Daily Archives: April 11, 2018

Shell Losses 9,000 Barrels of Oil per Day In Nigeria In 2017.

Multinational oil company, Royal Dutch Shell says it lost 9,000 barrels of crude oil to theft from the pipeline network of its Nigerian operation per day in the 2017 fiscal year. Shell made this known in its ‘Report on Payments to Governments for the Year 2017’ released on Monday, April 9. The company attributed the loss […]

Shell’s Payment To Nigeria Up By 19 % In 2017`

  ayments made by Royal Dutch Shell, the major international oil company operating in Nigeria to the federal government increased from $3,638,241,040 in 2016 to $4,322,742,582 in 2017. The rise in payment was as a result of a 10 % growth in production, the oil company said in its 2017 sustainability report published on Monday. The company said in the […]

Ghana owes $160m for gas supply from Nigeria

  Ghana owes a total of $160m for gas supplied to its largest power producer, Volta River Authority, from Nigeria through the West Africa Gas Pipeline, our correspondent has learnt. N-Gas Limited, a company owned by the Nigerian National Petroleum Corporation, Chevron and Shell, buys gas from oil companies in Nigeria and transport it to […]