Shell Pays $1.9bn Royalty, Taxes To Nigeria In Two Years

Oil giant spends $1.6bn on contracts to indigenous firms as Country Chair, Osagie Okunbor, expresses strong ties with Nigeria   Shell Companies in Nigeria has paid $1.886 billion ($1.9bn approximate) on royalty and taxes to the Nigerian government in the two years period of 2020 and 2021. Platforms Africa reports that the oil giant also said it spent over $1.6 billion on contracts to indigenous firms in the country during same period. A 2021 briefing note from the company, which contained these figures showed that Shell paid $986 million in…

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Petroleum Varsity Gets ICT Centre Donation from NNPC, SNEPCo

The 100-seater one-storey building was built and equipped by the NNPC and SNEPCo partnership to promote research, teaching and learning in a conducive environment   The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), today, inaugurated a state-of-the-art Information and Communication Technology (ICT) Centre at the Federal University of Petroleum Resources, Effurun, in Delta State. The 100-seater one-storey building was built and equipped by the NNPC and SNEPCo partnership to promote research, teaching and learning in a conducive environment. Delta State Governor, Dr. Ifeanyi…

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NLNG, NCDMB, Chevron, SNEPCo, Others bag awards at 2022 NIES

OPEC’s Barkindo, MNPC’s Kyari, ex-Minister Ibe Kachikwu, here is the full list of who won what at the prestigious award The Nigeria LNG Company Ltd. (NLNG) has won the 2021 Gas Infrastructure Project Company of the year award in the Nigeria oil and gas sector. The Nigerian Content Development and Monitoring Board (NCDMB) also won an award for its role, which has made Nigeria a role model for other countries in Africa in terms of local content development and monitoring. Platforms Africa reports that the award was conferred on the…

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