Mrs Abimbola Essien-Nelson, the Media Relations Manager of Shell Nigeria, revealed that the oil company has exclusively paid $1.09 billion in corporate taxes and royalties to the Nigerian Government in 2023.
Shell To Pay $3.6bn Fine To NOSDRA
Justice Mojisola Olatoregun of the Federal High Court in Lagos has ordered Shell Nigeria Exploration and Production Company Limited to pay a fine of $3.6bn to the National Oil Spill Detection and Response Agency acting on behalf the...
Nigeria’s first deepwater development, the Bonga field, has been shut down, causing oil firms and the nation a huge loss of revenue estimated at N3.45bn daily.
Shell Nigeria Exploration and Production Company Limited announced on Monday that the field was shut down on Saturday to...
Shell, supported by the Nigerian National Petroleum Corporation, has signed Memoranda of Understanding with eight local banks under the refreshed Shell Contractors’ Support Fund.
The oil major, in a statement described the development as the latest milestone in efforts to improve access to finance for...
The federal government is demanding $406.75 million at the minimum from the Shell Petroleum Development Company (SPDC) and its surrogate Shell Western Supply & Trading Limited for alleged crude oil theft.
The amount, according to court papers in Lagos, represents the shortfall of the money...
The nation’s crude oil exports have suffered another setback with the shutdown of the Trans Niger Pipeline, which carries Bonny Light crude, as a precautionary measure after a fire was seen, a spokesman for Shell Petroleum Development Company of Nigeria Limited said.
The 28-inch TNP,...
