LAGOS OCTOBER 18TH (NEWSRANGERS)- Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared an optimistic outlook on the future of Nigeria’s oil and gas industry during a panel session at the just concluded Nigeria Economic Summit in Abuja. Speaking on the theme “Fuelling Growth: The Future…
LAGOS JANUARY 17TH (NEWSRANGERS)-Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 billion. The British energy giant pioneered Nigeria’s oil and gas business beginning in the 1930s. It has…
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…
LAGOS NOVEMBER 10TH (NEWSRANGERS)-The widows of four Nigerian activists executed in 1995 have withdrawn their appeal in a Dutch civil case in which they alleged that oil giant Shell was complicit in the men’s deaths, ending a yearslong legal battle for compensation and an apology. The four widows, Esther Kiobel, Victoria Bera, Blessing Eawo and…
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…
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…
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…
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,…
