Shell has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy…
Europe’s biggest companies have suffered at least €100 billion in direct losses from their operations in Russia since President Vladimir Putin’s full-scale invasion of Ukraine last year. According to a report obtained, a survey of 600 European groups’ annual reports…
LEADING energy company, Shell, has announced the appointment of Mr. Ralph Gbobo as the Managing Director of its gas distribution company, Shell Nigeria Gas Limited, with effect from 1st July 2023. Ralph succeeds Ed Ubong who has taken up a new…
Major global oil companies are upscaling investment in gas development stressing that the transition to a green future will require much more natural gas. Shell Gas revealed its plans to increase gas investment and would be spending about 25 per…
By Akinyemi Precious Shell Nigeria Exploration and Production Company (SNEPCo) has made it known that a total of $907 million as taxes and royalties was paid to the Nigerian Government last year as its operations continued to contribute to the…
The Shell Petroleum Development Company, operator of the SPDC joint venture, during the week unveiled eight Host Community Development Trusts in Bayelsa State. This, it said, is a critical step for unlocking the $56million earmarked for development in line with…
Shell has halted production at Prelude LNG – the world’s largest floating liquefied natural gas facility offshore Australia – due to a trip, a spokesperson for the supermajor said recently without giving details when production could resume. “Production on the…
Two international oil majors, Shell and Schlumberger and Nigeria’s Techno Oil Ltd. have clinched awards for excellence in service delivery to Africa’s largest economy, Nigeria. The awards were bestowed on the companies on Thursday at the 6th Nigeria International Energy…
NIGERIA’s energy giant, Shell, won six of the coveted prizes at the awards ceremony of the ongoing 6th Nigeria International Energy Summit (NIES) which took place last night at the State House Banquet Hall, Abuja, confirming the energy company’s leading position…
Shell Petroleum Development Company of Nigeria, SPDC, on Monday received the highest number of awards at the Dinner and Award Night hosted by the organizers of the 2023 sixth Nigeria International Energy Summit, NIES, in Abuja. News Men reports that SPDC…
