Shell has received environmental authorisation to drill up to five deep-water wells off South Africa’s west…
Tag: Shell
Shell Warns of Lower Q2 Trading Results Despite Stronger Refining Margins
Shell projects a mixed financial performance across its portfolio for Q2 2025. The company anticipates weaker…
Shell Eyes BP as Oil Giants Stir Merger Buzz
After reports suggested Shell might pursue an acquisition, BP shares climbed on Monday, May 5. Investors…
Chevron, Shell Shift Focus to Mediterranean as Red Sea Exploration Falters
Oil giants Chevron and Shell have exited Egypt’s Red Sea exploration blocks after their drilling efforts…
Shell Lowers First-Quarter LNG Production Outlook
Shell lowered its first-quarter liquefied natural gas (LNG) production outlook in a trading update on Monday,…
President Bola Ahmed Tinubu Appoints Ojulari as New NNPC Boss
President Bola Ahmed Tinubu dismissed the board of the Nigerian National Petroleum Company Limited (NNPC). The…
Shell Shuts Down Large-Scale Solar Wind in Brazil Amid Strategic Shift
Shell announced on March 27 that it will discontinue its solar and onshore wind power generation…
Shell Flags Uncertain Outcome of $1.6-Billion Russian Court Claim
The outcome of a Russian claim against Shell for alleged unpaid natural gas deliveries is uncertain.…
Renaissance Africa Acquires Shell’s 30% Stake
Renaissance Africa Energy Holdings has acquired Shell’s entire equity holding in Shell Petroleum Development Company (SPDC)…
Nigeria Moves to Restart Oil Production in Vulnerable Region Post-Shell Exit
The Nigerian government is in talks with local communities to restart oil production in a region…