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Shell

  • In the NewsMarketsOil & Gas

    NNPC Remits N7.9tr to FAAC as Oil Output Falls

    by Ikeoluwa Juliana Ogungbangbe September 3, 2026
    by Ikeoluwa Juliana Ogungbangbe September 3, 2026

    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 …

  • In the NewsOil & Gas

    Shell Buys Stake in BP Gulf of Mexico Prospect

    by Ikeoluwa Juliana Ogungbangbe September 3, 2026
    by Ikeoluwa Juliana Ogungbangbe September 3, 2026

    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 …

  • In the News

    Exxon, Lyondell among suitors for Shell’s US chemical assets, FT says

    by Otobong Tommy August 24, 2026
    by Otobong Tommy August 24, 2026

    Shell has drawn potential bidders, including ExxonMobil and LyondellBasell, for its US chemical assets, which could fetch up to $8 billion, the FT says.

  • In the NewsOil & Gas

    NUPRC Backs Shell as Nigeria Targets $50bn Offshore Investment

    by Ikeoluwa Juliana Ogungbangbe August 24, 2026
    by Ikeoluwa Juliana Ogungbangbe August 24, 2026

    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 …

  • In the NewsOil & Gas

    Shell Urges Safer Operations Across Nigeria’s Oil Assets

    by Ikeoluwa Juliana Ogungbangbe August 21, 2026
    by Ikeoluwa Juliana Ogungbangbe August 21, 2026

    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 …

  • In the NewsOil & Gas

    South Africa’s Top Court Stops Shell’s Wild Coast Oil Exploration

    by Ikeoluwa Juliana Ogungbangbe August 15, 2026
    by Ikeoluwa Juliana Ogungbangbe August 15, 2026

    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 …

  • In the News

    Vietnam weighs second LNG term contract after Shell deal

    by Otobong Tommy August 12, 2026
    by Otobong Tommy August 12, 2026

    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.

  • In the NewsOil & Gas

    Shell, Venezuela Sign Deal to Develop 7 Tcf Offshore Gas Field

    by Oluwatosin Racheal Alabi June 17, 2026
    by Oluwatosin Racheal Alabi June 17, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC Resources Deal Vote

    by Oluwatosin Racheal Alabi June 14, 2026
    by Oluwatosin Racheal Alabi June 14, 2026

    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 …

  • In the NewsOil & Gas

    Shell Continued Pumping Oil Through Nigeria Pipeline Despite Known Pollution Risks

    by Oluwatosin Racheal Alabi June 5, 2026
    by Oluwatosin Racheal Alabi June 5, 2026

    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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