The Afam VI power plant in Rivers State, owned by Shell Petroleum Development Company of Nigeria Limited, is set to deliver its net dependable capacity of 624 megawatts to the national grid, barring any restrictions from the regulator of the power market. The Managing Director, SPDC and Country Chair, Shell Companies in Nigeria, Osagie Okunbor, […]
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The Shell Petroleum Development Company (SPDC) has distributed ₦14 million to 35 graduates of its 2017 Regional LiveWIRE entrepreneurial programme. The cheques for the money were distributed on Friday in Effurun, Delta state. Each of the beneficiaries of the programme got ₦400,000 as business start-up grant. In his address of welcome, the General Manager, External […]
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Shell Nigeria has announced Ngozi Atalor, a Shell Nigeria LiveWIRE entrepreneur, as the winner of the pitching competition for young Nigerian entrepreneurs in alternative energy business, taking home ₦1 million prize money to boost her business. A statement on Wednesday said it came barely a month after she won a $5,000 merit category prize in […]
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Barring any last minute change, the long awaited Petroleum Industry Bill (PIB) will be ready in the next two weeks. The Lead Consultant to the Senate on PIB and former Director of the Department of Petroleum Resources (DPR), Mr. Austin Olorunshola, who gave the timeline yesterday, at the 55th anniversary of the Oil Producers Trade […]
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Shell Petroleum Development Company has said that its economic contribution to the Nigerian government in four years is $29 billion. The company’s General Manager, External Relations, Mr. Igo Weli, made this known in Yenagoa, the Bayelsa State capital, during the 2017 Swamp West Hub Integrated Stakeholders Engagement Forum for Tarakiri/Egbema/Oporoma Community Leadership. Weli, represented by […]
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Shell Petroleum Development Company (SPDC) on Thursday awarded ₦60 million in scholarship awards to 400 indigent undergraduates from Abia, Bayelsa, Delta, Imo and Rivers States. The undergraduates, who are studying in different universities across the Niger Delta region, received a cheque of ₦150,000 each as scholarship for the 2015/2016 academic session. Mr Igo Weli, SPDC […]
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Shell Petroleum Development Company (SPDC) has remitted $29.8 billion to the Federation Account and another $1.2 billion to the Niger Delta Development Commission (NDDC), between 2002 and 2016, its General Manager, External Relations, Igo Weli, has said. Weli who was reacting to the shutdown of the oil major’s flow station and gas plant in Belema […]
Read More Hundreds of protesters have occupied a Nigerian oil facility owned by Anglo-Dutch oil giant Shell, demanding that a local company take over its operations, a community leader said Saturday. “We want Shell to hand over the operations of the flow station to Belema Oil Company because it appreciates our challenges and needs,” community leader Godson […]
Read More Shell Petroleum Development Company of Nigeria (SPDC) has said that it was providing the sum of $10 million as take-off fund and contribution towards the clean-up of Ogoniland. The oil firm further expressed its commitment to the remediation of oil impacted spots in the area. SPDC General Manager, Internal Relations, Mr. Igo Weli, explained that […]
Read More Shell Petroleum Development Company (SPDC) Joint Venture is developing various gas projects to support domestic consumption, especially by industrial concerns and power generating firms. According to documents obtained by correspondent, it is noted that several projects are ongoing, which will aid the development of about 2.8 trillion standard cubic feet (scf) of non-associated gas. Entitled: […]
Read More Shell Petroleum Development Company of Nigeria Limited has lifted the force majeure on exports of the country’s Forcados crude oil, bringing all of the nation’s oil exports fully online for the first time in 16 months. The SPDC declared the force majeure on February 21, 2016, a week after the main export route, the Trans […]
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