Tag: Shell

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Shell wins UK Supreme Court case on 2011 oil spill off Nigerian coast

The UK Supreme Court ruled on Wednesday that it was too late for Nigerian claimants to sue two Shell subsidiaries over a 2011 offshore...

Shell posts $10 billion profit as trading offset lower energy prices

Shell on Thursday posted first-quarter net profit of US$9.65 billion, topping analysts' forecasts, as strong earnings from fuel trading and higher liquefied natural gas...

Shell pulls out of large carbon capture project in northern England

Shell (SHEL.L) has decided to pull out of the Northern Endurance Partnership, one of Britain's largest carbon capture and storage (CCS) projects aimed at decarbonising industrial clusters. Shell said...

Shell launches its first electric ferry at Singapore plant

Shell Plc (SHEL.L) on Monday launched its first electric ferry globally at its Singapore refinery and said it would work with the city-state's port authority to...

Nigerians accuse Shell of delay in oil spill London lawsuits

Shell Plc (SHEL.L) is attempting to shield itself from scrutiny over pollution in Nigeria's oil-producing Niger Delta, lawyers representing more than 13,000 Nigerians argued at London's...

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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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