NNPC Plans Policies To Guide Divesting IOC Partners     The Nigerian National Petroleum Corporation has said it would outline policies to guide partners (International Oil Companies) of the corporation who wish to divest from joint ventures or the Nigerian oil and gas industry. Shell had said in...

Shell’s Annual Payment To Nigerian Govt Hits Six-year Low       The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.45 per cent in 2020 to the lowest in six years. Royal Dutch Shell said on Wednesday that its subsidiaries in Nigeria paid...

Shell Income Drops By $7.5bn   Royal Dutch Shell has recorded a drop of $7.5 billion in its income. The oil giant’s 2019 yearly report showed that its income in 2019 was $16.4 billion, down from $23.9 billion in 2018. Also the company’s earnings on a current...

Shell’s Q3 Earning hits $12.1bn Over Rising Crude Prices ….the Highest In 4 Years Oil giant Royal Dutch Shell, has revealed its third quarter(Q3) profits which soared to their highest in four years, boosted by rising crude prices as the company pushed ahead with one of...

Shell Profits Rise Over Soaring Oil Prices Royal Dutch Shell on Thursday reported a 42 percent rise in first-quarter profit, its highest in over three years, boosted by higher oil prices and production. Expectations are high for Shell to continue to generate strong profits and cash...

ROYAL Dutch Shell, weekend, confirmed plans to sell over 16 assets each worth more than $500 million. Though the report had no mention of what location or country which its assets is up for sale, but explained that the move is part of its...