Shell warns of £1bn cash hit from emissions certificates payments
Shell said it expects to take a 1.3 billion US dollar (£1.04 billion) cash hit in the final quarter from payments for ...
Shell Flags $1.3 Billion Cash-Flow Hit
The energy giant said it expects the charge in the fourth quarter due to payments for emission certificates, and also ...
Sydney Morning Herald21d
Big Oil’s green dream has turned into a multibillion-dollar nightmare
Add articles to your saved list and come back to them any time. BP and Shell led Big Oil’s push into renewable energy. Now, they are leading the retreat. Last week BP announced that it had sold ...
Reuters21d
Nigeria approves Shell's $2.4 billion asset sale to Renaissance
ABUJA, Dec 18 (Reuters) - Shell (SHEL.L), opens new tab has received approval from Nigeria's oil minister for the sale of $2.4 billion in onshore and shallow-water assets to Renaissance Group ...
Cfr.org21d
Oil Price Volatility: Causes, Effects, and Policy Implications
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
Politics Nigeria21d
JUST IN: Nigerian oil firm acquires Shell Petroleum Development Company
Renaissance Africa Energy Company Limited, a Nigerian oil and gas consortium, has confirmed receiving ministerial consent for the acquisition of Shell Petroleum Development Company (SPDC). The ...
Rigzone22d
Shell Greenlights Bonga North Oil Project in Nigeria
The existing Bonga Main FPSO will be modified. New subsea hardware will be tied back to the FPSO, Shell said. The project aims to maintain oil and gas output at the Bonga facility. Bonga North is ...
Bloomberg L.P.23d
Shell, Partners to Invest $5 Billion in Nigeria’s Deep-Water Oil
Shell Plc’s subsidiary in Nigeria will begin oil and gas production offshore at the Bonga North floating facility by the end of the decade. Production should peak at about 110,000 barrels of oil ...
bnnbloomberg23d
Shell, Partners to Invest $5 Billion in Nigeria’s Deep-Water Oil
(Bloomberg) -- Shell Plc’s subsidiary in Nigeria will begin oil and gas production offshore at the Bonga North floating facility by the end of the decade. Production should peak at about 110,000 ...
Daily Post Nigeria23d
Shell confirms oil leakage at Bonny Terminal, allays fear of export disruption
The Shell Petroleum Development Company of Nigeria, SPDC has confirmed an oil leak from the Bonny Oil Export Terminal, saying the incident will not affect oil export. Mrs Gladys Afam-Anadu ...
The Punch Newspapers23d
Tinubu celebrates Shell, partners’ $5bn investment in oil sector
The investment is expected to yield approximately 350 million barrels of crude oil, according to a State House release, titled, ‘President Tinubu celebrates Shell and partners’ $5 billion deep ...
Vanguard23d
Shell records oil spill at Bonny terminal, closes pipeline
An oil spill has occurred at the Shell Petroleum Development Company (SPDC) loading terminal, (SMI), in Bonny, Rivers State, culminating in the temporary closure of the pipeline. The incident ...