Oil & Gas

Update: Court Orders Buhari To Renew Shell’s License For 20 years

467

 

The Federal High Court in Abuja on Friday, ordered President Muhammadu Buhari, in his capacity as the Minister of Petroleum Resources, to renew the Oil Mineral Lease 11 to Shell Petroleum Development Company (SPDC) of Nigeria for another 20 years.

The presiding judge, Justice Taiwo Taiwo, delivering judgment on a suit filed by Shell, however, ordered that renewal would be for 20 years and not 30 as requested by the company in its suit.

The Federal Government had earlier told the court that its decision not to renew the operating license of the company was in the interest of the nation’s security.

Shell, which is the plaintiff in the case, had approached the court in a suit number: CS/524/19, to seek its intervention over the controversy surrounding the OML 11.

The Minister of Petroleum Resources, President Muhammadu Buhari, is the 1st defendant while the 2nd defendant is the Minister of State for Petroleum Resources, Timipre Sylva.

 

Leave a comment

Related Articles

NNPC Ltd Leads Nigeria’s Gas Revolution with 97mmscf/d Mini-LNG Plants

Boosting Energy Access, Industrialization, and Carbon Emission Reduction

CRS: NNPC Ltd/FIRST E&P JV Takes Healthcare to 11 KEFFESO Communities in Bayelsa State

In its continued effort to improve the health and well-being of Nigerians,...

PETROAN Sees Lower Petrol Prices as Port Harcourt, Warri Refineries Come on Stream

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says the...

NNPC Ltd, Partners Launch 97mmscf/d Capacity Five Mini-LNG Plants in Ajaokuta

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have...

Pres. Tinubu Committed to Providing Cheap Fuel for Nigerians – NNPCL GCEO, Kyari

Malam Mele Kyari, the Group Chief Executive Officer of the Nigerian National...

NMDPRA Awards 10 Gas Distribution Licences to Boost Nigeria’s Gas Utilization

“The licences were issued to NNPC Gas Marketing Company, Shell Nigeria Gas...

Pres. Tinubu Revolutionizes Nigeria’s Gas Sector, Sets New Benchmark for In-Country Utilization – NNPC Ltd Spokesman, Soneye

Described as unprecedented by stakeholders and Nigerians from all walks of life,...

NNPCL Announces Groundbreaking for Five Mini LNG Plants in Ajaokuta, Major Milestone in Nigeria’s Energy Development

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a groundbreaking...

NNPC Ltd Blames Economic Saboteurs for Buguma Wellhead Fire, Pledges to Combat Threat

The Nigerian National Petroleum Company Limited (NNPC Ltd) has pinpointed pipeline vandalism...

NNPC Ltd laments loss of lives in Niger State petrol tanker explosion, offers condolences

The Nigerian National Petroleum Company Limited (NNPC Ltd) has extended its heartfelt...

Against All Odds: Warri Roars Back to Life, Defying Naysayers, Boosting Nigeria’s Energy Sector, National Pride

In a historic milestone, the Nigerian National Petroleum Company Limited (NNPCL) has...

Port Harcourt Refinery Rehabilitation a “Masterstroke,” Says Former NNPC Boss

In spite of the criticism and cynicism trailing the feat, former chief...

Port Harcourt refinery operating smoothly, say labour, oil workers on fact-finding mission

A recent fact-finding visit by labour leaders has dispelled the uncertainties surrounding...

Petroleum Resources Minister (Gas) lauds NNPC Ltd Over 50MW Maiduguri Emergency Power Project

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has commended...

Human Rights Take Centre Stage as NNPC Ltd. Launches New Initiative

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reaffirmed its commitment...

Nigeria retains position as Africa’s largest oil producer – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) has announced that Nigeria...

NNPC Ltd. Rallies Stakeholders on Efficient, Safe Use of Petroleum Products in Borno

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has concluded a sensitization...

2024 recruitment: NNPC Ltd. begins candidates’ shortlisting for interview stage

The Nigerian National Petroleum Company Limited (NNPC Ltd. ) has commenced the...

Nigeria, US Collaborate on Methane Abatement Initiative

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has taken a significant...