British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with…
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Tag: #Shell
TotalEnergies looks to exit Nigerian onshore oil, following Shell
French energy giant, TotalEnergies is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell’s (SHEL.L), divestment last month, CEO Patrick Pouyanne said. The Shell Petroleum Development Company…
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Shell to sell Nigerian onshore oil business
Our reporter/ Shell said it has reached an agreement to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance. Renaissance is a consortium…
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Court rejects Nigeria’s compensation request against Eni, Shell
An appeals court in Milan on Friday rejected Nigeria’s $1.092 billion compensation request against Italian energy group Eni SpA and Shell Plc in civil proceedings relating to a $1.3 billion…
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Shell, Eni used Nigeria’s share of deal from OPL 245 to allegedly bribe Jonathan, others- Report
Global oil giants Shell/Eni, used Nigeria’s share of proceeds from the deal for the controversial OPL 245 to fund an alleged bribery scheme, according to an analysis by oil consultancy…
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