KEY POINTS Libya’s state-owned National Oil Corporation, NOC, is seeking stronger cooperation with British and international energy companies as it works to increase oil and gas production, improve the efficiency …
Shell
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, remitted N7.913 trillion in statutory payments to the Federation Account between January and July 2026, even as disruptions across several …
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KEY POINTS Shell Offshore, a subsidiary of global energy major Shell, is set to acquire a 30 per cent stake in the Conifer exploration prospect in the Gulf of Mexico …
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Shell has drawn potential bidders, including ExxonMobil and LyondellBasell, for its US chemical assets, which could fetch up to $8 billion, the FT says.
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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 …