Oil prices will stay low for the next ten years over Chinese economic slowdown and the US shale industry acting as a cap on any rally, Ian Taylor, CEO of Vitol Group BV, the world’s largest independent oil-trading ho ...
Nigeria is to see an increase in its crude oil exports in March, as Eni has lifted its force majeure on Brass River crude and Shell has reopened the Trans Niger pipeline.
Royal Dutch Shell has launched gas production from the Corrib field off the northwest coast of Ireland after two decades of local opposition and an investment of $3.9b (€3.6) in the field exploration and development.
ENI has declared force majeure on loadings from Nigeria's LNG export plant due to sabotage on the Ogoda-Brass transport line, planning to reschedule some shipments.
A Dutch appeals court ruled that Royal Dutch Shell may be held liable for 2008 oil spills at its subsidiary in Nigeria, potentially opening the way for other compensation claims against multinationals in the Niger Delta.
Royal Dutch Shell announced its plans for a major maintenance shutdown of its Train 2 facility at its Pearl gas-to-liquids (GTL) plant in Qatar for up to two months in March 2016.
Shell has announced an investment in a construction of a new Solvent De-asphalter (SDA) unit at the Pernis refinery in Rotterdam, designed to upgrade its oil products by removing heavier fractions from crude oil, and ...
Shell has announced the expansion of its “Intilaaqah Egypt Program” to include a 12-month training for 500 young Egyptian entrepreneurs helping them start their own businesses in 2016.