Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-Nigerian oil union halts Halliburton operation over job cuts

Tue, 26th May 2015 19:16

(Adds Halliburton reaction, background)

LAGOS, May 26 (Reuters) - Nigeria's main oil union has shutdown the local operations of U.S. oilfield services providerHalliburton Co in protest against job cuts, the tradebody said on Tuesday.

Tokunbo Korodo, Lagos chairman for the National Union ofPetroleum and Natural Gas Workers (NUPENG), told Reuters thegroup halted operations on Monday saying it was opposed toHalliburton's decision to sack 46 local staff members.

The union accused Halliburton of not following due process.

Halliburton's staff cuts in Nigeria are part of acompany-wide jobs cull announced earlier this year to counter asharp downturn in global oil prices since last summer that hasshrunk profits.

In April, the company, which provides drilling services toRoyal Dutch Shell PLC and Chevron Corp inAfrica's top oil producer, said it had cut 9,000 jobs, or about10 percent of the global workforce, and that more were planned.

"Halliburton is in conversations with the union to resolvethe pending issues," a company spokeswoman said via email. "Wewill continue to monitor the business environment and will makeadditional adjustments...as needed," she said.

She declined to comment on how many jobs had been cut orwhat operations were impacted.

The shutdown was confirmed by another oil industry tradeunion - Petroleum and Natural Gas Association of Nigeria(PENGASSAN) - which said the U.S. company sacked trade unionexecutives in an attempt to weaken the bodies representingworkers' rights, Emmanuel Ojugbana spokesman for PENGASSAN said. (Reporting by Chijioke Ohuocha and Tife Owolabi in Lagos andEdward McAllister in New York; Editing by Alexis Akwagyiram,James Macharia and Marguerita Choy)

More News
4 Nov 2021 19:48

Shell Deer Park, Texas refinery plans to restart reformer next week -sources

HOUSTON, Nov 4 (Reuters) - Royal Dutch Shell Plc plans to restart next week units shut in September for a planned overhaul at its 302,800 barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery, said sources familiar with plant operations.F...

Read more
4 Nov 2021 19:38

Smaller oil firms pay top dollar for Permian land as large players cash out

By Jessica Resnick-Ault and Shariq KhanNov 4 (Reuters) - Large oil companies are racing to sell land in the largest U.S. shale formation as rising crude prices present them with a golden opportunity to jettison unwanted acreage and meet shareholde...

Read more
4 Nov 2021 16:04

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
4 Nov 2021 15:02

Equinor eyes Tanzania LNG production by end of decade

By Nerijus Adomaitis and Shadia NasrallaOSLO, Nov 4 (Reuters) - Equinor could start producing liquefied natural gas (LNG) in Tanzania by the end of this decade if talks with the East African country's government succeed, a top executive at the Nor...

Read more
4 Nov 2021 13:44

UPDATE 1-Shell to end crude refining at German site in low carbon shift

(Adds detail, context)FRANKFURT, Nov 4 (Reuters) - Royal Dutch Shell said on Thursday it plans to shift its Shell Rheinland refinery at Wesseling in Germany away from crude oil and towards low or zero carbon products from 2025.Shell has set a goal...

Read more
4 Nov 2021 13:00

Shell plans to stop crude oil processing at German Wesseling refinery by 2025

FRANKFURT, Nov 4 (Reuters) - Royal Dutch Shell plans to turn its Shell Rheinland refinery site at Wesseling away from crude oil and towards low or zero carbon products from 2025, the German arm of the global oil major said on Thursday.Wesseling is...

Read more
4 Nov 2021 12:19

LONDON MARKET MIDDAY: Pound drops, stocks rise after BoE holds rates

LONDON MARKET MIDDAY: Pound drops, stocks rise after BoE holds rates

Read more
4 Nov 2021 09:57

UPDATE 3-Weak sterling boosts FTSE 100 after BoE keeps rates unchanged

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* BoE keeps rates unchanged* BT Group rises on confirmed outlook* Weakness in pound boosts dollar earning companies* FTSE 100 up 0.5%, FTSE 2...

Read more
3 Nov 2021 11:26

Equinor to restart talks with Tanzania over LNG project

OSLO, Nov 3 (Reuters) - Norway's Equinor said on Thursday it will restart talks with Tanzania's government next week on the possible revival of plans to develop major natural gas reserves found in the east African country's waters.Equinor during t...

Read more
3 Nov 2021 10:14

Italian prosecutors won't appeal acquittal of two in Nigerian oil graft case

MILAN, Nov 3 (Reuters) - The acquittal of Nigerian Emeka Obi and Italian Gianluca Di Nardo in a graft case in Nigeria involving Eni and Shell has become final after prosecutors said they would not appeal on behalf of the Nigerian government.In a ...

Read more
3 Nov 2021 09:45

UPDATE 2-Oil stocks weigh on FTSE 100; Darktrace slumps to 2-month low

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Miners recover as copper prices rise* Darktrace slides as investor sells stake* FTSE 100 down 0.4%, FTSE 250 off 0.2% (Updates to close)By...

Read more
2 Nov 2021 22:17

Fire reported on Shell Norco, Louisiana crude unit -ENT via Twitter

HOUSTON, Nov 2 (Reuters) - A fire broke out on Tuesday on the crude distillation unit at Royal Dutch Shell Plc’s 230,611 barrel-per-day (bpd) Norco, Louisiana, refinery, according to a report attributed to Energy News Today in a Twitter message.R...

Read more
2 Nov 2021 21:20

U.S. House panel subpoenas Big Oil in climate deception probe

By Timothy GardnerWASHINGTON, Nov 2 (Reuters) - The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potent...

Read more
2 Nov 2021 10:00

California farm town lurches from no water to polluted water

By Daniel TrottaTEVISTON, Calif., Nov 2 (Reuters) - The San Joaquin Valley farm town of Teviston has two wells. One went dry and the other is contaminated.The one functioning well failed just at the start of summer, depriving the hot and dusty ham...

Read more
2 Nov 2021 08:27

BP not facing investor calls to break up business, CEO says

LONDON, Nov 2 (Reuters) - BP's investors are not calling for the energy company to be split up into separate low-carbon and oil and gas divisions, Chief Executive Bernard Looney said on Tuesday."Our investors do not call for a breakup of BP, that'...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.