Royal Dutch Shell
Shell says FG's tax claims may delay $10b Bonga offshore field
Royal Dutch Shell said on Tuesday that Nigeria’s claims that it was owed billions in taxes could delay the development of a major oil field off the coast of the West African nation.
‘Nigerian government lost $6b to OPL 245 deal’
The Federal Government has lost an estimated $6 billion to the controversial Oil Prospecting Licence (OPL) 245 deal, according to a recent report...
Shell targets lower methane emissions from oil and gas operations
Royal Dutch Shell announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations.
Nigeria’s crude oil production may rise by 180,000bpd next year
Nigeria’s crude oil production is expected to rise further if Royal Dutch Shell and its partners, next year, decide whether to go ahead with the development of the nation’s Bonga Southwest...
FG’s $406.7m suit against Shell adjourned to October 9
A Federal High Court in Lagos on Tuesday adjourned until October 9, the alleged crude oil shipment brought by the Federal Government against Shell Western Supply & Trading Ltd.
Shell says Nigeria attacks persist even as oil output recovers
Nigeria’s oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake on output. “Security in parts of the Niger delta remains a major concern with persisting incidents of criminality, kidnapping and vandalism as well as onshore and offshore piracy,” said Igo Weli, general manager for external relations…
Shell profit soars on higher oil prices
Royal Dutch Shell said Thursday that a major recovery in oil prices enabled it to nearly triple profits in 2017.
Oil rises to approximately $56 on rising refinery demand
Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. rigs drilling for new production fell...