The communities in the Gbaramatu district, near the southern oil town of Warri, want 5 percent of a lease owned by Lagos-based Neconde Energy Ltd. and state-owned Nigerian National Petroleum Corporation, according to a statement emailed by the group over the weekend.
Browsing: Royal Dutch Shell Plc
21 June 2017, Sweetcrude, Lagos – Global oil giant, Royal Dutch Shell Plc, has reiterated its commitment to transparency as…
18 June 2017, Swetcrude, Lagos – Global oil giant, Royal Dutch Shell Plc, has reiterated its commitment to transparency as…
The oil major said $1.18bn was paid to the Federal Inland Revenue Service as taxes, $160.71m and $239,189 to the Department of Petroleum Resources (DPR) as royalties and fees, respectively, and $125.14m to the Niger Delta Development Commission (NDDC) as fees.
Nigeria recorded the biggest drop in output in March among its peers in OPEC, followed by Saudi Arabia, the group’s biggest producer. The 13-member cartel, in its latest monthly oil market report for April, said Nigeria recorded the biggest decline of about 157,000bpd in the period under review.
19 April 2016, Lagos – The Netherlands-based Royal Dutch Shell Plc on Monday said the economic contribution from Shell Petroleum Development…
11 March 2016, Lagos – Royal Dutch Shell Plc has said the passage of the Petroleum Industry Bill, which seeks to…
31 July 2015, Lagos – Shell Petroleum Development Company of Nigeria has seen its total oil and gas production plunge by…
09 April 2015, Lagos – The Board of Royal Dutch Shell Plc on Wednesday announced its decision to acquire BG…