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What is Shell Petroleum Development Company mean?
Shell Nigeria is the common name for Royal Dutch Shell's Nigerian operations carried out through four subsidiaries—primarily Shell Petroleum Development Company of Nigeria Limited (SPDC). Royal Dutch Shell's joint ventures account for more than 21% of Nigeria's total petroleum production(629,000 barrels per day (100,000 m3/d) (bpd) in 2009) from more than eighty fields.
The company has been controversial in communities in the Niger Delta, who point to it's poor environmental record and that most of the economic benefit from oil exploitation has not benefited local communities. The company has been responsible for some of the most significant oil spills in the Niger delta, and both Nigerian and European courts have held them liable for environmental destruction.
referencePosted on 20 Dec 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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