Global oil giants are recalibrating their strategies, channeling investments back into fossil fuels despite earlier commitments to transition toward cleaner energy sources. This shift is driven by financial imperatives and …
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Business InsightsBusiness PoliciesEnergyEnvironment
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BusinessEnergyNigeriaOil & GasWestern Africa
Shell Petroleum Development Company to resume crude oil export operations at Forcados Oil Terminal
Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the pipeline went in for weeks. The SPDC’s media relations manager, …
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Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the pipeline went in for weeks. The SPDC’s media relations manager, …
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Kenyan households can now breathe a sigh of relief as prices of cooking gas drop by over Sh100. A spot-check by Capital Business showed that a six-kilogram cylinder price of Rubis Energy …
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AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
Shell acquires Nigeria’s Daystar power in first Africa power buy
Energy giant Shell Plc has acquired Nigeria-based hybrid solar power solutions provider Daystar Power, in its first acquisition of a power firm in Africa. Founded in 2017, Daystar Power is …
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AfricaAFRICA NEWSBusinessEnergyNewsOil & GasScienceSouth AfricaSouthern AfricaTechnology
South African court stops energy giant Shell from seismic survey along wild coast
A South African court has delivered a judgement putting an end to the use of seismic waves by energy giant Shell to explore for oil and gas off the Wild …
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Shell Petroleum Development Company (SPDC) has the shutdown its floating, production, storage and offloading (FPSO) vessel, located off the Bayelsa coastline due to water leakage. The FPSO is a floating vessel used …
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AfricaBusinessNewsNigeriaOil & GasWestern Africa
Shell to monitor pipelines with drones in Niger Delta
The Shell Petroleum Development Company (SPDC) says it will acquire drones to monitor its pipelines and wellheads in the Niger Delta region. Igo Weli, SPDC’s general manager, external relations, made …
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Five international oil companies operating in Nigeria’s oil and gas sector are to remit an outstanding balance of about N400bn to the Federation Government through the Nigerian National Petroleum Company …
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Shell Petroleum Development Company of Nigeria (SPDC) Limited on Friday threatened to leave the country over theft of crude oil and production challenges. The company’s Managing Director, Osagie Okunbor, who …