OML 25: Shell, Communities To Resolve Dispute   Stakeholders, including communities of Oil Mining Licence 25 in Akuku-Toru Local Government Area of Rivers State, and Shell Petroleum Development Company have agreed on the procedures for the re-opening of the oil field. The Memorandum of Understanding, which will...

Shell Targets 2,400MW Of Electricity From Gas Project In Imo The Managing Director, Shell Petroleum Development Company of Nigeria Limited and Country Chair, Shell Companies in Nigeria, Osagie Okunbor, has said the ongoing Assa North/Ohaji South gas development project in Imo State will produce 600...

Buhari Orders NNPC To Take Over Operations OML 11 From Shell President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation to take over the operatorship of the entire Oil Mining Lease 11 from Shell Petroleum Development Company. According to a letter from State House, Abuja,...

Shell spends N21bn On Community Development In Bayelsa   A multinational oil company, Shell Petroleum Development Company, says its operated joint venture spent a total of N21.71bn on development of communities in Bayelsa State between 2006 and 2017. The Manager, External Relations, SPDC, Igo Weli, made this...

Shell Pays $1.1 Billion In Royalties And Corporate Taxes     Shell Petroleum Development Company (SPDC) Joint Venture (JV) Shell Nigeria Exploration and Production Company (SNEPCo) paid $1.1 billion to the Federal Government in form of royalties and corporate taxes in 2017. The company said in 2017 Sustainability...