Nigeria approves Shell’s $1.3 billion asset sale to Renaissance
The deal would fulfill Shell’s long-term goal of exiting operations in the challenging Niger Delta area
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Shell, Turkey sign 10-year LNG supply deal in regional gas hub push
The contract includes an option for the gas to be delivered to European terminals outside Turkey, Bayraktar said, adding that it will give Botas “critical capabilities” in LNG shipping.
Group warns Ogoni youths against threats to disrupt Shell-operated Trans Niger Pipeline
I want to call on our youths to desist from issuing threats as a means of achieving their goals. If there are issues, we should explore all peaceful means to dialogue and get things resolved.
Shell resumes crude oil export at Forcados Terminal
The SPDC’s Media Relations Manager, Mrs Abimbola Essien-Nelson, confirmed to news agency on Friday in Lagos. SPDC had said that the Forcados Oil Terminal would resume export operations by the end of October, when the ongoing essential repairs would have been completed.
Shell acquires first Africa-based clean energy company, Daystar Power
Shell will acquire Daystar Power, subject to regulatory approvals, to deliver carbon emission reductions and power cost savings to C&I businesses across Africa
Nigerian govt, Shell in talks over sale of oil assets
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said the Federal Government is in talks with Shell over the planned sale of the company’s stakes in Nigeria’s onshore oil assets.
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NNPC negotiates fresh commercial contract terms with oil majors to retain investments
The Nigerian National Petroleum Corporation (NNPC), is renegotiating commercial contract terms with major oil firms, the Group Managing Director of the national oil company, Mallam Mele Kyari, has disclosed.
Nigerian Liquefied Natural Gas selects Train-7 project contractor
The expansion of LNG Train-7 plant, a Nigerian Liquefied Natural Gas project, is anticipated to attract $10 billion in foreign direct investment in the next five years. After a 12-year delay, the Nigerian Liquefied Natural Gas (NLNG) Limited will now go ahead with the expansion of its LNG capacity by an additional eight metric tonnes…
Court orders FG to renew Shell’s OML 11 for 20 years
Abdullahi Dangiwa – Abuja The Federal High Court in Abuja on Friday ordered the Minister of Petroleum Resources to grant the renewal of the Oil Mineral Lease 11 to Shell Petroleum Development Company of Nigeria for 20 years. Justice Taiwo Taiwo, in his judgment delivered on Shell’s suit, ruled that renewal would be for 20…
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