Shell – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 24 Feb 2026 14:17:15 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Shell – InfoStride News https://www.theinfostride.com 32 32 TotalEnergies Sells Stake in Nigeria’s Bonga Oilfield to Shell for \$510 Million https://www.theinfostride.com/totalenergies-sells-stake-in-nigerias-bonga-oilfield-to-shell-for-510-million/ https://www.theinfostride.com/totalenergies-sells-stake-in-nigerias-bonga-oilfield-to-shell-for-510-million/#respond Wed, 25 Feb 2026 04:37:49 +0000 https://www.theinfostride.com/?p=439812   French energy giant TotalEnergies has agreed to sell its 12.5 percent non-operated interest in Nigeria’s Bonga deepwater oilfield to Shell Nigeria Exploration and Production Company (SNEPCo) for \$510 million. The deal, announced on May 29, 2025, marks another significant shift in the ownership and operational dynamics of one of Nigeria’s most important offshore oil [...]

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]]> https://www.theinfostride.com/totalenergies-sells-stake-in-nigerias-bonga-oilfield-to-shell-for-510-million/feed/ 0 Shell Records Profit Decline Amid Falling Global Energy Prices https://www.theinfostride.com/shell-records-profit-decline-amid-falling-global-energy-prices/ https://www.theinfostride.com/shell-records-profit-decline-amid-falling-global-energy-prices/#respond Wed, 24 Dec 2025 09:17:15 +0000 https://www.theinfostride.com/?p=463608 Shell has announced a sharp decline in profit for its latest financial period, attributing the downturn to a slowdown in global oil and gas prices that eroded margins across its energy operations.The energy company revealed that net income for the half-year contracted year‑on‑year, with upstream revenue—generated from exploration and production—hardest hit by lower crude and [...]

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]]> https://www.theinfostride.com/shell-records-profit-decline-amid-falling-global-energy-prices/feed/ 0 Shell, Sunlink Sign $2 Billion Deal for Nigeria’s HI Offshore Gas Project https://www.theinfostride.com/shell-sunlink-sign-2-billion-deal-for-nigerias-hi-offshore-gas-project/ https://www.theinfostride.com/shell-sunlink-sign-2-billion-deal-for-nigerias-hi-offshore-gas-project/#respond Wed, 15 Oct 2025 17:23:51 +0000 https://www.theinfostride.com/?p=469157 Shell Nigeria Exploration and Production Company (SNEPCo) and Sunlink Energies have sealed a landmark $2 billion agreement to develop the long-anticipated HI offshore gas project in Nigeria. The deal, which follows a Final Investment Decision (FID) between both firms, marks a major step toward increasing the nation’s liquefied natural gas (LNG) capacity, boosting domestic energy [...]

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]]> https://www.theinfostride.com/shell-sunlink-sign-2-billion-deal-for-nigerias-hi-offshore-gas-project/feed/ 0 TotalEnergies Sells Stake in Bonga Field to Shell for $510 Million https://www.theinfostride.com/totalenergies-sells-stake-in-bonga-field-to-shell-for-510-million/ https://www.theinfostride.com/totalenergies-sells-stake-in-bonga-field-to-shell-for-510-million/#respond Fri, 30 May 2025 16:30:18 +0000 https://www.theinfostride.com/?p=438546   French oil and gas multinational TotalEnergies has agreed to sell its 12.5% non-operated interest in Nigeria’s Bonga deepwater oilfield to Shell Nigeria Exploration and Production Company (SNEPCo) in a transaction valued at $510 million. The move is part of TotalEnergies’ strategic shift toward a leaner, more efficient upstream portfolio and reflects the changing dynamics [...]

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]]> https://www.theinfostride.com/totalenergies-sells-stake-in-bonga-field-to-shell-for-510-million/feed/ 0 Nigeria in Stiff Competition for Investments — Shell https://www.theinfostride.com/nigeria-in-stiff-competition-for-investments-shell/ https://www.theinfostride.com/nigeria-in-stiff-competition-for-investments-shell/#respond Thu, 06 Mar 2025 23:37:55 +0000 https://www.theinfostride.com/?p=404699 Shell has stated that Nigeria is facing intense competition for foreign investments, as global energy firms increasingly weigh their options across various emerging markets. Speaking at an industry forum, Shell executives emphasized that while Nigeria remains a key player in the oil and gas sector, policy uncertainties, infrastructure challenges, and security concerns are affecting investor [...]

