The Nation Newspaper

Tag: Chevron Nigeria Limited

  • Oil giant shortchanged Nigeria of N74b, court told

    The Federal High Court in Lagos has heard that a multinational oil company, Total E&P Nigeria, shortchanged Nigeria to the tune of N74billion.

    The Federal Government told the court that Total E&P and Chevron Nigeria Limited under-declared the volume of crude oil they took out of Nigeria between January 2011 and December 2014.

    The Federal Government is seeking an order compelling Total E&P Nigeria to pay it $245,258,640.

    The amount, it said, is “the total value of the missing revenues from the shortfall /under-declared/undeclared crude oil shipments of the Federal Government of Nigeria.”

    The Federal Government wants 21 per cent interest per annum on the sum until liquidation.

    It is also praying for general damages of $245,258,640 from Total E&P Nigeria.

    The Federal Government also filed a similar suit against Nigeria Agip Oil Company Limited over similar allegations.

    Justice Mojisola Olatoregun-Ishola Friday ordered Total and Chevron to defend the allegations.

    She dismissed their preliminary objections to a suit for being unmeritorious.

    The plaintiff accused Total E&P of short-changing the government to the tune of $245,258,640 (about N74.8billion).

    The oil giants allegedly shipped several barrels of crude oil without making due remittance to the government.

    Justice Olatoregun-Ishola dismissed the preliminary objections filed by Total E&P and Chevron on the basis that they are unmeritorious.

    The Federal Government, through its lawyer, Prof. Fabian Ajogwu (SAN), said his client sued after a forensic analysis linking the decline in crude oil export and government revenue to the alleged under-declaration of volume of crude oil shipped out of the country by the oil companies.

    Three United States-based experts -a US citizen and Lead Analyst at Loumos Group LLC, a technology and oil and gas auditing firm based in the US Prof. David Olowokere; a counsel in the law firm of Henchy & Hackenberg, Jerome Stanley, and founder and Chief Executive Officer,Trade Data Services Company, State of Arizona, US, Michael Kanko deposed to supporting affidavits to the suit.

    According to them, about 57 million barrels of crude oil were allegedly illegally exported by the defendants and sold to buyers in the US between January 2011 and December 2014.

    They alleged the companies did not make due remittance to the Federal Government contrary to the terms of agreement.

    The deponents cited an instance where Total allegedly shipped out 968,784 barrels of crude oil, valued at $106,566240, using a vessel named, TRIATHLON.

    The shipment, they said, had a bill of lading numbered TCVMTRIATIA 1388; the oil giants allegedly failed to declare it to the relevant agencies.

    According to the experts, the crude oil was sold to Tostsa Total oil Trading SA of San Felipe Plaza-Suite 2100, 5847SAN FELIPE, 770557-HOUSTON, US at the port of Philadelphia, Pennsylvania.

    They cited another instance where about 491,850 barrels of crude oil, valued at $54,103,500, were allegedly shipped out without making remittance to the government.

    The crude oil was allegedly shipped with a vessel named NORTH STAR, with a bill of lading marked, DROESVD23091101.

    The product was allegedly sold to BP Products North America of 501 Westlake Park Boulvard, Houston, TX 77079 United States, at port of Texas City.

    They also cited two other different occasions where 768,990 barrels of crude oil, valued at $84,588,910 was loaded on a vessel named AUTHENTIC with bills of lading marked, ALMYSVDM17041101 and17041102.

    It was allegedly sold to Socap International Limited of Cannon’s Court, 22 Victoria Street, Hamilton, HM12.Bermuda at the port of Chester Pennsylvanian, United States, without making due remittance to the government.

    The government alleged that Total bypassed the pre-shipment agents appointed by the Central Bank of Nigeria (CBN) to inspect crude oil shipments.

    This, the plaintiff said, led to the failure of the shipment records to be deposited at the Ministry of Finance.

    The Federal Government said its consultants uncovered the alleged illegality using high-technology information technology system, including satellite tracking systems.

    Total E&P Nigeria had through its lawyer Mr. Babatunde Fagbohunlu (SAN), filed a preliminary objection, urging the court to strike out the suit.

    It was on the grounds that the suit failed to disclose a reasonable cause of action against his client.

    Chevron, through its counsel Mrs Miannaya Essien (SAN), also filed a similar application. It was dismissed.

    The case will be heard on October 25.

  • Avengers attack Chevron, hit 3 manifolds

    Avengers attack Chevron, hit 3 manifolds

    Suspected members of the Niger Delta Avengers on Wednesday blew up three Chevron Nigeria Limited, CNL, manifolds in Digbolo, near Dibi in Warri North Local Government of Delta State.

    According reports late on Wednesday, the incident occurred at about 11.00 pm.

    Claiming responsibility for the attack, the Avengers said: “Between the hours of 10:50pm to 11:10 pm, our (Niger Delta Avengers) strike team blew up Chevron manifolds.”

