Tag: Shell
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Shell contract feud: Petitioner accuses Reps Committee of demanding N10m Bribe
…you’re a deranged liar, clerk reacts …insists Committee Clerk In Alleged Demand …alleged Committee Chair Attempted Covering Up For Shell Petroleum By Emman Ovuakporie A petitioner Mr Finidi Jahbless has alleged that the House of Representatives’ Committee on Public Petitions is involved in a foul play in a petition brought before it against Shell Petroleum…
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Gov Diri demands Shell headquarters should be in Bayelsa
Bayelsa State Governor, Senator Douye Diri has re-echoed his call on Shell Petroleum Development Company (SPDC) to relocate its operational headquarters to the State. Governor Diri stressed that given the historical significance of the State to Shell, there was no better location to site its headquarters. He restated this when the Shell Country Chair and…
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Shell’s pipeline spills 213 barrels of crude into Bayelsa community
The Okordia-Rumekpe 14-inch crude truckline operated by Shell Petroleum Development Company (SPDC) has discharged some 213 barrels of crude oil into Ikarama community in Bayelsa. SPDC’s Media Relations Manager, Mr Bamidele Odugbesan, confirmed the leakage and said that probe into the incident had been concluded. A Joint Investigative Visit’s (JIV) report on the incident on…
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Shell confirms oil spill from its facility in Bayelsa community
The Shell Petroleum Development Company (SPDC) has confirmed oil spill from its facility at Agbura-Otuokpoti area of Yenagoa, the Bayelsa State capital. The company’s Media Relations Manager, Bamidele Odugbesan, confirmed the incident in an interview with the News Agency of Nigeria (NAN) in Yenagoa on Friday. Odugbesan said the company got a report of the…
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Malabu scandal: Milan court acquits Shell, ENI
A Milan court on Wednesday acquitted energy companies ENI and Shell in Nigeria’s oil industry’s biggest corruption scandal. Also acquitted by the court was a long list of past and present managers of the firms, including Eni Chief Executive Claudio Descalzi. The verdict, read out in court by judge Marco Tremolada, comes more than three…
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Court orders freezing of Shell’s accounts in 20 Nigerian banks
In a bid to recover the cash value of more than 16 million barrels of crude oil allegedly diverted from AITEO Eastern E & P Company Ltd., a Federal High Court sitting in Ikoyi, Lagos has granted an interim injunction directing 20 commercial banks to freeze the accounts of Shell Petroleum Development Company of Nigeria…
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BREAKING: Dutch court rules in favour of Nigerian farmers, orders Shell to pay damages for oil spills
A Dutch appeals court on Friday said that the Nigerian subsidiary of Royal Dutch Shell was responsible for oil pipeline leaks in the Niger Delta and ordered it to pay unspecified damages farmers. The decision went a step further than a 2013 ruling by a lower court, saying that Shell’s Nigerian subsidiary was responsible for…
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Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI
Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings…
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Malabu: Nigeria in Milan court demands $1.1 billion from Shell, ENI
Nigeria has demanded an upfront payment of $1.092 billion from Royal Dutch Shell and Italian oil giant ENI in damages it suffered over OPL 245 oil block. Nigeria made the demand on Wednesday in a court in Milan, Italy that is conducting the world’s biggest oil industry corruption trial. At a hearing into alleged corruption…
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Malabu: English court throws out Nigeria’s $1.1bn suit against Shell, Eni
An English court in a virtual sitting on Friday threw out a $1.1 billion case filed by Nigeria against oil companies, Royal Dutch Shell and Eni over the OPL 245 oilfield. Justice Christopher Butcher, the judge assigned to the matter, while giving his ruling at the virtual hearing today, held that the court does not…