Tag:divestment

Oilwatch demands cleanup, restoration as UN decries Niger Delta divestment

Oilwatch International, a coalition of environmental activists, has welcomed the intervention by a coalition of United Nations Special Procedures led by the UN Working...

Divestments: Shell assets estimated at 4.96 billion barrels oil reserve – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the Shell Petroleum Development Company of Nigeria Limited (SPDC) assets being considered for divestments have an...

Divestment from onshore oil production in Niger Delta: Trends and implications

Most oil production licenses in Nigeria will soon be operated by domestic oil companies (DOCs), rather than international oil companies (IOCs), for the first...

ERA demands Shell accountability, halt to divestment of facilities

Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has deplored the recent disclosure that Shell plans to sell its land based and shallow offshore...

Oslo becomes world’s first city to divest from fossil fuels

The City of Oslo in Norway on Monday October 19, 2015 became the first capital city in the world to ban investments in fossil fuels,...

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Heatwave, epileptic power supply worsen hardship in Lagos

Residents across several communities in Lagos have decried the intense heatwave, erratic electricity supply and fuel price increase, ...
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Motorists, commuters groan as petrol hits N1,350 per litre

Motorists and commuters across Lagos are facing rising transportation costs following another increase in the pump price of petrol,...

Niger Delta: Activists decry persistent oil spills, slow pace of cleanup

Environmental activists in Rivers State have decried the environmental degradation prompted by persistent oil spills and the slow pace...

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Heatwave, epileptic power supply worsen hardship in Lagos

Residents across several communities in Lagos have decried the...

Motorists, commuters groan as petrol hits N1,350 per litre

Motorists and commuters across Lagos are facing rising transportation...