The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore. By Stanley Reed Shell said Tuesday that it had ...

Shell acquires French giant's stake in Bonga field which was producing about 123,000 barrels per day last month ...

ABUJA, Nigeria ... by the energy company to limit its exposure in the West African nation amid long-running complaints of environmental pollution caused by the oil industry. Shell called it ...

Nigeria's president has appointed Bayo Ojulari - a former Shell executive - to lead the state-owned oil company, as part of sweeping reforms aimed at cleaning up the sector dogged by allegations ...

Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of an oil spill on the Trans ... Shell Petroleum Development Company of Nigeria Limited in a statement.

Through the deal, Shell would acquire TotalEnergies’ 12.5% stake in the production sharing contract, which includes Bonga ...

Shell has agreed to sell its Nigerian onshore oil subsidiary for up to $2.4 ... billion initially for Shell Petroleum Development Company of Nigeria, with the buyer—a consortium of five ...

TotalEnergies divests 12.5% stake in Nigeria’s Bonga field to Shell • Deal aligns with strategy to cut costs and prioritize low-carbon assets • Shell expands deep-water operations with added 11,000 ...

is acquiring the Shell Petroleum Development Company of Nigeria (SPDC), Shell’s onshore oil production unit in Africa’s largest producer. SPDC is the most important oil company in the ...

Nigerian President Bola Tinubu hired the former head of a unit of Shell Plc to run the state oil company, as Africa’s biggest crude producer works to boost output and prepare the firm for an ...