An appeals court in the Netherlands on Friday ordered Royal Dutch Shell to pay compensation to Nigerian farmers over oil pollution in the Niger Delta. The court delivered its judgment at the end of a long-running civil case. The farmers…
Shell’s conduct in Ogoni shameful, crime against humanity – MOSOP (Vanguard)
President of Movement for the Survival of the Ogoni People (MOSOP), Fegalo Nsuke, has described the conduct of Shell Petroleum Development Company, a subsidiary of Royal Dutch Shell, in Ogoni, Rivers State, as a national shame and crime against humanity.…
$13.3bn oil & gas banks’ loans face fresh threat (New Telegraph)
Over $1 3.3 billion syndicated loans accessed by oil and gas firms in Nigeria between 2013 and 2018 are facing fresh threats. The loans, mostly accessed from different banks’ consortia during $100 per barrel crude price regime, investigation by this…
Shell recovers most oil from Nigerian spills, pipeline still shut (Reuters)
Royal Dutch Shell’s Nigerian subsidiary has recovered more than 95 percent of the oil from two spills that took place this year, although the pipeline that carries crude to the coast for export remains closed, the company said on Monday.…
Nigeria’s crude oil production may rise by 180,000bpd next year (Guardian)
Shell targets additional production with Bonga Southwest’s investment Nigeria’s crude oil production is expected to rise further if Royal Dutch Shell and its partners, next year, decide whether to go ahead with the development of the nation’s Bonga Southwest offshore…