The oil sector, a key driver of the economy, continues to grapple with governance challenges despite the enactment of the Petroleum Industry Act (PIA). The post Between PIA governance and corruption issues in oil sector appeared first on The Guardian Nigeria Read More
Lingering court order, litigations trail Shell’s $2.4b divestment
The reported approval of Shell Petroleum Development Company’s (SPDC) $2.4 billion asset divestment to Renaissance Africa Energy Holdings continues to face widespread criticism, as concerns rage over ongoing litigations and outstanding liabilities of the multinational. The post Lingering court order, Read More
Shell’s controversial $1.3b divestment ‘scales’ approval
Although the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has remained mum over the divestment of Shell Petroleum Development Company of Nigeria (SPDC), the Nigerian consortium acquiring the assets announced yesterday that the deal has been completed. NUPRC, in October last Read More
Nigeria considers new bid round amidst divestment, low production
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may conduct a new oil bid round amidst low oil production and reserves. The post Nigeria considers new bid round amidst divestment, low production appeared first on The Guardian Nigeria News – Nigeria Read More
Shell develops new solution to tackle pipeline challenges
Shell Petroleum Development Company of Nigeria Ltd (SPDC) has implemented an uncrewed surface vessel (USV) for a pipeline route survey in the Niger Delta. The post Shell develops new solution to tackle pipeline challenges appeared first on The Guardian Nigeria Read More
Shell to build dedicated facility for gas supply to Dangote
Shell Petroleum Development Company of Nigeria Limited (SPDC) has concluded plans to supply gas to Dangote Fertiliser and Petrochemical Plant in Lekki for 10 years. The final investment decision involves SPDC and its joint venture partners – Nigerian National Petroleum Read More
How Nigeria’s oil, gas sector can survive energy transition
Managing Director, Shell Petroleum Development Company (SPDC) and Country Chair, Shell Companies in Nigeria, Osagie Okunbor and other stakeholders in the energy sector in Nigeria,… The post How Nigeria’s oil, gas sector can survive energy transition appeared first on The Read More