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Senate Probes Shell over Joint Venture Breach, Seeks $200m Refund to FG

Senate Probes Shell over Joint Venture Breach, Seeks $200m Refund to FG
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Senate probes Shell over alleged joint venture breach

Senate probes Shell over alleged joint venture breach
today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.

Federal Republic Of Nigeria , Aliyu Sabi Abdullahi , Smart Adeyemi , Bassey Albert Akpan , Ahmad Lawan , Aishatu Dahiru Ahmed , Abdullahi Yahaya , George Thompson Sekibo , International Oil Companies Iocs , Oil Mining Lease , Shell Petroleum Development Company , Ministry Of Petroleum Resources , National Assembly , Chevron Nigeria , Department Of Petroleum Resources , Shell Petroleum Development Company Of Nigeria , Oil Mining , Ep Nigeria Limited , House Of The National Assembly , Hoc Committee , Ministry Of Petroleum Resource , Petroleum Industry , Ad Hoc Committee , Petroleum Act , Joint Venture Agreement , Federal Government ,

Senate probes Shell over Joint Venture breach, seeks $200m refund to FG

The Senate, on Wednesday, constituted an Ad-Hoc Committee to investigate Shell Petroleum Development Company (SPDC). ....

Federal Republic Of Nigeria , Aliyu Sabi Abdullahi , Smart Adeyemi , Bassey Albert Akpan , Aishatu Dahiru Ahmed , Ahmad Lawan , Abdullahi Yahaya , George Thompson Sekibo , International Oil Companies Iocs , Oil Mining Lease , Shell Petroleum Development Company , Ministry Of Petroleum Resources , National Assembly , Chevron Nigeria , Department Of Petroleum Resources , Shell Petroleum Development Company Of Nigeria , Oil Mining , Ep Nigeria Limited , House Of The National Assembly , Hoc Committee , Ministry Of Petroleum Resource , Petroleum Industry , Ad Hoc Committee , Petroleum Act , Joint Venture Agreement , Senate President ,

FHC Overturns TAT Judgment On The Basis For Computing Balancing Charge On Petroleum Assets - Tax

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The Federal High Court (FHC or the Court ) Lagos
Division, on Monday 28 September 2020, overturned the judgment of
the Tax Appeal Tribunal (TAT or the Tribunal) in the appeal
between the Federal Inland Revenue Service (FIRS or the
Appellant ) and Total E&P Nigeria Limited (Total or
the Respondent ) by ruling that petroleum investment
allowance (PIA) should be included in the computation of balancing
charge on disposal of assets used for petroleum operations.
Specifically, the FHC held that PIA granted by Paragraph 5 of
the Second Schedule to the Petroleum Profit Tax Act Cap P13, Laws ....

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Standard Chartered Vows to Support Clients' Growth Aspirations

The management of Standard Chartered Bank has assured its numerous clients of its commitment to supporting their growth aspirations, no matter the sector they operate in.
The lender made this promise while speaking on the role it played in the recent acquisition of a 45 per cent working interest in OML17 by Heirs Holdings Oil & Gas Limited.
Standard Chartered acted as coordinator/financial advisor to Heirs Holdings in the deal described as one of the largest in the oil and gas sector in Africa.
Heirs Holdings acquired the stakes held by Shell Petroleum Development Company of Nigeria Limited (SPDC), Total E&P Nigeria Limited (TEPNG) and Nigerian Agip Oil Company Limited (NAOC), a subsidiary of ENI SpA, in OML 17, a producing onshore oil and gas asset in Nigeria. ....

United Kingdom , Korede Adenowo , Heirsholdings Oil Gas , Ep Nigeria Limited , Nigerian Agip Oil Company Limited , Heirs Holdings Oil Gas , Shell Petroleum Development Company Of Nigeria Limited , Standard Chartered Bank , Heirs Holdings , Heirs Holdings Oil , Shell Petroleum Development Company , Nigeria Limited , Totalep Nigeria Limited , Standard Chartered , Heirsholdings Oil , Executive Director , Institutional Banking , West Africa , London England , ஒன்றுபட்டது கிஂக்டம் , எப் நைஜீரியா வரையறுக்கப்பட்டவை , வாரிசுகள் ஹோல்டிங்ஸ் எண்ணெய் வாயு , ஷெல் பெட்ரோலியம் வளர்ச்சி நிறுவனம் ஆஃப் நைஜீரியா வரையறுக்கப்பட்டவை , தரநிலை பட்டய வங்கி , வாரிசுகள் ஹோல்டிங்ஸ் , வாரிசுகள் ஹோல்டிங்ஸ் எண்ணெய் ,