Business Hilights

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Shell Petroleum Development Company (SPDC)

Osubi Airstrip: Another Concession deal collapses

Less than one week after the Federal Airport Authority of Nigeria (FAAN) sacked the concessionaire of tollgate at the Lagos International Airport on grounds of poor remittance and issues with labour unions bordering on incompetence, the same Federal Government has…

How ready are IOCs in reducing methane leaks to tame emissions?

More issues are still coming from the latest report published by the International Energy Agency (IEA) on best production models to reduce carbon emissions and drive transition to cleaner energies without affecting rising investments in explorations. IEA in the report…

Shell, Imo gov renew commitments to SPDC’s gas project

The Imo State Government has once again reassured the management of Shell Petroleum Development Company (SPDC) and Seplat Petroleum on its determination to drive seamless delivery of the ongoing multibillion-dollar Assa North/Ohaji South Gas development project. The combined volume translates…

Shell steps up CSR, gives 13 N’Delta indigenes scholarship to UK varsities

At last, 13 winners of the 2019 Shell Petroleum Development Company (SPDC) Joint Venture overseas postgraduate scholarship for host communities have emerged at the award ceremony in Port Harcourt Business Hilights gathered that the latest awards bring the total number…

Shell traces 90% of pipeline leaks to illegal activities, sabotage at Lagos workshop

…As Wike warns host communities over shutdown of oil exploration Foremost international oil company, Shell Petroleum Development Company (SPDC), has once again affirmed that 90 per cent of pipeline leaks are linked to illegal activities of locals in connivance with…

Third party breaches responsible for 90% of accidents, spills in N’Delta—Shell, Chevron

Just as Chevron Nigeria Limited (CNL), operators’ of NNPC/CNL Joint ventures, recently revealed the recent inferno in its oil flow stations in Ugborodo were traced to third party violence, latest Briefing Notes released by Shell Petroleum Development Company (SPDC), has…

Shell, Bayelsa host communities still at loggerheads on figures in spill report

Several months after, feelings of shoddy statistics by locals are still frustrating the adoption of spill pollution report on the spilling of about 1,114 barrels of crude oil leakage from an oilfield operated by Shell Petroleum Development Company (SPDC) at…

Sale of the Belema oil field, OML 25 may force back militant to the creeks—PANDEF

The leadership of the Pan Niger Delta Forum (PANDEF) headed by former Federal Minister of Information and Ijaw leader, Chief Edwin Clark, has kicked against the planned sale of the Belema oil field, OML 25, by Shell Petroleum Development Company…

Shell: Confusion trailing JIV Report may delay resumption of Trans Ramos flow line

Though both Shell Petroleum Development Company (SPDC) and the Joint Military Task Force’s (JTF), Operation Delta Safe, have blatantly denied coercing indigenes of Aghoro 1 community in Ekeremor Local Government Area, Bayelsa State to sign report on the latest oil…

4 leak points on Trans Ramos Pipeline responsible for shut-in—Shell

More facts have emerged on why Trans Ramos Pipeline in the swamps of Western Niger Delta has remained shut, leading to the loss of well over 100,000 barrels of crude oil per day (bpd) which amounts to revenue loss of…