FG demands $1.1 billion advance settlement from Eni, Shell in Malabu corruption case
The government of Nigeria has requested advance payment for damages in the Malabu oil scandal.
Tag: Royal Dutch Shell
Global stocks surge, triggered by solid economic data
Shares of oil majors, BP and Royal Dutch Shell gained 3.4% and 2.7% respectively.
Malabu Scandal: Shell writes down OPL 245 License
The company also announced that its upstream division had losses of $6.7 billion
Shell considers relocating its headquarters to the UK
Royal Dutch Shell has consistently pushed for the Dutch Government to stop taxes on dividends.
Nigerian LNG to increase exports, returns profits despite weak gas prices
The gas firm has been able to sell the excess supply at a discount in the spot market.
Shell warns investors it may write down up to $22 billion due to oil crash
Shell estimated its oil sales volumes in Q2 2020 to be between 3.5 million to 4.5 million barrels per day.
UK court dismisses $1.1billion Nigerian corruption lawsuit against Shell, Eni
The UK judge dismissed case on the grounds that the UK court did not have jurisdiction to try the lawsuit.
Shell shocks investors, reduces dividend
Royal Dutch Shell Plc, for the first time since the second world war, cut its dividend payout to its shareholders ...
Shell reopens terminal, lifts force majeure on Forcados crude
Shell Petroleum Development Company (SPDC), has lifted the force majeure that was earlier declared on the export of crude oil ...
Shell schedules Bonga oilfield’s maintenance
Nigeria’s oil production might be affected as Bonga oilfield, owned by Royal Dutch Shell, has been scheduled for maintenance.
