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 ...

Shell Nigeria Exploration and Production Company Limited (SNEPCo) took a giant stride towards cementing its hold on Nigeria’s ...

TotalEnergies has agreed to sell its 12.5% nonoperated interest in the OML 118 production sharing contract (PSC), containing ...

TotalEnergies has announced that its subsidiary, TotalEnergies EP Nigeria, has signed an agreement with Shell Nigeria Exploration and Production Company Ltd for the sale of its non-operated 12.5 per ...

In July 2024, TotalEnergies agreed to sell its 10 per cent stake in the SPDC joint venture to Chappal Energies for $860 ...

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

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The Minister of State for Petroleum Resources (Oil), Sen Heineken Lokpobiri, has said that his ministry, guided by the ...

Shell is set to decide on Bonga Southwest by 2027, following $5bn Bonga North sanction, reinforcing deepwater investments in Niger Delta.

"Monday’s wobble in US stocks did not trigger a move higher in the Vix index, which suggests that volatility is low, risk ...

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 ...