Kuwait’s state-run oil firm has signed three contracts to import 2.5m tons of liquefied natural gas (LNG) a year through 2020 to meet the country’s needs, a company official said.
Nigeria will get $200m in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol shortages that has hit the OPEC producer, the head of state-run oil firm NNPC said.
Italian prosecutors are investigating Royal Dutch Shell’s involvement in a Nigerian oil deal, drawing the oil company into a corruption probe over the acquisition of an offshore field in the African country in 2011 t ...
OPEC oil output was rising in March as higher supply from Iran after the lifting of sanctions and near-record exports from southern Iraq offset maintenance and outages in smaller producers.
Apache Corp. and Royal Dutch Shell Plc plan to start producing unconventional gas from their joint venture in Egypt’s Western Desert by the end of June 2016.
Royal Dutch Shell has paid $1.94b it owed to the National Iranian Oil Company, settling debts after sanctions against the country were lifted in January.
Royal Dutch Shell Plc is lining up assets for a $30b divestment program between 2016 and 2018 that may extend from the US and Trinidad to India following its record takeover of BG Group.
Royal Dutch Shell, Europe's largest oil company, expects to make robust investments in Brazil's offshore resources, hoping to quadruple oil and gas output of the country by 2020, while predicting that oil prices woul ...
Royal Dutch Shell has announced it would postpone the Final Investment Decision (FID) on the $12b Bonga South-West oil project in deep-water Nigeria amid the sustained drop in oil prices, as its adjusted profit fell ...
The National Iranian Oil Company (NIOC) and Royal Dutch Shell have agreed that the Anglo-Dutch company will clear off its debt of $2.3b, outstanding since 2011, once the international sanctions are completely removed.