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Shell Nigeria is the common name for Shell plc's Nigerian operations carried out through four subsidiaries—primarily Shell Petroleum Development Company of Nigeria Limited (SPDC). [2] Royal Dutch Shell's joint ventures account for more than 21% of Nigeria 's total petroleum production (629,000 barrels per day (100,000 m 3 /d) (bpd) in 2009).
Shell began production in Nigeria in 1958. [165] In Nigeria, Shell told US diplomats that it had placed staff in all the main ministries of the government. [166] Shell continues however upstream activities/extracting crude oil in the oil-rich Niger Delta as well as downstream/commercial activities in South Africa. In June 2013, the company ...
Oil has moved up the past two trading days, to a large extent because of a rebel attack on part of the Shell pipeline system in Nigeria. Bloomberg reports "the strike targeted two well clusters in ...
On June 8, 2009, Shell settled out-of-court with the Saro-Wiwa family for $15.5 million. [2] [3] Ben Amunwa, director of the Remember Saro-Wiwa organization, said that "No company, that is innocent of any involvement with the Nigeria military and human rights abuses, would settle out of court for 15.5 million dollars. It clearly shows that they ...
Royal Dutch Shell hasn't had the best experience in Nigeria, where oil spills, theft, and vandalism have cost the company as much as 100,000 barrels of oil per day in lost production. To rectify ...
Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African ...
The intergovernmental agreement on the pipeline was signed by energy ministers of Nigeria, Niger and Algeria on 3 July 2009 in Abuja. [ 1 ] [ 6 ] [ 7 ] Safety concerns about the operations have been heightened due to a terrorist insurgency in North Africa , culminating in incidents like the In Aménas hostage crisis of 2013.
The Movement for the Emancipation of the Niger Delta (MEND) is a decentralised militant group in the Niger Delta region of Nigeria. [1] [2] MEND's actions – including sabotage, theft, property destruction, guerrilla warfare, and kidnapping – are part of the broader conflict in the Niger Delta and reduced Nigeria's oil production by 33% between 2006-07.