Shell Deploys Aeriel Cameras For Checking Spills, Crude Theft   THE Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has deployed high definition (HD) cameras for quick detection and response to crude oil spills from its facilities. The cameras will also help in tracking...

Shell Decries N202m Daily Oil Loss To Vandals, Oil Thieves   Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202m daily in revenue to activities of criminals in the Niger Delta. The company attributed the loss to daily attacks on its pipelines...

Oil Pipeline Vandalism Affecting Investment - Shell Citing the danger of continuous sabotage to people and environment, and attendant loss of revenue, Shell Nigeria has called for stakeholders' support to curb the incessant vandalism of crude oil pipelines. According to the oil major, 90 per cent...

FG Sues NNPC, Agip, 2 Others A Legal battle has begun to recover huge funds lost to alleged under-remittance and diversion of oil/gas royalties and taxes by some major oil companies. The Federal Government has sued four oil companies, accusing them of not being transparent in...

Shell, Total Declare Force Majeure As Nigeria’s Oil Exports Plunge Exports of Nigerian crude oil have suffered a significant disruption as two international oil companies operating in the country declared force majeure on two crude grades. Force majeure is a legal clause that allows companies to...

Shell, NNPC $3.7 Billion Deal to Boost Nigeria’s Gas Initiative The gas development agreement between the Nigerian National Petroleum Corporation (NNPC) and oil giant Shell involving $3.7 billion will in the long run transform Nigeria’s midstream oil sector and boosting power generation. The synergy is...