Nigeria unrest costs Shell dear | News | Al Jazeera

Nigeria unrest costs Shell dear

Loss in oil production translates to $3.47m in lost revenue every day for oil firm.

    Fighters of the MEND movement say they want a greater share of the oil revenues [File: EPA]

    A surge in attacks on its facilities has forced it to cut back on production.



    Armed groups in the Niger Delta, most prominently known as the Movement for the Emancipation of the Niger Delta (MEND), have sabotaged several supply pipelines owned by Shell and other oil operators in the region.
    MEND emerged in early 2006 as the leading group calling for a greater share of Nigeria's oil revenue.

    Besides attacking facilities, it has seized local and expatriate oil workers as hostages.
    Overall, violence in the Niger Delta has reduced Nigeria's total  production by a quarter in the past two years.

    SOURCE: Agencies


    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    The State of Lebanon

    The State of Lebanon

    Amid deepening regional rivalries what does the future hold for Lebanon's long established political dynasties?

    Exploited, hated, killed: The lives of African fruit pickers

    Exploited, hated, killed: Italy's African fruit pickers

    Thousands of Africans pick fruit and vegetables for a pittance as supermarkets profit, and face violent abuse.