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]]> https://www.theinfostride.com/nigeria-in-stiff-competition-for-investments-shell/feed/ 0 Shell’s $2.4bn Nigerian Asset Sale Tops Africa’s M&A Deals—Report https://www.theinfostride.com/shells-2-4bn-nigerian-asset-sale-tops-africas-ma-deals-report/ https://www.theinfostride.com/shells-2-4bn-nigerian-asset-sale-tops-africas-ma-deals-report/#respond Mon, 30 Dec 2024 20:13:43 +0000 https://www.theinfostride.com/?p=399275 A $2.4 billion asset sale by Shell in Nigeria has emerged as the largest merger and acquisition (M&A) transaction in Africa this year, according to a recent report. The deal, part of Shell’s divestment strategy, underscores the growing trend of multinational oil and gas companies reducing their onshore operations in Nigeria to focus on offshore [...]

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]]> https://www.theinfostride.com/shells-2-4bn-nigerian-asset-sale-tops-africas-ma-deals-report/feed/ 0 Shell Awards $1.98 Billion Contracts to Nigerian Companies https://www.theinfostride.com/shell-awards-1-98-billion-contracts-to-nigerian-companies/ https://www.theinfostride.com/shell-awards-1-98-billion-contracts-to-nigerian-companies/#respond Sat, 07 Dec 2024 22:31:03 +0000 https://www.theinfostride.com/?p=396963 Shell Petroleum Development Company (SPDC) has announced the allocation of contracts worth $1.98 billion to Nigerian firms as part of its ongoing commitment to local content development. The contracts, which cover various aspects of its oil and gas operations, aim to bolster indigenous participation in the energy sector and stimulate economic growth. Focus on Local [...]

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]]> https://www.theinfostride.com/shell-awards-1-98-billion-contracts-to-nigerian-companies/feed/ 0 Nigeria Struggles to Attract Investment as Oil Majors Look Elsewhere https://www.theinfostride.com/nigeria-struggles-to-attract-investment-as-oil-majors-look-elsewhere/ https://www.theinfostride.com/nigeria-struggles-to-attract-investment-as-oil-majors-look-elsewhere/#respond Tue, 28 May 2024 00:44:46 +0000 https://www.theinfostride.com/?p=379192 Nigeria, once the coveted darling of many oil investment ventures, finds itself facing formidable competition from Namibia and Ivory Coast, emerging as the premier destinations for oil majors in 2024, as per BusinessDay’s insights. These countries have garnered significant attention due to recent oil discoveries, diverting interest away from Nigeria, traditionally considered Africa’s oil industry [...]

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]]> https://www.theinfostride.com/nigeria-struggles-to-attract-investment-as-oil-majors-look-elsewhere/feed/ 0 FG secures deal to supply gas to Shell’s $3.8 billion methanol plant https://www.theinfostride.com/fg-secures-deal-to-supply-gas-to-shells-3-8-billion-methanol-plant/ https://www.theinfostride.com/fg-secures-deal-to-supply-gas-to-shells-3-8-billion-methanol-plant/#respond Sat, 20 Apr 2024 17:54:27 +0000 https://www.theinfostride.com/?p=376181 Ekperikpe Ekpo, the Minister of State for Gas, has said that the Federal government secured an agreement with Shell (SHELL) to supply gas to its planned $3.8 billion methanol plant in Brass, Bayelsa State, clearing a significant obstacle for the final investment decision on the project. Ekpo said that following successful negotiations with the CEO [...]

