CSOs Demand Halt to IOC Divestment in Niger Delta A coalition of local and international CSOs urged President Bola Tinubu to pause all divestment plans by International Oil Corporations (IOCs) in the Niger Delta. They insisted that Shell, Total, ENI, and other IOCs address environmental and social issues tied to their operations before exiting. The … Read more
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, recently announced a final investment decision (FID) for the Bonga North deep-water project, located off the coast of Nigeria. EDITOR’S PICKS PDP Declares Ethiope East Federal Seat Vacant Following Ibori-Suenu’s Defection to APC Retired Principals Call for Recognition and Better Welfare from … Read more
Explosions occurred at Shell’s gas plant in Gbarain, Bayelsa, affecting a pipeline. Residents linked explosions to suspected vandalism, causing smoke and gas emissions. SPDC is investigating the incident and ensuring community safety. EKO HOT BLOG reports that multiple explosions occurred on Tuesday at the Shell Petroleum Development Company’s gas processing plant in Gbarain, Yenagoa Local Government … Read more
Eko hot blog reports that Residents of Gbarantoru Community in Bayelsa State are facing a crisis as Shell’s gas flaring operation wreaks havoc on their environment and disrupts children’s education. The sudden onset of massive gas flares close to homes has forced a nearby school to shut down, leaving children without access to education. Editor’s … Read more
Shell company has won a UK Supreme Court ruling in an Oil spillage case ruled in favor of it. The legal dispute concerned a 2011 offshore oil spill in Nigeria. The controversy originated on December 20, 2011, when allegations arose that approximately 40,000 barrels of crude oil had leaked during the loading of a tanker … Read more
Shell has agreed to pay $16m (£13m) to four Nigerian farmers and their communities to compensate for damage allegedly caused by pollution coming from leaks in its oil pipelines. Eko Hot Blog reports that the sum was agreed upon in negotiations between the oil company and the campaign group Friends of the Earth. EDITOR’S PICKS … Read more
Major industrial players including oil giants BP and Shell and automaker Renault walked away, despite their huge investments in Russia. The psychological cost of the repressions, restrictions and shrinking opportunities could be high on ordinary Russians, although difficult to measure EDITOR’S PICK Ukraine War: West Must ‘Prepare For War’, Says Ex-Nato Chief As Putin Unleashes … Read more
A family source said ₦5 million was delivered to his abductors… EKO HOT BLOG reports that Ojonimi Ossai, an official of Shell Petroleum Development Company, has been killed by his abductors. Ossai was killed despite a ₦5million ransom raised by his family. It was learnt that late Ojonimi Ossai was on his way the burial … Read more
. “We cannot solve community problems in the Niger Delta.” – Shell Multinational oil giant Shell has disclosed its plans to withdraw from Nigeria’s onshore oil sector, noting that its continued operation in the beleaguered Niger Delta region is against the interest of the company. The CEO, Van Beurden, announced the development at the company’s … Read more
The Appeal Court at the Hague in the Netherlands has ruled in favour of communities in Niger-Delta in a suit seeking compensation for unlawful oil exploration activities in the region by Royal Dutch Shell. Several fishing communities in the Niger Delta were polluted and contaminated during two separate oil spills from Shell in 2004 and … Read more
The Shell Petroleum Development Company of Nigeria Limited has concluded plans to transfer ownership of Mining Lease 17 in the Eastern Niger Delta to TNOG Oil and Gas Limited. Ekohotblog reports that the imminent change of owner is consequent upon the completion of the sale of the multinational oil company’s 30 per cent stake in … Read more
The Supreme Court on Friday suspended an application by Shell Petroleum Development Company, requesting a revisit of a January 11, 2019 judgment ordering it to pay N17bn to some Ogoni communities in Rivers State affected by an oil spill from the company in 1970. A five-man panel led by Justice Olabode Rhodes-Vivour unanimously dismissed the … Read more
Explosions have damaged oil and gas facilities belonging to the Shell Petroleum Development Company of Nigeria (SPDC) and the Nigerian Agip Oil Company (NAOC) around Ikarama in the Yenagoa Local Government Area of Bayelsa State. It was gathered that the blasts may have resulted from attacks on the oil facilities by unidentified persons on Monday. … Read more
Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook. In a trading update ahead of full year results, Shell also lowered its oil products sales forecast, pointing … Read more
Three Months after winning the coveted awards at the 2019 Society of Petroleum Engineers Conference, energy giant, Shell Companies in Nigeria have now won the Best Exhibitor award at the National Association of Petroleum Exploration (NAPE) annual international conference and exhibition held in Lagos between November 19-22, 2019. Shell General Manager Development, Chibogwu Sam Ezugworie, … Read more
A Lagos Division of the Federal High Court on Thursday adjourned until June 19, hearing in a debt recovery suit filed by the federal government against Shell Western Supply & Trading Ltd, over an alleged $406.7 million shortfall in crude oil shipment. The suit numbered FHC/L/CS/336/16 was filed by FG’s counsel, Fabian Ajogwu, a professor … Read more
Following a protest by communities affected by exploration activities by Shell Petroleum Development Company, the Nigerian Senate has issued a fresh directive to the oil giant on the payment of N6.9 billion to the communities. It all stared with a petition by a firm, Bekele Jones and Associates, to the upper chamber of Nigeria’s legislature … Read more
A University of Lagos don, Dayo Ayoade, Wednesday, told an Italian Court in Milan that the award of the controversial Malabu Oil Bloc (OPL 245) to Shell and ENI was illegal. Mr. Ayoade, a consultant hired by Italian prosecutors who teaches oil law at UNILAG, spoke at the resumption of the long-running case involving … Read more