Shell loses oil license to NNPC in court ruling as state oil giant warns against lawsuit
Royal Dutch Shell Plc’s Nigerian subsidiary, Shell Petroleum Development Company (SPDC) has lost the right to operate an oil field ...
Tag: Royal Dutch Shell plc
Shell to cut 9,000 jobs globally due to oil price crash as it shifts to clean energy
The Royal Dutch Shell Plc has revealed plans to cut thousands of jobs globally, including in Nigeria.
Glencore, world’s biggest fuel trader, hits huge trading profit amidst volatile oil market
Glencore’s shares rose 1.4% to 179.48 pence by 9.24 am in London.
Nigerians move to sue Shell in UK over oil spillage
Nigerians have requested the British courts to give them permission to sue Shell in London.
Analysts forecast when Nigeria’s Bonny Light could hit $50
Economies are opening up, however, the recovery is gradual and will take some time for oil prices to hit pre-COVID-19 ...
Dangote to commence 100,000 barrels of oil production
Africa’s richest man, Alhaji Aliko Dangote is set to diversify his business empire by venturing into the oil sector.
Shell to witness weaker margins in Q4
The company is also expected to write down up to $2.3billion in the fourth quarter as it had been forced ...
Shell secures $10 billion credit facility
Royal Dutch Shell Plc has signed a $10 billion revolving credit facility. The company announced in a statement.
Shell wants oil spillage case tried in Nigeria, but victims say no
The Nigerian subsidiaries of Royal Dutch Shell Plc want an oil spillage case instituted against them to be tried in Nigeria.
Shell completes another world-class gas plant in Nigeria
Shell Nigeria Gas (SNG), a subsidiary of Royal Dutch Shell, has announced the completion of yet another gas plant facility ...
