Shell Loses N202m Daily To Vandals, Oil Thieves

Shell Loses N202m Daily To Vandals, Oil Thieves

Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202 million daily in revenue to activities of criminals in the Niger Delta. The company attributed the loss to daily attacks on its pipelines by suspected crude...
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Shell Launches Electric Vehicle Chargers

Shell Launches Electric Vehicle Chargers

Shell is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia. The electric vehicle charging service, ‘Shell Recharge’, will be available at 10 Shell petrol stations in Singapore by October, th...
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Shell Seals Deal On 14 New LNG-Fueled Tankers

Shell Seals Deal On 14 New LNG-Fueled Tankers

As part of its measures to decarbonise shipping, Oil and gas major, Shell has reached agreements to charter a fleet of up to fourteen new liquefied natural gas-fueled crude oil and products tankers,  Namely, Shell Tankers (Singapore) agreed a long-term...
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Shell Explains Investment In Corvus Energy

Shell Explains Investment In Corvus Energy

Shell Ventures, the corporate venture capital arm of Shell, has decided to invest in Corvus Energy, a Canada-based provider of energy storage systems. As explained, the investment will help Corvus Energy expand internationally and further enhance its position ...
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Shell, Exxon Mobil Target Re-Entry Into Somalia’s Upstream Sector

Shell, Exxon Mobil Target Re-Entry Into Somalia’s Upstream Sector

Shell  and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement. Shell and Exxon Mobil had a joint venture...
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Shell Nigeria Targets 2,400MW Electricity From Gas Project In Imo

Shell Nigeria Targets 2,400MW Electricity From Gas Project In Imo

The ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2400 Megawatts which is enough to provide uninterrupted electricity to about 2.4....
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Shell Nigeria Leads IOCs In Local Content

Shell Nigeria Leads IOCs In Local Content

The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the Nigerian Oil and Gas industry. The News Agency of Nigeria (NAN) reports that ...
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Shell, Unilever, Heineken, Others Partner Maersk On Decarbonixation Of Ocean Shipping

Shell, Unilever, Heineken, Others Partner Maersk On Decarbonixation Of Ocean Shipping

Convinced of the urgency to act on climate, a group of Dutch multinationals – FrieslandCampina, Heineken, Philips, DSM, Shell and Unilever – all members of the Dutch Sustainable Growth Coalition (DSGC), will join forces with A.P. Moller – Mae...
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New LNG Carrier Begins Charter To Shell

New LNG Carrier Begins Charter To Shell

Greece-based LNG carrier, GasLog Gladstone and GasLog Warsaw are to commence long term charter to Shell.  Owner and operator, GasLog recently named the two new Samsung Heavy Industries-built ships at  a ceremony on March 12.  According to the company, the.....
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Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market

Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Sunday has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State.  The project is regarded as a  major momentum to the domestic gas...
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Total To Sell Stake In LNG Terminal To Shell

Total To Sell Stake In LNG Terminal To Shell

French energy major Total has decided to sell its 26 per cent  equity stake in Hazira LNG regasification terminal in India to Shell which holds 74 per cent  in the facility. The duo signed a binding Letter of Intent (LOI) for...
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Shell To Sell $2B Nigeria Oil Assets

Shell To Sell $2B Nigeria Oil Assets

The Anglo-Dutch oil major is discussing selling oil mining licenses 11 and 17 to Heirs Holdings Ltd., a company run by Nigerian tycoon Tony Elumelu, the people said. Included in the sale are infrastructure assets such as a natural gas-fired...
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Shell Nigeria Increases Domestic Gas Distribution Capacity By 150%

Shell Nigeria Increases Domestic Gas Distribution Capacity By 150%

Shell Nigeria Gas (SNG) Limited has increased its domestic gas distribution capacity by 150% over the last six months. The increase in capacity will enable the company to distribute more than 100 million standard cubic feet of gas per day...
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Ex-Shell Boss, Ovueraye Heads KSM New Executive Board

Ex-Shell Boss, Ovueraye Heads KSM New Executive Board

The Order of the Knights of Saint Mulumba Nigeria (KSM) has elected Diamond Ovueraye, as the Supreme Knight and head of the new supreme executive board to govern its affairs for the next four years.  The group in a statement...
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