Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has approved a $2 billion Final Investment Decision (FID) for the HI offshore...
Shell Plc and Fidelity Bank Plc have joined a consortium of partners backing the $400 million expansion of the Otakikpo crude oil export terminal, a strategic...
Shell Nigeria Exploration and Production Company (SNEPCo) has signed a definitive agreement to acquire a 12.5% participating interest in Oil Mining Lease (OML) 118 from TotalEnergies...
The House of Representatives has called on the Federal Government to suspend all divestment applications by International Oil Companies (IOCs), including Shell and TotalEnergies, until they...
Shell Petroleum Development Company (SPDC) has confirmed a fresh oil spill at its facility in Ogale, Rivers State. The incident occurred when a storage pit (saver...
The House Committee on Public Accounts has launched an investigation into the Central Bank of Nigeria (CBN), Shell Petroleum Development Company, and Sterling Bank over allegations...
The Federal Government has approved the purchase of Shell Plc’s onshore assets in Nigeria to a group of local companies for $1.3 billion. Nigeria, Africa’s largest...
A Norwegian oil and gas company, Equinor (EQNR.OL) has finally exited Nigeria after selling its assets. According to reports, the company concluded the sale of its...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected Shell International Plc’s $1.3 billion bid to sell its onshore assets to the Renaissance Consortium. This decision,...
Shell Plc has announced plans to explore an offshore oil block in South Africa, near the maritime border with Namibia where recent discoveries have sparked a...