KEY POINTS President Bola Tinubu’s approval to gazette targeted, investment-linked incentives for Shell’s Bonga South-West (BSW) deep-offshore oil project has generated strong interest across Nigeria’s energy industry, even as key …
Shell
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KEY POINTS Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a major turnaround maintenance programme on the Bonga Floating Production Storage and Offloading (FPSO) vessel as part of …
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In the NewsMarketsOil & Gas
Shell Commits $20bn to Nigeria’s Energy Sector as Tinubu Backs Bonga Southwest Project
KEY POINTS Shell Plc has promised to put about $20 billion into Nigeria’s energy sector over the next few years. This shows that investors are once again confident in the …
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KEY POINTS Shell has agreed to buy stakes in two undeveloped offshore oil blocks in Angola from Chevron, strengthening its position in one of Africa’s most important crude producing nations. …
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KEY POINTS Shell and INEOS have confirmed a new oil discovery in the deep waters of the United States Gulf, adding momentum to offshore exploration activity in one of the …
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KEY POINTS Norwegian oil and gas producer DNO has struck new oil offtake agreements with subsidiaries of Shell and ExxonMobil, securing long-term buyers for its North Sea output and unlocking …
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KEY POINTS Shell’s long-serving mergers chief Greg Gut resigned after senior executives opposed an internal push to acquire BP, according to a report by the Financial Times, shedding new light …
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KEY POINTS Britain’s accounting regulator has launched an investigation into Ernst and Young’s, EY, audit of Shell’s 2024 financial statements, escalating scrutiny of compliance failures linked to mandatory partner rotation …
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KEY POINTS Shell is preparing to return to Namibia’s waters with a new exploration drive, setting April 2026 as the start date for a renewed drilling campaign in the PEL …
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KEY POINTS Shell has withdrawn from the proposed multibillion-dollar Argentina LNG project, stepping back barely a year after it entered a project development agreement with YPF, the country’s state-controlled energy …