Tag: Shell

Shell to divest its South Africa’s downstream business

May 7, 2024

Shell said it will ditch its downstream business in South Africa by divesting its shares in a local company, ending 120 years of operations there. ... Read More

Nigeria Agenda 2050: changing playing field of resource sector

January 22, 2024

The past few days have been full of news for Nigeria’s resources sector: It was announced that Nigeria Agenda 2050 requires approximately $100 billion, with ... Read More

Shell, Morocco sign LNG supply agreement

July 15, 2023

Morocco’s electricity and water utility ONEE signed a deal to buy from Shell 0.5 billion cubic meters of liquified natural gas (LNG) over 12 years ... Read More

Nigerians lose UK Supreme Court’s case over Shell oil spill

May 11, 2023

The UK’s Supreme Court has ruled that it was too late for a group of Nigerian claimants to sue two Shell subsidiaries over a 2011 ... Read More

Namibia to pocket oil billions only after 2031 despite its new light oil discovery

March 9, 2023

Namibia has made its third light oil discovery 270 km off its coast in the Orange Basin, though experts say the southern African country will ... Read More

Shell to pay 15m euros in compensation to Nigerian farmers over oil spills

December 28, 2022

Shell will pay 15 million euros in compensation to Nigerian farmers for oil spills that severely polluted three villages in the Niger Delta, the oil ... Read More

Shell acquires Nigeria’s Daystar to enter African renewable energy market

September 29, 2022

The acquisition of Nigeria-based Daystar Power by Shell is significant for the UK-headquartered oil giant, which has long been active in the continent’s hydrocarbons market, ... Read More

Namibia’s dilemma: green energy champion or oil-producing nation

September 21, 2022

Namibia’s first 'green hydrogen' power plant — and also first one being built in Africa — which is expected to begin producing electricity in 2024, ... Read More

TotalEnergies eyes production license for its offshore South Africa block

September 12, 2022

The French energy giant TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right and the country’s authorities ... Read More

Namibia: Oil discoveries by Shell and Total are likely in billions of barrels

September 6, 2022

Namibian offshore oil and gas discoveries by the energy giants TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern ... Read More