Posts tagged ‘Shell Nigeria’

Mon, 14 May 2012 16:28:33 GMT

Shell says losing 43000 bpd to Nigeria oil theft - Reuters UK


Globe and Mail

Shell says losing 43000 bpd to Nigeria oil theft
Reuters UK
By Tim Cocks | LAGOS (Reuters) - Royal Dutch Shell's Nigeria joint venture is losing 43000 barrels a day (bpd) of crude oil to theft, while deliberate damage to pipelines accounted for more than three quarters of oil spilt last year, the oil major said ...
Africa's oil theft crisisThe Independent
Shell finds two oil leaks in Nigeria's DeltaVanguard
Shell Says Losing 43000 Billion/D Oil Due To Thefts In Nigeria Niger DeltaFox Business
Bloomberg -The Nation Newspaper
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Sat, 19 May 2012 20:24:12 GMT

Nigeria: Crude Theft - Petroleum Minister, Service Chiefs Meet in Lagos - AllAfrica.com


CHANNELS

Nigeria: Crude Theft - Petroleum Minister, Service Chiefs Meet in Lagos
AllAfrica.com
Managing Direct of Shell Petroleum development Company of Nigeria (SPDC), Mr. Mutiu Sunmonu, who lauded the development, said the issues would be addressed if the actions put in place at the meeting were adhered to. He said: "President Goodluck ...
Nigeria loses $7bn to oil thieves yearly, says DiezaniThe Nation Newspaper
FG to create task force on crude oil theftCHANNELS
Gas-To-Power: Alison-Madueke Reassures on Gas Emergency TimelineTHISDAY Live

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Fri, 18 May 2012 15:18:45 GMT

Total plugs Nigeria gas leak, no further well needed - Reuters UK


The Republic

Total plugs Nigeria gas leak, no further well needed
Reuters UK
* Total confirms leak stopped, seal nearly finished * Shell starts repair work on Nembe Trunkline LAGOS May 18 (Reuters) - French oil major Total has plugged a gas leak in southern Nigeria's Niger Delta region and no longer needs to drill an additional ...
Total plugs Nigeria gas leak no further well neededLondon South East

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Mon, 23 Apr 2012 16:47:31 GMT

Shell Nigeria oil spill '60 times bigger than it claimed' - The Guardian


Yahoo!7 News

Shell Nigeria oil spill '60 times bigger than it claimed'
The Guardian
A Shell oil spill on the Niger delta was at least 60 times greater than the company reported at the time, according to unpublished documents obtained by Amnesty International. According to Shell, the 2008 spill from a faulty weld on a pipeline resulted ...
Shell Nigeria spill 60 times worse than said - AmnestyReuters UK
Shell Responds to Al's Criticisms Over Niger Delta Oil SpillsAllAfrica.com
Shell, Amnesty on Collision over Niger Delta Oil SpillTHISDAY Live
NASDAQ
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Tue, 08 May 2012 17:13:09 GMT

Shell says finds two oil leaks in Nigeria's Delta - Reuters UK


AFP

Shell says finds two oil leaks in Nigeria's Delta
Reuters UK
A United Nations report in August last year criticised Shell and the Nigerian government for contributing to 50 years of pollution in Ogoniland, which it says needs the world's largest ever oil clean-up that could take up to 30 years.
Nigeria assessing Shell oil spillsUPI.com
Shell Nigeria Bomu-Bonny Pipeline Leaking - CommunityWall Street Journal
Shell says two new leaks on Nigerian pipelineAFP
Platts
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Sun, 20 May 2012 08:22:22 GMT

East Africa to join world gas giants - Reuters UK


East Africa to join world gas giants
Reuters UK
Cove Energy, a shareholder in Anadarko's block, has accepted a $2 billion bid from Royal Dutch Shell. Its share price has more than tripled in eight months. Ophir Energy bought Dominion Petroleum this year and is the subject of frequent takeover ...

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Fri, 18 May 2012 14:03:19 GMT

Nigeria: Shell Assures FG of Improved Gas Supply - AllAfrica.com


Nigeria: Shell Assures FG of Improved Gas Supply
AllAfrica.com
Ughelli — The Shell Petroleum Development Company (SPDC) in Ughelli, Delta on Thursday said that it would take adequate steps to improve gas supply to the integrated power plants in the country. Mr Mutiu Sumonu, the Managing Director of Shell made ...

