KEY POINTS Shell Plc has approved a $2 billion offshore gas development in Nigeria, deepening its investment footprint in the West African nation’s energy sector as it pivots further toward …
Shell
-
-
In the NewsOil & Gas
US Clears Shell and Trinidad to Revive Venezuela’s Offshore Dragon Gas Project
KEY POINTS The United States has granted approval for Shell and the government of Trinidad and Tobago to jointly advance development of the long-stalled Dragon offshore gas field in Venezuelan …
-
MarketsOil & Gas
Shell, Agip Secure 12.5% OML 118 Stake as TotalEnergies Exits With Regulator’s Nod
KEY POINTS Nigeria’s upstream regulator has approved the transfer of TotalEnergies’ 12.5% interest in Oil Mining Lease (OML) 118 to two of its long-time partners, Shell Nigeria Exploration and Production …
-
KEY POINTS Indian Oil Corp, the country’s largest refiner, has stepped back from its usual appetite for American crude, choosing instead to snap up barrels from Nigeria and the Middle …
-
KEY POINTS Amnesty International has declared that oil giant Shell cannot wash its hands of decades of environmental destruction in Nigeria’s Niger Delta, despite selling its subsidiary and exiting the …
-
KEY POINTS Egypt has signed four oil and gas exploration agreements worth more than $340 million, a move the government hopes will slow declining production and reassert the country’s role …
-
In the NewsOil & Gas
Shell, bp and Exxon Bet Big on Libya’s Oil Comeback After Decade of Instability
KEY POINTS Libya’s oil and gas industry is making a resurgence after years of instability and underinvestment, attracting the interest of major players in the global energy market. In an …
-
KEY POINTS Shell is expanding its natural gas operations in Egypt, reaffirming its long-term commitment to the country’s energy sector. During a high-level meeting held in Cairo, Karim Badawi, Egypt’s …
-
KEY POINTS Shell, through its affiliate BG International, has announced a final investment decision (FID) to develop the Mina West gas discovery in Egypt’s Mediterranean Sea, signaling a major step …
-
Shell pauses construction of a major biofuels project in the Netherlands due to weak market conditions. The decision reflects a shift by Shell to prioritize oil and gas production under …