Tag: Shell

South African Court Overturns TotalEnergies Offshore Oil Exploration Approval

Mixed Adjustments in Fuel Prices as OMCs React to Global Market Pressures

Shell acquires TotalEnergies’ 12.5% stake in Nigeria’s Bonga oilfield for $510 million, increasing its share in OML 118 to 67.5%.

“The transfer of ownership from IOCs to Nigerian firms would lead to increased output. Divestment is a global industry practice.

The reality is that the energy transition is a marathon, not a sprint.

Europe’s oil and gas sector is undergoing a significant transformation as artificial intelligence (AI) becomes a key tool for optimizing operations and addressing pressing energy security challenges.   According to ...

Namibia’s oil and gas development ambitions remain on track despite Shell’s recent announcement that some discoveries in the offshore Petroleum Exploration License (PEL) 39 are not currently deemed commercially viable. ...

Nigeria, Africa’s largest crude oil producer, has reached a milestone in its energy sector as a consortium of local companies, Renaissance, successfully acquired Shell’s onshore oil and gas assets in ...

President Bola Ahmed Tinubu’s administration is making significant strides in positioning Nigeria as a global leader in energy innovation and investment.   A testament to this is Shell’s recent announcement ...

Shell Offshore Inc., a subsidiary of Shell plc (Shell), has announced the Final Investment Decision (FID) for the Phase 3 Silvertip project, a strategic expansion aimed at enhancing production from ...