KEY POINTS British energy giant Shell has signed a major agreement with Venezuela to advance the development of the Loran offshore natural gas field, which holds an estimated seven trillion …
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In the NewsMarketsOil & Gas
Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC Resources Deal Vote
KEY POINTS British energy giant Shell has temporarily halted its $3 billion share buyback programme as it prepares for a crucial shareholder vote related to its proposed acquisition of Canadian …
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In the NewsOil & Gas
Shell Continued Pumping Oil Through Nigeria Pipeline Despite Known Pollution Risks
KEY POINTS British multinational oil company Shell is facing fresh scrutiny after internal documents revealed it continued operating a key oil pipeline in Nigeria despite being aware it was causing …
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In the NewsOil & Gas
Shell Deepens Niger Delta Gas Expansion With New Supply Deals in Rivers, Bayelsa
KEY POINTS Shell Nigeria Gas, SNG, has expanded its operations in the Niger Delta through the signing of new Gas Sales and Purchase Agreements (GSPAs) with two companies, Boskel Nigeria …
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KEY POINTS Shell has reported a strong financial performance, posting adjusted profits of $6.92 billion for the first quarter of 2026, marking its highest quarterly profit in two years. The …
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In the NewsMarketsOil & Gas
Shell in Advanced Talks to Sell South African Fuel Stations to ADNOC in $1bn Deal
KEY POINTS Shell Plc is in advanced discussions with Abu Dhabi National Oil Company, ADNOC, over the potential sale of its retail fuel network in South Africa, in a deal …
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In the NewsMarketsOil & Gas
Shell Flags Q1 Gas Output Decline, Liquidity Pressure Amid Middle East Tensions
KEY POINTS Shell plc has projected a decline in its first-quarter gas production alongside a significant short-term strain on liquidity, largely driven by disruptions linked to the ongoing tensions involving …
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KEY POINTS Uruguay’s offshore energy sector has attracted new international players following the entry of QatarEnergy and Chevron into exploration blocks operated by Shell, reinforcing global interest in hydrocarbon development …
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KEY POINTS Adeleye Falade has officially assumed office as Managing Director and Chief Executive Officer of Nigeria LNG Limited, taking over leadership of the company at its corporate headquarters in …
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KEY POINTS Shell has cautioned the Australian government against introducing a windfall tax on gas exporters, warning that such a move could discourage investment and undermine the country’s long-term energy …
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