Shell confirms DPP’s investigation of OPL-245 deal
Mr Bamidele Odugbesan, Manager, Media Communications of Shell Nigeria, has confirmed the Dutch Public Prosecutor’s Office investigations against Royal Dutch Shell .
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OPL 245 Revocation: Court fixes March 29 for hearing – Daily TrustA Federal High Court in Lagos has fixed March 29 for the hearing of a litigation at the instance of a leading human right organisation which wants the Federal Government to revoke OPL 245 involving some oil conglomerates.
Read more »
Court Fixes March 29 For Hearing On OPL 245 LitigationA Federal High Court in Lagos has fixed March 29 for the hearing of a litigation at the instance of a leading human right organisation which wants the Federal Government to revoke OPL 245 involving some oil conglomerates. Human and Environmental Development Agenda, (HEDA), in a suit marked HEDA V. AGF & 3 ORS, Suit […]
Read more »
OPL 245 revocation: Court fixes March 29 for hearing – Daily TrustA Federal High Court in Lagos has fixed March 29 for the hearing of litigation at the instance of a leading human right organisation which wants the Federal Government to revoke OPL 245 involving some oil conglomerates. The Human and Environmental Development Agenda, (HEDA), is raising issues of transparency and accountability in the issuance of …
Read more »
Court Ready For HEDA's Suit Asking Nigerian Govt To Cancel Oil Licence Awarded By Abacha | Sahara ReportersWhen General Sani Abacha was in power, his Petroleum Minister Dan Etete, his son Muhammed Abacha, and two other “persons” suspected to be phoney formed an oil company, Malabu Oil & Gas Limited. The Oil Prospecting Licence (OPL) 245 was granted to Malabu Oil & Gas Limited by the Abacha Administration in 1998, same year Abacha died. OPL 245 was revoked by President Olusegun Obasanjo in 2001 but re-allocated to Shell Nigeria Ultra Deep Limited (SNUD) in 2002, under a Production Sharing Contract (PSC) arrangement.
Read more »
FG wins right to prosecute JPMorgan Chase over $875m Malabu oil fraud – Daily TrustA High Court in London headed by Justice Andrew Burrows has granted Nigeria’s plea to allow it proceed with the trial of JPMorgan Chase. The bank is alleged to have enabled the misappropriation of state funds totalling $875 million over the Oil Prospecting License, OPL 245.ADVERTISEMENT Mr Salihu Isah, Special Adviser on Media and Publicity …
Read more »
FG Wins Right To Prosecute JPMorgan Chase Over Oil FraudA High Court in London, headed by Justice Andrew Burrows, has granted Nigeria’s plea to allow it proceed with the trial of JPMorgan Chase. The bank is alleged to have enabled the misappropriation of state funds totalling $875 million over the Oil Prospecting License, OPL 245. Mr Salihu Isah, special adviser on Media and Publicity […]
Read more »
Shell Inducts 30 Graduates For InternshipThirty engineering graduates have been inducted to the fifth batch of the Shell Nigeria internship programme, a four-year old scheme designed to help young graduate engineers upscale their skills in readiness for employment in the energy sector. The internship programme, run in collaboration with the Petroleum Technology Association of Nigeria (PETAN), places the interns with […]
Read more »
$20bn tax claims slam on oil firms may delay major projects - Shell – Daily TrustRoyal Dutch Shell said claims that it owes billions in taxes could delay the development of a major oil field off the coast of the West African nation. The federal government had ordered several major foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed to local states, industry …
Read more »
Shell: Nigeria’s Multi-billion Dollar Tax Claims May Delay Bonga Project - THISDAYLIVEChineme Okafor in Abuja with agency report Royal Dutch Shell yesterday disclosed that the federal government’s recent claims that it owed Nigeria billions of dollars of unpaid oil and gas-related taxes could delay the development of its major oil field – the Bonga South West deepwater oil field located off the coast of the country. …
Read more »