Algerian state-run oil company Sonatrach will soon sign partnership agreements with Royal Dutch Shell PLC and Exxon Mobil Corp. on shale gas exploration in the north African country, the firm's chief executive, Abdel ...
Libya's state oil company criticized Royal Dutch Shell PLC for its decision to abandon exploration blocks in Libya, and said that Shell "has generally not achieved any encouraging results" in the North African country.
Badr El Din Petroleum Company (Bapetco) has completed drilling two new developmental wells in its Western Desert concession area as part of its development plan for the 2011/2012 fiscal year.
Royal Dutch Shell's Nigeria operation is working on selling three oil blocks in its latest move to divest some onshore assets, a spokesman said on Friday.
Shell has decided to quit its Libyan exploration blocks amid insecurity and harsh contracts, in the first such move since the overthrowing of Muammar Gaddafi's regime.
Badr El Din Petroleum Company (Bapetco) has concluded the drilling of a new exploratory well in its Western Desert concession area as part of its exploration plan for the 2011-2012 fiscal year.
Gas-rich Qatar is ploughing more of its commodity wealth back into the sector with the purchase of a major stake in Royal Dutch Shell, while also reportedly eyeing a chunk of Italian oil major ENI.
Anglo-Dutch supermajor Shell announced it had reached an agreement with Cove Energy on the terms of a recommended cash offer which values the latter at 1.12 billion British pound ($1.8 billion).
Royal Dutch Shell Plc is assessing projects that could be worth around $4 billion to boost oil production in Nigeria and cut flaring of associated natural gas, Chief Executive Peter Voser said in comments published o ...
ABB, the leading power and automation technology group, has won a $60 million contract from Shell Gas Iraq B.V. to build a new power plant in southern Iraq.