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Thu, 17 May 2012 11:42:58 GMT

Shell starts repair work in Nigeria - UPI.com


Shell starts repair work in Nigeria
UPI.com
LAGOS, Nigeria, May 17 (UPI) -- A Shell subsidiary in Nigeria announced it started repairs on a crude oil pipeline in the country following an early May closure and force majeure declaration. Shell declared force majeure on Bonny Light crude, ...

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Tue, 08 May 2012 17:14:54 GMT

Shell says finds two oil leaks in Nigeria's Delta - Reuters UK


Shell says finds two oil leaks in Nigeria's Delta
Reuters UK
By Joe Brock | ABUJA (Reuters) - Royal Dutch Shell (RDSa.L) said it found two fresh onshore oil pipeline leaks in Nigeria's Delta region on Monday, three days after the company declared force majeure on exports of the high grade Bonny Light crude due ...

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Thu, 17 May 2012 04:09:47 GMT

Shell Begins Repair of Nembe Creek Trunkline - THISDAY Live


WorldStage

Shell Begins Repair of Nembe Creek Trunkline
THISDAY Live
By Ejiofor Alike Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture has commenced repair of Nembe Creek Trunkline (NCTL) in Bayelsa State, after shutting it down on May 2 because of incessant crude theft activities.
Shell Begins Repair Of Nembe Creek Trunkline In Niger DeltaFox Business
Shell Nigeria commences repair of $1.1b Nembe Creek pipelineWorldStage
Shell begins repairs of Nembe Creek TrunklineThe Nation Newspaper
Afrique en Ligue -AllAfrica.com
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Thu, 17 May 2012 06:15:03 -0700

Shell starts repair work in Nigeria

LAGOS, Nigeria, May 17 (UPI) -- A Shell subsidiary in Nigeria announced it started repairs on a crude oil pipeline in the country following an early May closure and force majeure declaration. Read more

Tue, 08 May 2012 03:13:27 -0700

Shell says finds two oil leaks in Nigeria's Delta

ABUJA (Reuters) - Royal Dutch Shell said it found two fresh onshore oil pipeline leaks in Nigeria's Delta region on Monday, three days after the company declared force majeure on exports of the high grade Bonny Light crude due to outages caused by oil theft. "Two new leaks were reported on May 7 on the trans-Niger pipeline at Akpajo and K-Dere in Ogoniland after a similar number of leaks caused ... Read more

Tue, 08 May 2012 07:46:17 -0700

Nigeria assessing Shell oil spills

ABUJA, Nigeria, May 8 (UPI) -- The Nigerian government is reviewing an interim report that outlines a legacy of oil spills attributed to Shell in the south of the country, a minister said. Read more

Mon, 14 May 2012 11:31:33 -0700

Shell says oil theft costs it 43,000 barrels a day in Nigeria

Pipeline sabotage is also common among militants looking for oil revenue or criminals seeking cleanup contracts, energy firm says Read more

Sat, 19 May 2012 13:29:59 -0700

Nigeria: Govt Sets Up Oil Theft Taskforce

[This Day] The Federal Government has revealed that an estimated 180,000 barrels of oil equivalent daily or approximately $7 billion yearly was lost to oil theft. Read more

Mon, 14 May 2012 10:29:34 -0700
Tue, 08 May 2012 09:02:16 -0700

Leak hits Shell Nigeria pipeline in environmental case

A troubled Shell oil pipeline in Nigeria ruptured, spilling around hundreds of gallons of crude oil a minute for around 24 hours, a member of a nearby community told msnbc.com on Tuesday. Read more

Wed, 09 May 2012 07:44:11 -0700

Shell: Nigeria has black market for crude

LAGOS, Nigeria, May 9 (UPI) -- There is a "massive" black market for crude oil stolen from Shell's subsidiary in Nigeria, the company said in a briefing note. Read more

Tue, 08 May 2012 10:06:26 -0700

UPDATE 1-Shell says finds two oil leaks in Nigeria's Delta

* Shell said on May 4 that 60,000 bpd of Bonny Light cut out * Latest spills in Ogoniland, where Shell no longer operates (Adds delays on loading) ABUJA, May 8 (Reuters) - Royal Dutch Shell said itfound ... Read more

