Shell reports that remittances to Nigeria fell 62 percent to $2.02bn in 2025 following divestment from onshore operations.

Add Yahoo as a preferred source to see more of our stories on Google. FILE - A member of Shell staff on the Bonga offshore oil Floating Production Storage and Offloading vessel off the coast of the ...

Shell said its payments in 2025 to countries where it has upstream operations fell 15% to $23.8B, with Brazil surpassing ...

Add Yahoo as a preferred source to see more of our stories on Google. The Shell Oil Company logo is seen at a gas station. Energy giant Shell announced 16 January that it has reached a deal to sell ...

Shell Nigeria Gas (SNG), says it is expanding its natural gas distribution network to help industries cut operating costs, ...

By Isaac Anyaogu LAGOS, May 15 (Reuters) - Nigeria is losing vast mineral revenues to a web of illegal trading networks dominated by foreign buyers, shell companies and armed criminal groups, a joint ...

Shell plc SHEL recently announced a deal involving the sale of its Nigerian onshore oil and gas subsidiary. The multinational energy company has agreed to sell the Shell Petroleum Development Company ...

ABUJA, Nigeria — The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered environmental damage after oil giant Shell's sale of its ...

In a statement posted on its website on Tuesday, Shell announced that it has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited ...

The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore. By Stanley Reed Shell said Tuesday that it had agreed ...

ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.4 billion, the latest move by the energy ...