LAGOS OCTOBER 9TH (NEWSRANGERS)-An $875 million (716.7 million pounds) Nigerian government lawsuit against U.S. bank JPMorgan is clear to move forward after a London-based appeals court on Tuesday rejected the bank’s bid to have the case dismissed. The bank had asked the court to quash the Nigerian government’s case, arguing that it had no prospect…
LAGOS SEPTEMBER 6TH (NEWSRANGERS)- – A U.S. judge on Wednesday rejected Exxon Mobil Corp’s and Royal Dutch Shell Plc’s effort to revive a $1.8 billion arbitration award against Nigeria’s state-run oil company, which stemmed from a dispute over a 1993 contract to extract oil near the African country’s coastline. U.S. District Judge William Pauley in…
LAGOS AUGUST 27TH (NEWRANGERS)-Ten Nigerian graduates of business and information technology disciplines have completed a one-year specialised digital training and certification in financial accounting and project management while another set of 10 beneficiaries have commenced their training cycle in the programme sponsored by Shell Nigeria Exploration and Production Company (SNEPCo) in collaboration with SAP Nigeria….
LAGOS AUGUST 22ND (NEWSRANGERS)-The Shell Petroleum Development Company (SPDC) Joint Venture, Shell Nigeria Exploration and Production Company (SNEPCo) and its co-venture partners have contributed $2 billion to the Niger Delta Development Commission (NDDC). The Media Relations Manager, Shell Nigeria, Bamidele Odugbesan, stated this while reacting to the allegation that the oil giant was among the…
LAGOS AUGUST 14TH (NEWSRANGERS)-Shell Companies in Nigeria have won the most coveted Best Exhibitor and eight other awards at the 2019 Nigeria annual international conference and exhibition of the Society of Petroleum. Engineers (SPE) held in Lagos on August 5 -7, coming barely a month after winning the Excellence Award, the highest industry recognition at…
LAGOS JULY 31ST (NEWSRANGERS)-The Assets Management Corporation of Nigeria (AMCON) has published the names of the top 20 debtors in Nigeria with Iifeanyi Ubah and Jimoh Ibrahim leading as top debtors. The list shows that Senator Ifeanyi Ubah, who is the owner of Capital Oil $ Gas owes a whopping N115 billion, while Jimoh Ibrahim,…
LAGOS JULY 17TH (NEWRANGERS)-Pioneer students of The Shell Petroleum Development Company of Nigeria Limited (SPDC JV)-sponsored Centre of Excellence in Marine and Offshore Engineering at the Rivers State University (RSU CoE), Port Harcourt, have commenced the mandatory six months Research Internship with Shell Nigeria Exploration and Production Company (SNEPCo) in Lagos. The Research Internship is…
LAGOS JULY 4TH (NEWSRANGERS)-Shell Companies in Nigeria on Wednesday won the coveted Excellence Award at the Nigeria Oil and Gas Conference and Exhibition, held in Abuja. This is coming on the heels of a streak of other industry leadership awards recently garnered by Shell including the best local content company from the Nigeria Content Development…