Fri, 18 May 2012 08:16:50 -0700

Total plugs Nigeria gas leak, no further well needed

LAGOS (Reuters) - French oil major Total has plugged a gas leak in southern Nigeria's Niger Delta region and no longer needs to drill an additional relief well to curb its flow, a spokesman said on Friday. The leak occurred in March on a block that also contains crude oil in Rivers state, one of the three main states that make up the Niger Delta, a vast wetlands region in the southeast where ... Read more






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Sat, 28 Apr 2012 22:26:23 GMT

*How Babangida, Abacha, Obasanjo Shared Nigeria's Oil Wells - Nigeria Master Web (blog)


Nigeria Master Web (blog)

*How Babangida, Abacha, Obasanjo Shared Nigeria's Oil Wells
Nigeria Master Web (blog)
The process of sharing Nigeria's oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president ...

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Wed, 02 May 2012 21:37:24 GMT

6 US companies bribed foreign officials, supported lobbying against anti ... - Press TV


Press TV

6 US companies bribed foreign officials, supported lobbying against anti ...
Press TV
The same thing happened to Shell and Halliburton, which settled with the SEC for paying off leaders in Nigeria. General Electric, another Chamber member, paid the SEC $23 million in 2010 for FCPA violations related to the Iraqi oil-for-food scandal, ...

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Fri, 04 May 2012 15:30:20 GMT

Chevron, Other Oil And Gas Stocks Could Take $18 Billion Hit From Legal Battles - Seeking Alpha


Chevron, Other Oil And Gas Stocks Could Take $18 Billion Hit From Legal Battles
Seeking Alpha
By way of comparison, Royal Dutch Shell (RDS.A), is also in the news for a bad lawsuit, currently. Its oil spill in Nigeria has recently received heightened attention. In the most recent development, it appears that the spill was a lot worse than ...

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Mon, 30 Apr 2012 02:34:43 GMT

Nigeria: Why the African Oil Connection is Still So Attractive - Money Morning Australia


Nigeria: Why the African Oil Connection is Still So Attractive
Money Morning Australia
A Nigerian newspaper editor summed it up a while back by telling me (in all seriousness), “If the amount of the bribe is less than $10 million US, it isn't even worth the newspaper space to report it. We would also need to double the size of a daily ...

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Tue, 15 May 2012 18:21:11 GMT

Quarterly FCPA Report: First Quarter 2012 - Mondaq News Alerts (registration)


Quarterly FCPA Report: First Quarter 2012
Mondaq News Alerts (registration)
The TSKJ companies won four contracts worth more than $6 billion to build liquefied natural gas facilities on Bonny Island, Nigeria by paying an estimated $170 million in bribes to Nigeria officials. The TSKJ joint venture companies have paid fines and ...

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Fri, 27 Apr 2012 21:22:08 GMT

'Despite the challenges, there will be great improvement in electricity supply ... - Daily Sun


'Despite the challenges, there will be great improvement in electricity supply ...
Daily Sun
He advised Nigerians to be patient with the administration, as it grapples with the crisis. Electricity supply recently fell too short of demand. What is the immediate cause of this drop? The major problem now is drop in water supply to the hydro power ...

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Thu, 17 May 2012 04:54:44 GMT

Gambia: The Gambia: The power, the wealth and the excesses of Yahya Jammeh - Freedom Newspaper


Freedom Newspaper

Gambia: The Gambia: The power, the wealth and the excesses of Yahya Jammeh
Freedom Newspaper
Yahya Jammeh controls Gambia's Central Bank; its staff and the money saved in it, and he uses the money as his piggy-bank to bribe foreign dignitaries particularly those from The World Bank, the IMF and other ancillary agencies of the United Nations.

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Mon, 23 Apr 2012 11:32:02 -0700

Shell Nigeria spill 60 times worse than said - Amnesty

LAGOS (Reuters) - An oil spill in Nigeria for which Royal Dutch Shell is being sued for tens of millions of dollars in a London court was at least 60 times worse than it announced, a report by Amnesty International said on Monday, citing research it commissioned. Related Stories Global shares inch higher, capped by European political uncertainty U.S. lawmakers launch Wal-Mart bribery probe ... Read more

Tue, 24 Apr 2012 01:02:00 -0700

Recommended Cash Offer by Shell for Cove Energy

THE HAGUE, The Netherlands, April 24, 2012 /PRNewswire/ --- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD ... Read more