Tag: Shell
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Shell donates multi million naira science lab to Abia community
Shell Nigeria Exploration and Production Company Limited on Thursday inaugurated a multi-million naira integrated science laboratory it built, equipped and donated to Aggrey Memorial (Model) College, Arochukwu in Abia. Speaking at the inauguration, the Managing Director of the company, Mr. Bayo Ojulari, said that the project would promote educational excellence in the sciences. “It is…
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Malabu: Swiss government block bank accounts linked to Eni, Shell executives
The government of Switzerland has blocked several bank accounts in the country linked to the planned bribery trial of Eni and Shell executives in Milan, Italy, as it relates to the infamous Malabu oil scam. On Monday, the office of the Swiss Attorney-General confirmed that at the request of public prosecutors from Milan, it has…
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OML 42 sales: Shell files criminal complaint against ex-employee
Royal Dutch Shell has filed a criminal complaint against a former employee over suspected bribes in the sale of a Nigerian onshore oilfield in 2011, shedding more light on the company’s activities in the country. The suspected wrongdoing is unrelated to a court case against the Anglo-Dutch company and Eni in Italy over the acquisition…
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KSM elects former Shell manager, Ovueraye, Knight, head of executive board
A former senior manager of oil giant, Shell, Diamond Ovueraye, has been elected as the Supreme Knight and Head of the new executive of the Order of the Knights of Saint Mulumba, Nigeria (KSM). Ovueraye, who was elected unopposed, will head the new supreme board of 12 members for four years. The election took place…
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Malabu Oil Deal: Accept agreement ceding POL 254 to Shell, Eni – Kachikwu tells Buhari
The Minister of State for Petroleum, Ibe Kachikwu, has advised President Muhammadu Buhari to cede controversial OPL 245 oil bloc to oil firms, Royal Dutch Shell and Eni. According to a report by Premium Times, details of the advice was contained in a leaked memo written by the oil minister in December 2017 asking Mr…
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Italian court orders Shell, Eni to face trial over Malabu oil deal
An Italian federal judge has approved the prosecution of Royal Dutch Shell and Eni in the $1.3 billion controversial sale of OPL 245 oil block, Italian media reports confirmed on Wednesday. The judge in Milan also said Eni executive, Claudio Descalzi, and his predecessor, Paolo Scaroni, should be tried for their role in the deal.…
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Shell, Facebook, Google, Apple, other 96 best places to work in 2018
Fastest growing jobs and recruiting website, Glassdoor, has ranked employees choice best places to work in 2018. According to Glassdoor, the ranking system is based on “a proprietary awards algorithm”, which is designed to calculate the “quantity, quality, and consistency of company reviews submitted by employees between November 1, 2016, and October 22, 2017”. While…
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Court sets aside $2.5b judgment by Shell, Esso against NNPC
The Court of Appeal in Abuja has set aside a portion of an arbitral award got by Shell Nigeria Exploration and Production Limited (Shell) and Esso Exploration and production Limited (Esso) against the Nigerian National Petroleum Corporation (NNPC). By the portion of the award, made by an arbitration tribunal in Lagos on October 24, 2011,…
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Shell admits knowing about payments to Malabu
Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to an oil field would go to Malabu Oil and Gas, a company associated with a former Minister of Petroleum Resources and convicted money launderer, Dan Etete. Shell spokesman, Andy Norman, was quoted as saying that…