The News Agency of Nigeria reports that a two million barrels crude deficit between 2016 and 2018 reported at the Bonny terminal operated by SPDC has caused a dispute amongst several oil firms that use the oil export facility.
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“SPDC does not have any formal report of named SPDC staff members or contractors involved in pipeline vandalism or crude oil theft,” SPDC’s Media Relations Manager, Bamidele Odugbesan, said in a statement on Thursday.
SPDC said under its Global Memorandum of Understanding template, host communities solely select or recall who represents them on CDB with its funds development projects under the governance structure spelt out in the GMoU.
Thirty-one Nigerian academics and research interns, including nine professors and four senior lecturers, were last week inducted for a one-year sabbatical programme and research internship in Shell companies in Nigeria at a ceremony held at the Port Harcourt Headquarters of Shell Petroleum Development Company of Nigeria.
Shell Petroleum Development Company of Nigeria Joint Venture says it loses about N202 million daily in revenue to activities of criminals in the Niger Delta.
Two oil majors, Shell Petroleum Development Company of Nigeria and Total, have declared force majeure on exports of crude on each of their trunk lines, spokespersons for the firms have said.
The Shell Petroleum Development Company of Nigeria Limited has announced the Final Investment Decision on the Assa North Gas Development Project in Imo State, a major momentum to the domestic gas aspiration of the Federal Government for increased power generation and industrialisation.
The funding, since the GMoU concept took off in 2006, has enabled the 19 clusters in Rivers State to embark on projects covering health, education, water and power supply improvement, sanitation and infrastructure development.
Igo Weli, SPDC’s General Manager for External Relations, said the firm hoped “the strong message sent by the English court today ensures that any future claims by Nigerian communities concerning operations conducted in Nigeria will be heard in the proper local courts”
The operation was carried out by the NDA in the wee hours of Monday
Shell also emerged the first runner-up in the overall SERAs CSR awards for the most responsible Nigerian company, while it was nominated for its sterling performance in five other categories – Infrastructure; Sustainability Report; Supply Chain; Partnership for Development; and Income and Wealth Generation
Sumonu therefore advocated the inclusion of communities in the search for solution to oil theft, stressing that the government and oil companies alone would not win the war against the menace