Tag Archives: Shell

London, United Kingdom | AFP | Energy giant Royal Dutch Shell on Thursday said its net profit edged higher to $6 billion in the first quarter, with gains capped by cooler oil prices and a dip in production. Profit after tax climbed two percent compared with the first three months …

Lagos, Nigeria | AFP | Nigeria was on Friday urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes. Rights group Amnesty International said there were “reasonable doubts” about how the spills happened, suggesting corrosion rather than oil …

  The Hague, Netherlands | AFP |  The British-Dutch oil giant Shell said it was temporarily shutting down Europe’s biggest refinery after a pre-dawn fire broke out at a power station on the vast site on Sunday. Flames billowed into the sky over the port of Rotterdam after the blaze …

Lagos, Nigeria | AFP | Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria’s restive south because of a leak. Shell subsidiary the Shell Petroleum Development Corporation of Nigeria Ltd (SPDC) said the Trans Niger Pipeline (TNP) was shut on July 21 …

Lagos, Nigeria | AFP | Corruption watchdogs alleged Monday that Shell executives knew that money earmarked for a controversial oil deal was being used to bribe senior Nigerian officials, a claim rebuffed by the petroleum giant. The allegations by Global Witness and Finance Uncovered refer to the 2011 purchase by oil …

  London, United Kingdom | AFP |  King Emere Godwin Bebe Okpabi holds up a plastic bottle containing contaminated water from his community in Nigeria, proof of oil pollution that he blames on Royal Dutch Shell — and on which he hopes a London court will deliver justice. “My people …

By Joan Akello Ivan Kyayonka was interviewed by The Independent’s Joan Akello following an announcement by Shell Oil Products Africa (Shell) on reviewing ownership. What has led to its exit from Uganda? First of all, we have not exited; we have expressed a desire to review the ownership of part …

By Joan Akello Since Shell Oil Products Africa (Shell) announced it was reviewing ownership options of its downstream businesses in 21 countries in Africa including Uganda, the question has been: Who will fill the gap? Shell Uganda Country Chairman Ivan Kyayonka told The Independent on March 7 that several options …

By Agencies Sale of Heritage Uganda assets to Shell more likely The oil exploration sector is rife with takeovers and speculation at the moment, and traders are currently hearing of another possible bid, Royal Dutch Shell for Heritage Oil. Initially, the value of Heritage shares rose over the news but …