Shell has drawn potential bidders, including ExxonMobil and LyondellBasell, for its US chemical assets, which could fetch up to $8 billion, the FT says.
Shell
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to supporting Shell Nigeria’s operations as the Federal Government intensifies efforts to attract up to $50 billion …
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KEY POINTS Shell has renewed its call for stronger safety standards across its operations and producing assets in Nigeria, stressing that the success of major oil and gas projects must …
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KEY POINTS South Africa’s Constitutional Court has blocked Shell’s plans to conduct offshore oil and gas exploration along the country’s Wild Coast, delivering another major setback to efforts to expand …
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Petrovietnam Gas is sounding out suppliers for a five-year LNG contract that would be Vietnam’s second term deal after this year’s agreement with Shell.
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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 …