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 …
Shell
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …