Tag: Shell

After close to a decade of court action, some Nigerian farmers have finally gotten the compensation that they deserved as Shell has agreed to pay $16m (£13m) to four Nigerian ...

Shell has signed a deferral amendment of the LNG delivery commercial agreement with GNPC and Tema LNG Terminal Company which effectively frees it from its earlier commitment to be paying ...

Shell and TotalEnergies, the two largest energy companies in Europe have reported a profit of over US$9 billion in the third quarter, though Shell’s liquefied natural gas (LNG) division struggled to ...

UN Secretary General, António Guterres, has called on developed economies to tax the windfall profits of fossil fuel companies. According to him, the move will provide help for countries suffering ...

The ExxonMobil and Shell- the two supermajors in Netherlands, which own 50-50 NAM joint venture has started the process of selling their natural gas production companies. The sale of the ...

Shell has reported record profits of $11.5 bilion (£9.4 billion) for the second quarter, more than double last year's figure of $5.5 billion (£4.5 billion). The oil giant had already ...

Last Year was a rollercoaster ride for the downstream petroleum market as the sector remained tight for the most part of the year, extending well into 2022. Although prices may ...

Energy giant, The Royal Dutch Shell has announced plans of reducing its number of jobs from between 7,000 and 9,000 by the end of the year 2022.   In a release sited by ...