
The US investigation into Halliburton’s Nigerian operations - covering a period when the company was headed by Dick Cheney, US vice-president is said to have uncovered evidence of bribery and is now looking at a range of payments made in a number of countries over the past 20 years, according to the company. Shell said it was aware of the Halliburton filing and was “looking into the matter”.
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It was learnt that no fewer than 3,000 staff of the company might be laid off in a major re-structuring that will be announced by the company soon.
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Oil giant Royal Dutch Shell has said that as long as militants continue to attack its facilities and the situation goes unresolved, gas flaring will continue in the country.
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After an eight-day strike, ExxonMobil has returned its oil production output in Nigeria to normal operating levels, while Shell plans to kick off a partial resumption of production after it shut down operations following militant attacks.
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The Nigeria Labour Congress yesterday warned the management of Dutch oil firm, Shell Petroleum Development Company, over plan to sack about 3,500 of its workforce.
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