Shell Petroleum Development Company of Nigeria Limited (SPDC) has received ministerial consent to sell its Nigeria onshore oil business to Renaissance Africa Energy Company Limited. Renaissance Africa Energy Company Limited disclosed this in a statement on Wednesday, saying the approval marks a significant step forward from the announcement of the Sale and Purchase Agreements. “Renaissance … Read more
President Bola Tinubu welcomes Shell and its partners’ announcement of the Final Investment Decision (FID) on the Bonga North Deep Offshore Field. A statement by Bayo Onanuga, special adviser to the President (Information & Strategy), said the landmark development, Nigeria’s first deepwater oil project in over a decade, underscores the transformative impact of the President’s … Read more
The BMW driver caught on video verbally abusing a petrol attendant attempting to clamp his car’s wheel has issued a formal apology for his behaviour. The incident took place at a Shell petrol station in Rondebosch in Cape Town. Apologise in person In addition, the car owner, identified as Renzo Torrente, offered to apologise in … Read more
SINGAPORE: Singapore agencies said on Monday (Oct 21) they are working closely with British petrochemical company Shell to clean up a mixture of oil and water that leaked into the sea between Bukom Island and Bukom Kecil. Shell had said in a media statement on Monday evening that about 30 to 40 metric tonnes of “slop” … Read more
Two Nigerian communities in the oil-rich Niger Delta have secured a pivotal legal victory against Shell’s Nigerian subsidiary, Shell Petroleum Development Company (SPDC), in the Court of App Court of Appeal, as reported by Leigh Day. The communities, Bille and Ogale, both in Rivers State in the Niger Delta, South-south of Nigeria, commenced the legal … Read more
Shell has appointed Ronald Adams as the new managing director for its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited (SNEPCo). The appointment takes effect from 1 October, a statement by the company said Tuesday. According to the statement, Mr Adams, formerly Chief Executive Officer of Atlantic LNG, Trinidad and Tobago, takes … Read more
There’s a new comet in the sky that has gained a lot of attention lately over its potential to become visible to the naked eye. Comet C/2023 A3 (Tsuchinshan–ATLAS) was discovered by observatories in China and South Africa in early 2023. Believed to have originated from the Oort Cloud — a giant spherical shell that … Read more
The Alberta government kicked off a flurry of activity three years ago when it began awarding the rights to underground caverns for storing carbon emissions. The gold rush was underway as companies announced dozens of projects and competed to stake their claim for those rights. The wave of new projects raised expectations that the oilpatch … Read more
Shell Canada has announced it will forge ahead with a pair of carbon capture projects in Alberta, after recent setbacks for other proposed projects in the sector have cast doubt on the technology. The Calgary-based operator said Wednesday it has made a final investment decision for its Polaris carbon capture project at its Scotford refinery … Read more
Cost of Living5:50Why is gas always more expensive in the summer? As summer approaches, Canadian drivers have likely already experienced the all-too-familiar rise in prices at gas station pumps. A boosted demand for gasoline by people on road trips affects prices, as did the latest increase in the federal carbon tax in most provinces and territories. But there’s another key … Read more
