Shell

January 22, (THEWILL) — President Bola Tinubu has approved the gazetting of targeted, investment-linked incentives to accelerate Shell’s proposed Bonga South West deep-offshore oil project, a move aimed at creating thousands of jobs and boosting Nigeria’s foreign exchange inflows. The...

October 14, (THEWILL) — Nigeria has achieved another milestone in its energy sector as Shell Petroleum Development Company announced a $2 billion Final Investment Decision (FID) for the development of the HI offshore gas field located in Oil Mining...

February 28 (THEWILL) – Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability. “We welcome the reforms by the...

December 18, (THEWILL) – The government of President Bola Tinubu has given approval to Shell's $1.3 billion bid to sell its onshore and shallow water assets to Renaissance, about 3 months after initially withdrawing approval for the transaction to...

August 30, (THEWILL) – Oil giant, Shell Plc, is set to reduce its workforce by about 20 percent in specific oil and gas exploration and development divisions. The move, according to the Financial Post, is part of CEO Wael Sawan’s...

March 23, (THEWILL) – The Federal High Court in Yenagoa on Tuesday, adjourned until May 4, hearing in a N700 billion oil spill compensation suit filed by members of Aghoro I community in Bayelsa.   The people of Aghoro I in...

November 16, (THEWILL) - Royal Dutch Shell has announced plans to relocate its headquarters to London, in the United Kingdom (UK) as part of proposals to simplify the company’s structure with the consolidation of its dual British and Dutch...

BEVERLY HILLS, March 12, (THEWILL) – The National Association of Nigerian Students (NANS) has called on the Federal Government to nationalise the assets of the Shell Petroleum Development Company Limited in the country, for allegedly stealing 16 million barrels of...

BEVERLY HILLS, March 10, (THEWILL) – Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos on Tuesday  declined to vacate an interim injunction directing 20 banks to block Shell Petroleum Development Company of Nigeria (SPDC) and its subsidiaries’...

BEVERLY HILLS, January 29, (THEWILL) - A Dutch Appeal court in the Hague, on Friday, ordered the Nigerian branch of Shell to compensate four farmers for damage to their land caused by leaks in 2004 and 2005. Milieudefensie, the...