Royal Dutch Shell | Egypt Oil & Gas - Part 5

Shell, Vitol to Store Iraqi Crude at Fujairah

Royal Dutch Shell and Vitol are stepping up their operations in the port of Fujairah to store Iraqi crude as production from the OPEC member rises.

Shell Resumed Oil Exports from Forcados

Shell has resumed crude exports from the Forcados terminal in Nigeria's restive Niger Delta following repairs after a militant attack in early 2016.

Total to Build LNG Terminal in Ivory Coast

Ivory Coast signed a partnership agreement to create a consortium headed by France's Total to build a liquid natural gas (LNG) import terminal that could begin receiving gas shipments by mid-2018.

Shell Nigeria Resumed Bonny Light Exports

Royal Dutch Shell lifted its force majeure on Nigeria's Bonny Light crude exports. The Nembe Creek Trunk Line was repaired and reopened, allowing Shell to resume exports.

Egypt, Shell Agreed on Gas Re-pricing for Burulus Field

The Egyptian Ministry of Petroleum and Mineral Resources agreed with Royal Dutch Shell Petroleum Company to re-price gas produced in phase 9C from Burulus field to be the same pricing as 9B phase gas, ranging between ...

Tanzania To Speed Up LNG Project

Tanzanian President, John Magufuli, gave orders to speed up long-delayed work on a planned liquefied natural gas (LNG) plant in the Lindi Region and estimated to cost $30b

Royal Dutch Shell Plans to Limit Spending

Oil giant Royal Dutch Shell plans to increase cost savings to $4.5b following its $54b acquisition last February of BG Group, which Chief Executive Officer, Ben van Beurden, said will make it the best oil company inv ...

Shell Rules Out Repair of Damaged Oil Facility in Nigeria

Royal Dutch Shell, the largest oil producing company in Nigeria, which has suffered series of attacks on its 48-inch Forcados export pipeline that links onshore storage tanks with an offshore port, has ruled out the ...

Oil Supermajors Apply to Bid for Mexican Oil Blocks

US energy giants Exxon Mobil and Chevron are among the 21 companies that have registered to bid for Mexico's fourth phase of maiden offshore oil blocks auction, estimated to contain 4b boe in reserves, alongside Euro ...

Royal Dutch Shell Cuts Spending after Profits Fall

Royal Dutch Shell will cut its spending by another 10% this year as it warned lower oil prices were continuing to affect its business. The company said it would reduce investment to $30b from a planned $33b.

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