AGS NEWS – Shell Nigeria reported that it paid a total of $1.09 billion in corporate taxes and royalties to the Nigerian government in 2023. This amount was exclusively paid through the operations of two of its companies: the Shell … Continue reading Shell’s 2023 tax contribution to Nigerian government exceeds $1 billion
The Shell Petroleum Development Company of Nigeria Limited has announced the successful completion of the supply of 475,000 barrels of crude oil to the Port Harcourt Refining Company Limited. This initiative is in alignment with the Federal Government’s commitment to … Continue reading Shell delivers 475,000 barrels of crude oil to Port Harcourt refinery
In a statement released on Thursday, Shell PLC’s Chief Executive Officer, Wael Sawan, disclosed that the company returned $23 billion to shareholders in 2023. Emphasizing their commitment to a progressive dividend policy, Sawan announced a four percent increase in dividends. … Continue reading Shell announces $23 billion dividend plan for shareholders in 2023
Shell Petroleum Development Company of Nigeria Ltd (SPDC) has issued a warning against sabotage and crude oil theft as three host communities in Delta State—Ogulagha, Iduwini Delta, and Iwereland—inaugurated their development trusts in Warri. The Petroleum Industry Act, which became … Continue reading Sabotage and oil theft must stop – Shell issues warning
Shell has recently announced the appointment of Ralph Gbobo as the new Managing Director of Shell Nigeria Gas Limited, the company’s gas distribution division. Effective from July 1, 2023, Ralph takes over the position from Ed Ubong, who has assumed … Continue reading Shell Nigeria appoints new MD of gas division
United Kingdom Supreme Court has issued a ruling in favor of Shell, a British multinational oil and gas company, regarding a 2011 offshore oil spill. The court concluded that Nigerian claimants were time-barred from suing Shell subsidiaries over the incident, … Continue reading Shell emerges victorious in Niger Delta oil spill lawsuit
The Rivers State High Court in Nigeria has ordered Shell Petroleum Development Company (SPDC) not to terminate GSA Logistics Services Contracts awarded to indigenous contractors from oil-rich communities in the Niger Delta region. This was after the court reaffirmed an … Continue reading Court orders Shell not to stop award of logistics contracts to Nigerian indigenous contractors
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