Royal Dutch Shell | Egypt Oil & Gas - Part 6

Kuwait Signs Three LNG Import Deals Through 2020

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 Convinces Oil Majors to Pay $200m for Fuel Imports

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.

Shell Under Investigation With Eni Over Nigerian Offshore Oil Deal

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 Records Rise in March

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, Shell Target Unconventional Gas Production in Egypt

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.

Shell Repays $1.94b Oil Debt to Iran

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.

Shell Lining Up for $30b Divestment Plan in 2016-2018

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.

Shell Expects Oil, Gas Output in Brazil to Quadruple by 2020

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 ...

Shell Postpones Deep Water Project in Nigeria

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 ...

Shell to Settle $2.3b Debt with Iran

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.

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