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Posts on ‘January 31st, 2010’

Nigeria’s oil pipeline sabotaged – Royal Dutch Shell

Royal Dutch Shell has shut three oil flow stations in Nigeria’s Niger Delta region after a pipeline was sabotaged, a company spokeswoman has said.

More job cuts at ailing Royal Dutch Shell

The Sunday Times January 31, 2010 By Danny Fortson PETER VOSER, boss of Royal Dutch Shell, will warn of fresh job cuts this week as he reveals sagging profits at the oil giant. Since taking the top job six months ago Voser has cut 5,000 staff. He warned this weekend that the restructuring “may need [...]

Shell to sell oil licenses in Nigeria

By Tom Burgis in Lagos Published: January 30 2010 03:20 Royal Dutch Shell is to sell its stake in three Nigerian oil-producing licenses, underlining its new chief executive’s cool stance towards what was long a mainstay of the group’s operations. In recent weeks fresh rumours have circulated that Shell was seeking to dispense of Nigerian [...]