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Shell

  • In the NewsOil & Gas

    Shell’s Oil Exploration in South Africa Faces Hurdles Amid Gas Pump Exit

    by Motoni Olodun May 11, 2024
    by Motoni Olodun May 11, 2024

    Shell’s oil exploration ambitions in South Africa are encountering potential roadblocks as the nation considers curbing its activities in response to the energy giant’s pivot away from fossil fuels. Recent …

  • In the News

    Shell Exits South African Downstream Market

    by Victor Adetimilehin May 7, 2024
    by Victor Adetimilehin May 7, 2024

    Energy giant Shell has announced its decision to exit South Africa’s downstream market, following a comprehensive review of its global operations. The move comes after more than a century of …

  • In the News

    Shell Seeks Extended US License for Venezuelan Gas Project

    by Victor Adetimilehin April 4, 2024
    by Victor Adetimilehin April 4, 2024

    Oil major Shell is pushing for a longer license from the US before giving the green light to a natural gas project in Venezuela. The “Dragon” field, located near the …

  • In the News

    Shell Adjusts 2030 Emissions Target, Prioritizes Profitability

    by Victor Adetimilehin March 15, 2024
    by Victor Adetimilehin March 15, 2024

    Oil giant Shell revised its 2030 carbon emission reduction target, focusing on short-term gains amidst an uncertain energy transition.

  • In the News

    Shell Energizes Nigeria’s Future

    by Oluwatosin Racheal Alabi February 16, 2024
    by Oluwatosin Racheal Alabi February 16, 2024

    Shell sets a new course in Nigeria with deep water expansions, gas projects, and renewable energy commitments, powering sustainable development.

  • Oil & Gas

    Dangote’s Fertiliser Plant to Receive Gas from Shell for a Decade

    by Motoni Olodun February 5, 2024
    by Motoni Olodun February 5, 2024

    Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners have announced a final investment decision to build a dedicated facility for gas supply to Dangote Fertiliser …

  • Markets

    Shell’s Exit from Nigeria: A $2.4 Billion Deal in the Making

    by Motoni Olodun February 2, 2024
    by Motoni Olodun February 2, 2024

    Shell, one of the world’s largest energy companies, is close to finalizing the sale of its Nigerian onshore subsidiary, SPDC, to a local consortium for $2.4 billion. The deal, which …

  • In the News

    Shell Exits Nigeria’s Onshore Oil After Century of Strife

    by Victor Adetimilehin January 17, 2024
    by Victor Adetimilehin January 17, 2024

    Shell, the British energy giant, has agreed to sell its onshore oil and gas business in Nigeria to a consortium of mostly local companies for up to $2.4 billion, ending …

  • Oil & Gas

    Shell Buys Two Million Tons of LNG from Canadian Project

    by Victor Adetimilehin January 9, 2024
    by Victor Adetimilehin January 9, 2024

    Shell, the global gas giant, has signed a deal to purchase two million metric tons of liquefied natural gas (LNG) per year from a proposed Canadian project, the partners announced …

  • Oil & Gas

    Shell Faces Legal Battle Over Niger Delta Oil Spill

    by Motoni Olodun January 7, 2024
    by Motoni Olodun January 7, 2024

    Oil giant Shell is facing a legal battle over an alleged oil spill in the Niger Delta that damaged waterways and farms. The company has appealed a court order to …

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