Business Hilights

Tracking Nigeria's Headline Business News Online

SPDC

SPDC steps up use of AI, deploys HD aerial cameras to man Spills, crude theft

Deployment Artificial Intelligence (AI) in the nation’s petroleum sector is gaining traction as Shell Petroleum Development Company of Nigeria Limited (SPDC), has deployed state-of-the-art high definition cameras for quick detection of and response to crude oil spills from its facilities….

Exploration resumes as NNPC, SPDC, Belema settle Oil Mining Lease 25 dispute

Finally, peace has returned between the Nigerian National Petroleum Corporation (NNPC), joint venture partners, Shell Production Development Company (SPDC), and Belema Oil following the resolution of the dispute on the operation of Oil Mining Lease 25. Signing the dispute closure…

We can only allow Shell to explore oil after successful completion of cleanup—Ogonis

As claims and counter claims on the whether there is really oil spills cleanup going on in Ogoniland between locals, Rivers State government and international observers on one side and the federal government on the other rages, concerned Ogoniland indigenes…

Shell reacts to AI report, says “We respond to oil spills promptly”

Less than one week after the global human rights watchdog, Amnesty International (AI) released a report accusing Royal Dutch Shell and Italian oil giant, Eni of always watering down cases of oil spills in Nigeria to escape huge payment of…

Consider economic downturns while making demands, Shell tells Imo communities

To avoid the ongoing intractable facility occupation by Belema community in Rivers State which has entered third week without end insight, Shell Petroleum Development Company of Nigeria Limited (SPDC), may have changed tactics by being proactive on issues of community…

NNPC’s brokered peace deal may end Shell facility occupation soon if…

Barring any last minute twist, indications have emerged that the over two weeks occupation of Shell flow station in Rivers State by Belema Community members may end in days. The occupation started on August 11, 2017. This is coming from…

Seplat, other indigenous oil players spend over $10.4bn acquiring divested assets

Leading drivers of Nigeria’s local content in oil and gas industry have given testimonies showing how their smartness in acquiring majority of divested infrastructures and assets by International Oil Companies (IOCs) lifted their enterprises. Business Hilights recalls that since a…

Oil community decries scarcity of amenities amidst plenty, accuses SPDC of neglect

Leading oil producing community in Yenagoa Local Government Area of Bayelsa, the Akenfa community has decried lack of social amenities in their area. According to them, Shell Petroleum Development Company (SPDC) had yet to embark on any community development project…