Tag: Shell
Shell follows Exxon as it hits the downgrade button
Shell PLC weighed in with what is likely to be part of a sectorwide rebasement of forecasts as it reported a sharp decline in...
Shell to shut production at two oil facilities in the Gulf...
Shell said on Sunday that it would shut production at its Stones and Appomattox facilities in the Gulf of Mexico as a precautionary measure...
Nigerian communities file N500 billion suit against Shell to halt sale...
More than 1,216 residents from the host communities have filed a N500 billion claim against Shell Petroleum Development Company, alleging a violation of an...
Shell accuses Venture Global of “wrongfully earning” $3.5bn
● NLNG entangled in similar dispute
Shell says Venture Global wrongfully earned $3.5 billion by breaching an LNG supply contract, the Financial Times reports.
Shell LNG...
Shell to cut 20% of workers in oil and gas exploration...
Shell is planning to cut a fifth of its workforce in two oil and gas exploration divisions, as a cost-cutting drive by chief executive...
Shell confirms oil spill, repairs in Rivers community
Oil giant, Shell Petroleum Development Company of Nigeria Limited, has confirmed a spill on its Trans Niger Pipeline in Elelenwo in Obio/Akpor Local Government...
Shell joins chase for “big prize” off South Africa’s west coast
Shell is seeking government permission to drill up to five ultra-deep offshore wells off the west coast of South Africa, a draft scoping report...
Shell heist: Two ex-employees make profit of at least $1 million...
Two former Shell employees, whom the prosecution described as leaders in a conspiracy to misappropriate gas oil from the oil giant’s Pulau Bukom facility,...
Shell takes final investment decision on gas supply to Dangote
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners – Nigerian National Petroleum Company Limited, TotalEnergies EP Nigeria Limited,...
Shell eyes $6bn in Nigeria offshore, gas investments
Oil giant Shell sees $6 billion in investment opportunities in Nigeria, especially in offshore, gas and liquefied natural gas (LNG) projects, the country’s presidency...
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