Precious Okolobo

NIGERIA LOST ABOUT $100B IN OIL REVENUE LAST YEAR DUE TO MILITANT ATTACK, WANTS SHELL TO OPEN MAJOR PIPELINE

March 5, 2017March 5, 2017 Amurun KelvinLeave a Comment

Nigeria wants Royal Dutch Shell to reopen one of its main pipelines but the oil multinational is resisting, analysts say, for fear it could once again be bombed by militants. The Trans Forcados Pipeline, the main feed to the 400,000-barrel-a-day Forcados export terminal, has been shut for all but three weeks of the past year, […]

Shell accepts responsibility for Bodo spill, offers compensation

November 17, 2014November 17, 2014 Leave a Comment

Shell Petroleum Development Company, SPDC, has said it accepted responsibility for the two operational spills in Bodo, Gokana Local Government Area of Rivers State, and that it wants to compensate fairly and quickly, those who have been genuinely affected by the oil spill. This came on the heels of British-based Amnesty International’s accusation that the […]