Shell Begins Workforce Downsizing To Trim Operational Costs
Oil major, Shell has commenced cutting hundreds of jobs, including roles within its low-carbon solutions unit.
Nigeria To Offer 12 Oil Blocks In New Oil Bid Round
The Nigeria Upstream Petroleum Regulatory Commission, NUPRC, has announced plan to unveil a new oil bid round during which 12 blocks in the continental shelf and deep offshore will be offered to bidders.
Insurance Firms Abandons East African Crude Oil Pipeline Project
Citing lack of environmental considerations and reported community pollution, key Re- insurance companies have backed out of the East African Crude Oil Pipeline (EACOP) project.
NNPCL To Play Major Role In Energy Conservation To Enhance Energy Security
The Nigerian National Petroleum Company Limited, NNPCL, has identified energy conservation, diversification, and efficiency measures as major avenues for enhancing energy security.
Shell Offers Onshore Assets For $2.4Bn To Local Entities As Activists Demand Clean Up Exercise
Oil major, Shell said Tuesday it agreed to sell its onshore business in the Niger Delta to a consortium of companies in a deal worth $2.4 billion.