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Tag: Shell Petroleum Development Company (SPDC)

Banking

How Shell’s N189bn Judgement Debt Led To Seizure Of First Bank Assets

By Abiola Olawale The First Bank of Nigeria (FBN) has ran into legal conundrum as authorities on Tuesday confiscated the bank's assest in Port Harcourt...

Business

How Bayelsa Explosion Cut Agip’s Daily Output By 30,000 Barrels

Following the recent gas explosion that rocked its oil field in Bayelsa, the Nigerian Agip Oil Company (NAOC) on Thursday said the attack has...

Energy

Fresh Explosion Hits Bayelsa, Renders Three Teenagers Dead!

Three teenagers were reportedly feared dead at the weekend following a fire explosion that broke on account of illegal crude oil refining camp located...

Energy

FG Applauds LEE Engineering As Company Advances Ahead With Next-Generation Technical Capabilities

By Hamilton Nwosa (Head, The New Diplomat’s Business Desk) As the Federal government aims to increase the country’s local content policy from its present 30...

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