERS)-Energy company, Shell, has inaugurated the second and final phase of its comprehensive health care projects for Oloibiri and other communities in Ogbia Local Government area of Bayelsa State. “Corporate Social Responsibility means doing well. What you have done today means you’re doing well. You are impacting the lives of the communities,…

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Federal Inland Revenue Names  Shell As Leading Tax Compliant Organisation In Nigeria

LAGOS APRIL 6TH (NEWSRANGERS)-The Federal Inland Revenue Service has named Shell as a “leading tax compliant organisation in Nigeria for 2021.” At an award ceremony in Abuja last week as part of the second annual National Tax Dialogue, Shell companies in Nigeria also won the award for ‘remarkable performance in the remittance of various taxes’…

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