Shell Archives — City Business News

December 16, 2024 No Responses

Tinubu Celebrates Shell, Partners’ $5b Deepwater Investment

President Bola Ahmed Tinubu welcomes Shell and its partners’ announcement of the Final Investment Decision (FID) on the Bonga North Deep Offshore Field.A statement issued on Monday by Bayo Onanuga, Special Adviser to the President,(Information & Strategy) explained that the...

November 13, 2024 No Responses

Shell Reiterates Support For Energy Security In Nigeria

SHELL will continue to power progress in the drive for energy security in Nigeria through its businesses in the Upstream, Midstream and Downstream and Renewables sectors, Country Chair, Shell Companies in Nigeria and Managing Director, The Shell Petroleum Deve...

October 25, 2024 No Responses

NCDMB, Shell JV Partners Donate Engineering Studio, ICT Hub To FUTO

The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company (SPDC), with its joint venture (JV) partners, on Thursday unveiled world-class engineering design studios and an information and communication technology (ICT...

August 31, 2024 No Responses

Shell To Cut Hundreds Of Jobs

British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with the matter said Friday. The cuts will affect two units...

June 21, 2024 No Responses

Shell Inaugurates Dual-Use Megawatt Charger

Anglo-Dutch energy major Shell has inaugurated its first self-developed megawatt charger for dual use by both shipping vessels and electric trucks at the Energy Transition Campus Amsterdam (ETCA) in the Netherlands. Integrated into ETCA’s power and hydr...

May 28, 2024 No Responses

Shell Partners Hyundai On Liquefied Hydrogen Carriers

South Korean shipbuilding conglomerate HD Hyundai has partnered with UK energy major Shell to work on the development of large liquefied hydrogen (LH2) carriers. HD Hyundai’s units HD Korea Shipbuilding and Offshore Engineering (HD KSOE) and HD Hyundai ...

April 15, 2024 No Responses

Shell Sues FIrm As NLNG Risks Sanctions From UK Court

FOLLOWING restriction of Liquefied Natural Gas (LNG) supply to its customers, Shell Plc has made claims against Venture Global LNG(VGL), a United States-based LNG exporter, for its breach of contract to supply LNG cargoes.Also, Nigeria LNG may risk sanctions f...

March 17, 2024 No Responses

Shell To Deploy New ‘Cutting-Edge’ Vessel

Singapore-based shipbuilding player, PaxOcean Group, has delivered a vessel, scheduled to work off the coast of Brunei for Brunei Shell Petroleum (BSP), a subsidiary of the UK oil major Shell. The Vessel was delivered to Automac Mult...

January 18, 2024 No Responses

Shell Suspends All Red Sea Shipments

Shell has suspended all shipments through the Red Sea indefinitely amid the ongoing Houthi attacks from Yemen on commercial vessels on the key global trade route. Shell is the latest firm in a long line of companies, which decided to...

December 29, 2023 No Responses

Shell, Qatar Seal Crude Supply Deal

Qatar’s state-owned oil and gas company, QatarEnergy has entered into a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore. Commencing in January 2024, the deal encompasses the supply of up to 18 million bar...

October 14, 2023 No Responses

Shell Probes Leak From Bayelsa Flow Station

The Shell Petroleum Development Company of Nigeria has confirmed the October 3 oil spill from its facilities at Peremabiri community in Southern Ijaw Local Government Area of Bayelsa State. Michael Adande, a Spokesperson for SPDC, confirmed the development to ...

October 8, 2023 No Responses

Shell’s LNG Bunker Vessel Debuts

Shell’s liquefied natural gas (LNG) bunker vessel New Frontier 2 has completed its inaugural bunker operation at the Port of Jamaica. The bunkering operation was carried out in Portland Bight with the assistance of the Maritime Authority of Jamaica and...

September 10, 2023 No Responses

MOL, Shell Sign Carbon Emissions Liabilities MoU

Japanese shipping major, Mitsui O.S.K. Lines (MOL) and Shell Marine Products Singapore, a business division of Shell Eastern Trading Pte, have signed a Memorandum of Understanding (MoU) on a joint focus on the advancement of alternative maritime solutions and ...

September 8, 2023 No Responses

Shell, Firms Unveil New Hybrid Electric LNG Carrier Design

Shell Shipping and Maritime, CSSC Hudong-Zhonghua Shipbuilding and Wärtsilä Marine have launched a new hybrid electric liquified natural gas (LNG) carrier design. Unveiled at this week’s Gastech 2023 in Singapore, the project is a result of a broad industr...