SHELL is facing a possible revolt at its annual meeting this week after a leading shareholder advisor said investors should oppose the pay packet for its executives. It comes as the oil giant faces questions on its strategy after…
SHELL is facing a pivotal court battle in London’s High Court, as thousands of Nigerians from the Ogale and Bille communities seek justice for decades of oil spills in the Niger Delta. The lawsuit, reported by Reuters, could have far-reaching implications…
EXECUTIVE Director of Oil Spill Victims Vanguard (OSPIVV), Harrison Jalla, has accused the Shell Trading and Shipping Company Limited (STATSCO) and its partners of diverting $1 billion insurance indemnity pollution claim intended for victims and communities in the Niger Delta…
NIGERIA has taken a significant step in monetising its extensive gas reserves by signing a deal with joint venture partners to supply gas to the planned $3.5bn Brass fertiliser and petrochemical plant. The plant is to be built in…
NIGERIAN communities in the Niger Delta are seeking 505 billion naira ($310 million) in damages from oil giant Shell, accusing the company of breaching a court order by proceeding with the sale of its onshore assets. The communities claim…
