This is where Ardova PLC, one of Nigeria’s foremost energy companies, and Shell Lubricants, a global pioneer in advanced ...

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 ...

LAGOS (Reuters) -Nigeria's oil regulator has approved a $510 million deal by TotalEnergies to sell its entire 12.5% interest ...

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 ...

Shell to receive additional cash payments of up to $1.1 billion. Transaction will preserve the full range of SPDC’s operating capabilities. Get ahead of Wall Street reactions—Benzinga Pro delivers ...

Shell Petroleum Development Company of Nigeria Limited, SPDC, has been renamed to Renaissance Africa Energy Company Limited ...

ABUJA, Nigeria -- 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 company to ...

Shell plc SHEL, a British multinational oil and gas company headquartered in London, has announced that its units in Nigeria awarded remarkable $1.98 billion worth of contracts to Nigeria’s companies ...

FILE - A member of Shell staff on the Bonga offshore oil Floating Production Storage and Offloading vessel off the coast of the Niger Delta in Nigeria, Monday, Dec. 26, 2011. Shell said Tuesday, Jan.

Shell will acquire 10% of TotalEnergies’ 12.5% stake for $408m (£303.47m), while Agip will take the remaining 2.5% interest ...

Shell will exit Nigeria’s onshore oil and gas after agreeing to sell its onshore assets in the largest African OPEC producer, the UK-based supermajor said on Tuesday, adding that it would remain a ...