Tag: Shell

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Nigeria investigates Shell’s Trans Niger pipeline spill

Nigerian authorities and Shell's local subsidiary were on Monday investigating the cause of a spill on the Trans Niger pipeline that lasted several days. The...

UK watchdog bans some Shell renewable energy commercials

Britain's advertising watchdog on Wednesday banned some advertising by energy giant Shell (SHEL.L) on posters, television and on YouTube, saying it gave a misleading impression of...

Shell to exit European home retail energy businesses

Shell (SHEL.L) said on Tuesday that it had decided to exit its home retail energy businesses in Britain, Germany and the Netherlands due to their poor...

Shell to use new AI technology in deep sea oil exploration

Shell Plc (SHEL.L) will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies...

Nigeria needs $12 billion to clean up Bayelsa oil spills – report

Nigeria needs $12 billion to clean up decades-old oil spills in southern Bayelsa state over a 12-year period, a new report said on Tuesday,...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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