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]]> https://www.theinfostride.com/fg-secures-deal-to-supply-gas-to-shells-3-8-billion-methanol-plant/feed/ 0 Marketers Awaiting Fuel from Port Harcourt Refinery as Shell Supplies Crude https://www.theinfostride.com/marketers-awaiting-fuel-from-port-harcourt-refinery-as-shell-supplies-crude/ https://www.theinfostride.com/marketers-awaiting-fuel-from-port-harcourt-refinery-as-shell-supplies-crude/#respond Wed, 14 Feb 2024 23:37:04 +0000 https://www.theinfostride.com/?p=370546 Reports indicate that marketers are currently awaiting fuel production from the Port Harcourt refinery following the supply of crude by Shell. This development raises expectations for increased local fuel production and distribution. As Infostride News closely monitors these developments, comprehensive coverage will be provided, including insights into the impact of the Port Harcourt refinery’s operations, [...]

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]]> https://www.theinfostride.com/marketers-awaiting-fuel-from-port-harcourt-refinery-as-shell-supplies-crude/feed/ 0 PENGASSAN Rejects Planned Sale of Shell’s Assets, Raises Concerns Over Unknown Buyers https://www.theinfostride.com/pengassan-rejects-planned-sale-of-shells-assets-raises-concerns-over-unknown-buyers/ https://www.theinfostride.com/pengassan-rejects-planned-sale-of-shells-assets-raises-concerns-over-unknown-buyers/#respond Wed, 24 Jan 2024 18:57:53 +0000 https://www.theinfostride.com/?p=368470 The Petroleum and Natural Gas Senior Staff Association/ of Nigeria (PENGASSAN) has expressed strong opposition to the planned sale of Shell’s assets, citing concerns over the identity of the potential buyers. The rejection by PENGASSAN highlights the importance of transparency and stakeholder engagement in major transactions within the oil and gas sector. The decision to [...]

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]]> https://www.theinfostride.com/pengassan-rejects-planned-sale-of-shells-assets-raises-concerns-over-unknown-buyers/feed/ 0 Shell’s Exit from Onshore Operations in Nigeria: An Opportunity, Says Heineken Lokpobiri https://www.theinfostride.com/shells-exit-from-onshore-operations-in-nigeria-an-opportunity-says-heineken-lokpobiri/ https://www.theinfostride.com/shells-exit-from-onshore-operations-in-nigeria-an-opportunity-says-heineken-lokpobiri/#respond Thu, 18 Jan 2024 21:24:39 +0000 https://www.theinfostride.com/?p=367894 Heineken Lokpobiri, a prominent figure in Nigerian politics, has characterized Shell’s decision to sell its onshore oil operations in the country as an opportunity rather than a setback. The former Minister of State for Agriculture and Rural Development sees potential for positive developments and strategic advantages for Nigeria in the wake of this major decision [...]

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]]> https://www.theinfostride.com/shells-exit-from-onshore-operations-in-nigeria-an-opportunity-says-heineken-lokpobiri/feed/ 0 Shell Announces Sale of Nigeria Onshore Oil Business for $1.3 Billion https://www.theinfostride.com/shell-announces-sale-of-nigeria-onshore-oil-business-for-1-3-billion/ https://www.theinfostride.com/shell-announces-sale-of-nigeria-onshore-oil-business-for-1-3-billion/#respond Tue, 16 Jan 2024 10:43:23 +0000 https://www.theinfostride.com/?p=367411 In a significant development, Shell has declared its intention to divest its Nigeria onshore oil business, with a deal valued at $1.3 billion. This strategic move underscores Shell’s portfolio optimization strategy and reflects the ongoing shifts within the global energy industry. The decision to sell its onshore oil business in Nigeria aligns with Shell’s broader [...]

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]]> https://www.theinfostride.com/shell-announces-sale-of-nigeria-onshore-oil-business-for-1-3-billion/feed/ 0 Nigeria Drops $1.1B Lawsuit, Resolves Dispute with Shell Over Oil Field Deal https://www.theinfostride.com/nigeria-drops-1-1b-lawsuit-resolves-dispute-with-shell-over-oil-field-deal/ https://www.theinfostride.com/nigeria-drops-1-1b-lawsuit-resolves-dispute-with-shell-over-oil-field-deal/#respond Sat, 18 Nov 2023 17:54:30 +0000 https://www.theinfostride.com/?p=361047 InfoStride News reported that the Nigerian Federal Government has taken steps to withdraw a $1.1 billion lawsuit against Shell Plc and Eni SpA, marking a significant development in the prolonged legal dispute over alleged corruption in the OPL 245 oil block deal. The Ministry of Justice initiated the withdrawal in an Italian Court, putting an [...]