    This is contained in a statement signed by its spokesperson, Mudoch Agbinibo, while wishing Muslims a happy Eid-il-fitri celebration, said: “The manifolds are RMP 22, 23 and 24.”

    Meanwhile, the group denied carrying out any attack on the NNPC pipeline in Eleme, Rivers State, which was reported through a phony Facebook account of a Niger Delta Avengers.

    Warning the public that it is shutting down all its social media accounts, the group said: “Niger delta Avengers is not out to mislead the public, as a result, we are closing our entire social network accounts.

    “This Facebook Account/page is an impostor page that was open by fraudster to deceive the general public,” adding: “We warn any group that wants to do anything to go about their activities without tagging us (Niger Delta Avengers).

    “Instead do your activities and claim responsibility. Niger Delta Avengers is not out to mislead the public as a result we are closing all our Social network accounts and will be using our websites to pass information to the general public.”

  • Chevron wins CIPM awards

    Chevron Nigeria Limited (CNL), operator of the NNPC/Chevron Joint Venture, has won the 2014 edition of the Chartered Institute of Personnel Management (CIPM) of Nigeria’s Human Resources (HR) Best Practice Awards in the Oil & Gas category and the Overall category.

    According to CIPM, Chevron Nigeria received both awards as recognition of the company’s robust human resources practices and policies, and engagement of employees on HR related issues.

    The General Manager, Policy, Government and Public Affairs (PGPA) of Chevron Nigeria, Mr. Deji Haastrup, who received the award on behalf of CNL, expressed the company’s appreciation for the recognition and award.

    He said: “We are delighted to receive both awards because CIPM and members of the adjudication panel thrive on excellence.  For CIPM to assess us and adjudge our company’s human resources programmes as not only the best in the oil and gas industry but the overall best in the country is something to be proud of.”

    Haastrup praised CIPM for the recognition and the company’s Human Resources & Medical Department for making CNL proud. “I thank CIPM for the honour and recognition, and our HR and Medical department for its excellent work, which has brought us honour,” he said.

    The awards were presented to Haastrup by Mr. Victor Famuyibo, President and Chairman of CIPM Council during the institute’s 46th conference at the International Conference Centre, Abuja.

    CNL’s Director, Human Resources and Medical, Mrs. Ihuoma Onyearugha, described the award as a “great moment  for Chevron.” She added that “the recognition by CIPM reinforces the fact that Chevron is a great company – with good processes.”

    The Chairman and Managing Director of Chevron companies in Nigeria, Mr. Clay Neff, applauded CIPM for the awards, which he said was an endorsement of the Human Energy driving the Chevron success story.  According to him, “People are the most important asset in Chevron and this recognition is reflected in the company’s vision to be the global energy company most admired for its people, partnership and performance.” Neff said the company invests in people and deploys human resources programmes to strengthen organisational capability and develop a talented workforce that get results the right way.

  • Chevron wins CIPM awards

    Chevron wins CIPM awards

    Chevron Nigeria Limited (CNL), operator of the NNPC/Chevron Joint Venture, has won the 2014 edition of the Chartered Institute of Personnel Management (CIPM) of Nigeria’s Human Resources (HR) Best Practice Awards in the Oil & Gas category and the Overall category.

    According to CIPM, Chevron Nigeria received both awards as recognition of the company’s robust human resources practices and policies, and engagement of employees on HR related issues.

    The General Manager, Policy, Government and Public Affairs (PGPA) of Chevron Nigeria, Mr. Deji Haastrup, who received the award on behalf of CNL, expressed the company’s appreciation for the recognition and award.

    He said: “We are delighted to receive both awards because CIPM and members of the adjudication panel thrive on excellence.  For CIPM to assess us and adjudge our company’s human resources programmes as not only the best in the oil and gas industry but the overall best in the country is something to be proud of.”

    Haastrup praised CIPM for the recognition and the company’s Human Resources & Medical Department for making CNL proud. “I thank CIPM for the honour and recognition, and our HR and Medical department for its excellent work, which has brought us honour.”

    The awards were presented to Haastrup by Mr. Victor Famuyibo, President and Chairman of CIPM Council during the institute’s 46th conference at the International Conference Centre, Abuja.

    CNL’s Director, Human Resources and Medical, Mrs. Ihuoma Onyearugha, described the conferment of the award as a “great moment for Chevron.” She added that “the recognition by CIPM reinforces the fact that Chevron is a great company – with good processes.”

    The Chairman and Managing Director of Chevron companies in Nigeria, Mr. Clay Neff, applauded CIPM for the awards, which he said was an endorsement of the Human Energy driving the Chevron success story.  According to him, “People are the most important asset in Chevron and this recognition is reflected in the company’s vision to be the global energy company most admired for its people, partnership and performance.” Neff said the company invests in people and deploys human resources programmes to strengthen organisational capability and develop a talented workforce that gets results the right way.