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Tag: nigeria oil
Shell agrees Nigeria oil spill deal
2015-01-07 01:08:20| BBC News | Business | UK Edition
Oil giant Royal Dutch Shell agrees to a $84m (55m) settlement with residents of the Bodo community in the Niger Delta for two major oil spills.
Oil price forces new Nigeria budget
2014-12-17 16:53:06| BBC News | Business | UK Edition
The prolonged slump in the price of oil forces oil-export dependent Nigeria to revise its budget plans, prompting its currency to fall to a record low.
Nigeria demands Shell pay $4bn for 2011 offshore oil spill damage
2014-11-28 01:00:00| Offshore Technology
The Nigerian Parliament is demanding Shell to pay about $4bn for the damage caused by an oil spill at its Bonga offshore field in December 2011.
Shell Admits to Misjudging Nigeria Oil Spill
2014-11-14 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Al Jazeera: International oil giant Royal Dutch Shell has admitted that the 2008 Oil spills in Bodo, Nigeria were larger than initially anticipated. In the run-up to a high-profile compensation case in England's High Court, the Anglo-Dutch company announced on Thursday that the two spills had been far greater than the previously believed figure of 4,144 barrels. However Shell did not give a revised figure. Leigh Day, the law firm bringing a compensation bid for 15,000 members of Nigeria's Bodo community,...
Shell Nigeria starts oil production from Bonga North-West project
2014-08-08 01:00:00| Offshore Technology
Shell Nigeria Exploration and Production Company (SNEPCo) has produced first oil from the Bonga North-West deep-water development.
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