Royal Dutch Shell | Egypt Oil & Gas - Part 6
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, Reuters reported. As Pet...
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, Reuters informed based on a...
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, even as Apache is cutting investment in the nation because ...
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, Trade Arabia reported. Iran reclaimed its money over the past t... Shell Lining Up for $30b Divestment Plan in 2016-2018
Royal Dutch Shell Plc is lining up assets for a $30b divestment program that may extend from the US and Trinidad to India following its record takeover of BG Group Plc, according to people with knowledge of the matter...
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 ...
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. The company informed that its... 
