The Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced the resumption of oil exports from the Bonny Crude Oil Export Terminal. The resumption from the facility follows the lifting of ‘Force Majeure’ on oil exports due to a blast on a pipeline feeding the terminal on March 3, 2022. Force Majeure is a legal clause inserted in contracts ...
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Shell Nigeria announces expansion of a new business line
Global energy giant, Shell, has announced the expansion to a new business line in Nigeria with the expansion of natural gas sales and distribution to meet the growing energy needs of wholesale consumers and provide more and cleaner energy across the country. The new business line, which is Shell Energy Nigeria will seek to deliver gas-based energy solutions to businesses ...
Read More »Why Exxonmobil, Shell, others are scaling down operations in Nigeria
Fresh insights as to why the oil majors are gradually scaling down their operations and planning their exit from the country has been unraveled. Investigation by The Nation newspaper revealed that among the oil majors, including Royal Dutch Shell, ExxonMobil, Total and Eni, are cutting billions in spending after taking hits to their profits, thus shifting money to renewable fuels ...
Read More »Shell brightens faces of 30 Bayelsa youths with N12m entrepreneurship grants
The Shell Petroleum Development Company (SPDC) has presented a business support grant of N12 million to 30 participants of its youth entrepreneurship scheme. Speaking at the graduation ceremony in Yenagoa on Thursday, Igo Weli, General Manager, SPDC, said that the company had so far empowered 6, 580 youths from the Niger Delta under the ‘LIVEWIRE’ entrepreneurship programme for youths between age ...
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