Page 254 - Shell Plc News Today

Shell's sale of a multibillion-dollar stake in a JV that operates oil fields in Nigeria has attracted bids from four local companies.

Shell’s 30% operating interest could fetch as much as $4bn.

Shell has yet to disclose the scale of potential future costs related to litigation or decommissioning and abandoning oil wells...

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Highlights schisms within government that are hampering its drive to reduce its fossil fuel dependence.

Investegate announcements from Shell plc, Transaction in Own Shares

Shell Plc’s sale of a multibillion dollar stake in a joint venture that operates oil fields in Nigeria has attracted bids from four local companies, according to people familiar with the negotiations. Seplat Energy Plc, Sahara Group Ltd, Heirs Oil and Gas Ltd and ND Western Ltd submitted the non-binding offers in January, said the…

Namibia, a country that has never produced a single barrel of oil, is quickly becoming one of the most exciting energy hotspots of the year

NEW YORK: Exxon Mobil Corp will accelerate the pace of a US$10bil (RM41.86bil) share buyback after posting the biggest profit in almost eight years amid a broad rally in energy prices.

Shell announced an $8.5 billion share buyback program in the first half of 2022 and expects to raise its dividend by 4% to $0.25 per share in the first quarter.