ABUJA | Tue May 22, 2012 9:55am EDT
(Reuters) – Nigeria expects to renew onshore oil licenses with U.S. firm Chevron (CVX.N) and Royal Dutch Shell (RDSa.L) by June, its oil minister said on Tuesday, following Exxon Mobil’s (XOM.N) renewal in February worth trillions of dollars.
Shell, the biggest operator in Nigeria, has onshore assets that can produce 1 million barrels of crude oil per day. It is partnered in these projects by Nigeria’s state-oil firm NNPC, Italy’s Eni (ENI.MI) and France’s Total (TOTF.PA).
“In order to show our commitment to a vibrant upstream sector … we have started the renewal of leases in good faith … renewals with Chevron and Shell are expected to be concluded by June at the latest,” Diezani Alison-Madueke said in the capital Abuja.
Several onshore drilling licenses that expired as far back as 2008 have been in negotiations between foreign oil majors, Nigeria’s state-oil firm and government for years.
Exxon signed 20-year oil license renewals on Nigerian assets producing around 550,000 barrels per day in February.
The Nigerian government has been reluctant to sign new deals or renew old ones until the Petroleum Industry Bill (PIB), which is likely to increase royalties and taxes, becomes law.
But the bill has been stuck in the assembly for years and has been subject to numerous delays and amendments, with no sign it could be passed soon, leaving major regulatory uncertainties.
(Reporting by Camillus Eboh; Writing by Joe Brock; Editing by William Hardy)
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
