Shell Petroleum Development Company (SPDC) plans to spend $5 million (N1.8 billion) to finance some projects in the Nigerian Maritime University (NMU), Okerenkoko in Delta. Mr Osagie Okunbor, SPDC’s Managing Director, disclosed this on today in Port Harcourt at the formal signing of a Memorandum of Understanding (MoU) with the university’s Vice Chancellor, Prof. Ongoebi […]
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Deputy Governor of Delta State and Chair, Delta State Advocacy Committee Against Vandalism of Oil and Gas Facilities, Barr. Kingsley Burutu Otuaro, has appealed to the Niger Delta Avengers to sheathe their swords and come to the dialogue table. The NDA hinted days ago of intention to attack critical oil assets in resumed programme […]
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Stakeholders in the oil and gas industry are worried that job cuts have risen by 33 percent in the sector this year. The job cuts which stood at 300,000 in 2016 have risen to 400,000 in 2017 as a result of low oil prices, budget cuts, gross reduction in contracts and low capacity of firms. […]
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Shell Petroleum Development Company (SPDC) and the Joint Venture (JV) partners remitted $42 billion to the Federal Government between 2011 and 2015, The Nation has learned. This is contained in Royal Dutch Shell’s 2015 Sustainability Report released yesterday. The oil giant said it also paid royalties and corporate taxes worth $1.1 billion to the government last year. […]
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