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]]> https://www.theinfostride.com/nigeria-drops-1-1b-lawsuit-resolves-dispute-with-shell-over-oil-field-deal/feed/ 0 Shell declares ‘force majeure’ on Forcados crude oil https://www.theinfostride.com/shell-declares-force-majeure-on-forcados-crude-oil/ https://www.theinfostride.com/shell-declares-force-majeure-on-forcados-crude-oil/#respond Fri, 24 Dec 2021 09:27:13 +0000 https://www.theinfostride.com/?p=315235 Royal Dutch Shell on Wednesday established that it has declared “force majeure” on exports of Nigerian Forcados crude oil after a malfunctioning barge obstructed tanker path. According to Reuters, Shell Petroleum Development Company in a statement said the action came into effect on Monday at 12:00 mid-day. “Efforts were underway to restore access,” it added. [...]

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]]> https://www.theinfostride.com/shell-declares-force-majeure-on-forcados-crude-oil/feed/ 0 Shell announces new business line in Nigeria https://www.theinfostride.com/shell-announces-new-business-line-in-nigeria/ https://www.theinfostride.com/shell-announces-new-business-line-in-nigeria/#respond Thu, 04 Nov 2021 17:32:00 +0000 https://www.theinfostride.com/?p=312000 Global energy giant, Shell, has unveiled the expansion to a new business line in Nigeria with the expansion of natural gas sales and distribution to meet the growing energy needs of wholesale consumers and provide more and cleaner energy across the country. The new business line, which is Shell Energy Nigeria will seek to deliver [...]

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]]> https://www.theinfostride.com/shell-announces-new-business-line-in-nigeria/feed/ 0 Oil block row: NNPC warns Shell against another lawsuit https://www.theinfostride.com/oil-block-row-nnpc-warns-shell-against-another-lawsuit/ https://www.theinfostride.com/oil-block-row-nnpc-warns-shell-against-another-lawsuit/#respond Sat, 21 Aug 2021 22:23:57 +0000 https://www.theinfostride.com/?p=304503 The Nigerian National Petroleum Corporation, on Friday, cautioned against any further legal challenge by Shell Petroleum Development Company over Oil Mining Lease 11, saying it is about time Nigeria derived the benefit of the oil block after over three decades. The NNPC announced that its subsidiary, Nigerian Petroleum Development Company, had resumed operations on OML [...]

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]]> https://www.theinfostride.com/oil-block-row-nnpc-warns-shell-against-another-lawsuit/feed/ 0 WoodMac puts Shell’s divestment assets in Nigeria at $2.3b https://www.theinfostride.com/woodmac-puts-shells-divestment-assets-in-nigeria-at-2-3b/ https://www.theinfostride.com/woodmac-puts-shells-divestment-assets-in-nigeria-at-2-3b/#respond Fri, 13 Aug 2021 18:56:40 +0000 https://www.theinfostride.com/?p=303737 As Shell Petroleum Development Company (SPDC) in Nigeria moves to divest its assets in Nigeria, especially joint venture licenses and interests in 19 Oil Mining Leases, a global research body yesterday, put the estimated value of the assets at $2.3 billion. While the Minister of State for Petroleum Resources, Timipre Sylvia had said the government [...]

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]]> https://www.theinfostride.com/woodmac-puts-shells-divestment-assets-in-nigeria-at-2-3b/feed/ 0 Shell unveils first female managing director for deep-water Nigeria https://www.theinfostride.com/shell-unveils-first-female-managing-director-for-deep-water-nigeria/ https://www.theinfostride.com/shell-unveils-first-female-managing-director-for-deep-water-nigeria/#respond Sun, 01 Aug 2021 21:09:45 +0000 https://www.theinfostride.com/?p=302678 World energy giant, Shell, has named Elohor Aiboni as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCo), with effect from 1st August 2021. Elohor is the first female to lead a Shell exploration company in the over 60 years of Shell’s operations in Nigeria. She succeeds Bayo [...]

