Shell Archives — Page 3 of 7 — City Business News

July 2, 2022 No Responses

NCDMB Partners Shell, Exxon, NAOC On Oil & Gas Parks

By Moses Ebosele, ebosele@hotmail.com — Major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and Exxon Mobil Nigeria, and the Nigerian Agip Oil Company (NAOC) have made significant investments in support of the ongoing development of the...

May 24, 2022 No Responses

Shell Inaugurates Oloibiri Health Programme Phase-2

Energy company, Shell, has inaugurated the second and final phase of its comprehensive health care projects for Oloibiri and other communities in Ogbia Local Government area of Bayelsa State. “Corporate Social Responsibility means doing well. What you ...

May 6, 2022 No Responses

Shell Records $9.13b Profits In Three Months

Energy giant Shell has reported its highest ever quarterly profits as oil and gas prices surge around the world. Shell made $9.13bn (£7.3bn) in the first three months of the year, nearly triple its $3.2bn profit it announced for the...

April 5, 2022 No Responses

NLNG Plants: FG Charges Shell, Chevron, NNPC, Others On Gas Supply

The Federal Government has appealed to partners in Nigeria Liquified Natural Gas (NLNG) project to allow transportation of third-party gas through joint pipelines as part of measres to increase gas supply to the plant. Minister of State, Petroleum Resour...

March 22, 2022 No Responses

Shell Reconsiders Exit From Oil Field Off Shetland

Shell is reconsidering its recent decision to pull investment from a large new UK oil field, the BBC understands. In December, Shell said the economic case – along with possible regulatory delays – meant it was withdrawing from the Cambo...

March 7, 2022 No Responses

Shell Defends Decision To Buy Russian Crude Oil

Shell has defended its decision to purchase Russian crude oil despite the invasion and bombardment of Ukraine. The oil giant said in a statement that the decision to purchase the fuel at a discounted price was “difficult”. It confirmed ...

March 3, 2022 No Responses

Shell, NNPC, Totalenergies, NAOC, Dangote Fertilizer Seal Gas Supply Deal

Leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners – Nigerian National Petroleum Corporation Limited (NNPC), Totalenergies EP Nigeria Limited, and Nigerian Agip Oil Company (NAOC) – on W...

February 4, 2022 No Responses

2021:Shell Declares $20.1b Net Profit

Shell surged back into profit last year as oil prices rocketed on recovering demand with economies reopening from pandemic lockdowns. Net profit stood at US$20.1 billion following a loss after tax of US$21.7 billion in 2020, Shell said in a...

January 24, 2022 No Responses

Shell Nigeria Gets Port Harcourt Polo Club Award

Shell Nigeria Exploration and Production Company (SNEPCO) was recently, in Port Harcourt, Rivers State honoured with the Crystal Award at the prestigious Port Harcourt Polo Club’s 50th Anniversary celebrations, Speaking at the eve...

December 29, 2021 No Responses

Court Blocks Shell’s Oil Exploration

A South African court has halted oil giant Shell’s seismic testing for oil and gas along the country’s eastern coastline, pending a final ruling. The decision has been hailed by environmentalists who fear that the sound blasting will harm mar...

December 3, 2021 No Responses

Shell Photo News

L-R; Director Monitoring and Evaluation, Nigeria Content Development and Monitoring Board (NCDMB); Tunde Adelana, Chairman Petroleum Contractors Trade Section, Tayo Akinkumi; Executive Secretary, NCDMB, Simbi Wabote; Managing Director, Shell Nigeria Exploratio...

November 29, 2021 No Responses

Shell Implores Nigeria On Two-Pronged Energy Transition Strategy

The Country Chair of Shell Companies in Nigeria, Mr. Osagie Okunbor, has advised that Nigeria should adopt a two-pronged strategy for its energy transition programme in response to global call to reduce exploitation of fossil fuels and production of ...

November 16, 2021 No Responses

Shell Moves HQ To UK, To Change Name, Revamp Share Structure

Royal Dutch Shell plans to move its headquarters to Britain, simplify its share structure and change its name as part of an overhaul that executives say will better position the oil and gas giant’s transition to a cleaner energy business. ...

November 6, 2021 No Responses

Shell Restarts Production At Offshore Gulf Of Mexico

Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida. The oil...