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Shell announces the second tranche of share buyback programme

Royal Dutch Shell plc has announced the commencement of trading in the second tranche of its share buyback programme previously announced on July 26, 2018.

Shell: Nigerian oil deal may last several months

Royal Dutch Shell has said the corruption trial over a Nigerian oil deal may last several months, warning staff of continued critical media coverage in the $1.3 billion case.

Exxon, Chevron, others to join rivals in climate initiatives

Exxon Mobil, Chevron and Occidental Petroleum are joining a group of international oil and gas giants in an initiative aimed at curbing carbon emissions in the sector, two sources familiar with the matter said on Thursday.
Methane

Shell targets lower methane emissions from oil and gas operations

Royal Dutch Shell announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations.

Shell targets lower methane emissions from oil and gas operations

Royal Dutch Shell announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations.
1 President Buhari in a Roundtable meeting with Dutch CEOs in Rotterdam on 16th July 2018

Dutch firm plans 400 hectares textile park in Nigeria

A Dutch firm, Vlisco, yesterday expressed readiness to invest on 400 hectares of land for the establishment of a textile park in the country.
6 President Buhari in a Roundtable meeting with Dutch CEOs in Rotterdam on 16th July 2018

Dutch company indicates interest in building cattle ranches in Nigeria

Mr Klaus Struilesma of a company called Cownexxion has indicated the interest of the organization in building cattle ranches in Nigeria.

Pope urges oil majors to combat global warming and aid poor

Pope Francis on Saturday asked that major oil and gas companies respect the 2015 Paris climate agreement to help protect the poor from global warming.

Malabu scandal: Trial of nine Shell, Eni executives starts June 20

The trial of nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell, including ENI Chief Executive Claudio Descalzi, over a 1.3 billion dollars oil deal in Nigeria, will begin in Milan on June 20.

Shell profits rise on back of soaring oil prices

Royal Dutch Shell on Thursday reported a 42 percent rise in first-quarter profit, its highest in over three years, boosted by higher oil prices and production.

UK opposition chief wants government probed over Malabu payments

A Liberal Democrat and former British Business Secretary, Vince Cable, has called on the UK Home Office and National Crime Agency to explain themselves over the revelation that the country’s anti-money laundering agency allowed JP Morgan to transfer $875 million to a former Nigerian oil minister, Mr. Dan Etete.

Shell files criminal complaint against ex-employee over Nigeria oilfield sale

Royal Dutch Shell has filed a criminal complaint against a former employee over suspected bribes in the sale of a Nigerian onshore oilfield in 2011, shedding more light on the company’s activities in the oil-rich West African country.

Britain appoints Nigerian as first female black ambassador to Mozambique

Great Britain has appointed a Nigerian as the first female black ambassador to Mozambique. She is Ms NneNne Iwuji-Eme.

Italian court postpones trial of Shell, Eni executives till May

An Italian court has postponed to May 14 the trial of Royal Dutch Shell and Eni executives over alleged corruption in Nigeria.

Court rules Nigerians cannot pursue Shell spill claim in England

Court of Appeal in London ruled on Wednesday that two Nigerian communities could not pursue Royal Dutch Shell in English courts over oil spills in the Niger Delta region.

Bumper profits for Total, ExxonMobil, Shell, Chevron

Royal Dutch Shell and other world’s leading oil companies have published a bumper crop in profits last year as rising crude prices helped turn their fortunes around.

Shell’s annual profit triples to $13bn

Royal Dutch Shell said Thursday that profit after taxation almost tripled to just under $13bn (10.5 billion euros) in 2017, energised by rising oil and gas prices.

Federal govt sues JP Morgan for $875 million over Malabu oil deal

Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country’s former oil minister.

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