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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
Shell Plc said it has suspended its plans to sell its onshore oil assets in Nigeria, responding to a Supreme Court suit over oil leak appeal filed by a community …
Shell Plc an oil major has confirmed that its planned sale of onshore assets in Nigeria will go ahead and was not affected by a Supreme Court ruling in a …
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