Shell – Page 5 – City Business News

August 12, 2021 No Responses

Shell To Pay $111m Compensation To Nigerian Community

Royal Dutch Shell has agreed to pay the Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the “full and final settlement” to the Ejama-Ebubu community over a spill...

August 7, 2021 No Responses

Shell, Maritime Firm Seal Partnership

Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s MR pool. The company was an early adopter of the Signal Ocean platform in pro...

August 2, 2021 No Responses

Shell Appoints Elohor Aiboni First Female MD For SNEPCO

Shell has appointed Mrs Elohor Aiboni as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCO). Media Relations Manager, Shell Petroleum Development Company of Nigeria...

May 27, 2021 No Responses

Court Orders Shell To Cut Emissions By 45%

A Dutch court on Wednesday ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet.The...

April 17, 2021 No Responses

Shell’s LNG Carrier Attains 6.6% Net Savings

A Shell-chartered 170,000 cbm LNG carrier, named Methane Patricia Camila, has achieved 6.6% net savings generated by the Silverstream’s air lubrication system, Silverstream and Shell’s engineers found during operational testing. The system was retrofitted ...

April 16, 2021 No Responses

Shell plays down risk of stranded oil and gas reserves

Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to reduce its greenhouse gas emissions in the coming decades.The disclosure is...

April 3, 2021 No Responses

Shell Confirms Oil Spill In Bayelsa

The Shell Petroleum Development Company (SPDC) has confirmed oil spill from its facility at Agbura-Otuokpoti area of Yenagoa, the Bayelsa State Capital.The comapny’s Media Relations Manager, Bamidele Odugbesan, confirmed the incident in an interview with the...

March 26, 2021 No Responses

Shell Secures First LNG Bunkering Approval In Gibraltar

Global energy giant, Shell has completed its first LNG bunkering services at the Port of Gibraltar. The Port of Gibraltar, also known as Gibraltar Harbour, is a seaport in the British Overseas Territory of Gibraltar. The port was a ...

March 23, 2021 No Responses

Shell Donates 330 PPEs To FRSC

The Federal Road Safety Corps (FRSC), Rivers Command has received over 330 Personal Protective Equipment (PPEs) donated by Shell Nigeria to combat the COVID-19 pandemic. Rivers FRSC Sector Commander, Salisu Galadunci, explained in a statement t...

March 22, 2021 No Responses

Hyundai, Shell Renew Pact

Hyundai Motor Company has signed a new five-year Global Business Cooperation Agreement with Shell for clean mobility, the automaker said in a release. The agreement, which runs through 2026, marks the fourth extension of the pa...

March 19, 2021 No Responses

Shell MD Seeks Multilateral Approach In Oil, Gas Sector

Managing Director, Shell Petroleum Development Company (SPDC) of Nigeria, Mr Osagie Okunbor, has called for a multilateral approach towards efficient oil and gas sector in Nigeria. Okunbor made the call on Thursday in Abuja, at the “Soc...

March 18, 2021 No Responses

Italian Court Acquits Eni, Shell In Nigeria Corruption Case

An Italian court has cleared two global oil giants, Eni and Shell, over allegations of corruption in Nigeria. The long-running case centred around the $1.3bn (£936m) purchase of an offshore oil block in 2011. Prosecutors had alleged that the majority...

February 27, 2021 No Responses

Shell-Chartered LNG Vessel Completes Milestone Loading

Belgian inland transportation specialist, Victrol, on Friday said LNG London completed its 100th loading at the Gate LNG terminal in the Dutch port of Rotterdam. Victrol stressed in its brief statement through its social media channels, that the vessel has...

October 6, 2020 No Responses

Shell-Chartered LNG London Attains First Ship-To-Ship Milestone

LNG London has successfully completed its first ship-to-ship bunkering to a cruise vessel in the port of Rotterdam. Belgian inland transportation specialist, Victrol, explained on Monday that the development was attained on October 1, 2020. Accordi...