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]]> https://www.theinfostride.com/shell-unveils-first-female-managing-director-for-deep-water-nigeria/feed/ 0 Shell profits from oil recovery, rewards investors https://www.theinfostride.com/shell-profits-from-oil-recovery-rewards-investors/ https://www.theinfostride.com/shell-profits-from-oil-recovery-rewards-investors/#respond Thu, 29 Jul 2021 22:18:47 +0000 https://www.theinfostride.com/?p=302405 Royal Dutch Shell on Thursday logged bumper second-quarter profits as oil prices recovered from Covid fallout, and rewarded investors with a buyback and dividend hike.Net profit hit $3.4 billion (2.9 billion euros) in the three months to the end of June, the Anglo-Dutch energy major said in a results statement. That contrasted sharply with a [...]

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]]> https://www.theinfostride.com/shell-profits-from-oil-recovery-rewards-investors/feed/ 0 Shell’s oil spill case with Nigerian communities to continue in UK court https://www.theinfostride.com/shells-oil-spill-case-with-nigerian-communities-to-continue-in-uk-court/ https://www.theinfostride.com/shells-oil-spill-case-with-nigerian-communities-to-continue-in-uk-court/#respond Tue, 13 Jul 2021 06:51:51 +0000 https://www.theinfostride.com/?p=300548 Royal Dutch Shell has abandoned its argument that the oil pollution lawsuit filed against it by the Ogale and Bille communities in Rivers state, be heard in Nigeria rather than the UK. Bloomberg reports that Shell’s legal team refused to return to the High Court of England with the argument that the five-year-old case would [...]

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]]> https://www.theinfostride.com/shells-oil-spill-case-with-nigerian-communities-to-continue-in-uk-court/feed/ 0 Shell abandons bid to move Niger Delta oil spill trial to Nigeria https://www.theinfostride.com/shell-abandons-bid-to-move-niger-delta-oil-spill-trial-to-nigeria/ https://www.theinfostride.com/shell-abandons-bid-to-move-niger-delta-oil-spill-trial-to-nigeria/#respond Tue, 13 Jul 2021 06:40:45 +0000 https://www.theinfostride.com/?p=300542 Royal Dutch Shell has given up its struggle to move a Niger Delta oil spill case, involving thousands of the region’s residents, from the UK to Nigeria, Bloomberg said Monday. The decision comes on the heels of two recently lost suits for Shell. In January a Dutch court directed the supermajor to pay compensation to [...]

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]]> https://www.theinfostride.com/shell-abandons-bid-to-move-niger-delta-oil-spill-trial-to-nigeria/feed/ 0 FG Signs Mega Deals With Shell, Chevron https://www.theinfostride.com/fg-signs-mega-deals-with-shell-chevron/ Sat, 05 Aug 2017 06:59:23 +0000 http://www.theinfostride.com/?p=176705 Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the state-run oil firm said on Thursday. “Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday,” said [...]

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]]> Court Returns OPL 245 To Shell, ENI https://www.theinfostride.com/court-returns-opl-245-to-shell-eni/ Sat, 18 Mar 2017 19:29:43 +0000 http://www.theinfostride.com/?p=159436 The Federal High Court in Abuja has returned OPL 245, an oil block, to Shell Nigeria Limited and ENI. Presiding judge, Justice John Tsoho, had on January 26, revoked the companies’ ownership of the oil block based on a motion by the Economic and Financial Crimes Commission (EFCC). The EFCC had asked the court to [...]

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]]> #Celebrity > UNILAG Students Steal From Olamide, Dammy Krane During Stage Performance https://www.theinfostride.com/celebrity-unilag-students-steal-from-olamide-dammy-krane-during-stage-performance-video/ Wed, 16 Sep 2015 22:45:46 +0000 http://www.theinfostride.com/2015/09/celebrity-unilag-students-steal-from-olamide-dammy-krane-during-stage-performance-video/ According to a report, Nigerian singers, Olamide and Dammy Krane were left shell shocked after they performed at a show in the University of Lagos (UNILAG), Akoka. The superstars were stunned after 2 different UNILAG Students jumped on the stage and snatched their caps. Olamide clearly showed his displeasure as the student snatched his cap!

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]]> Nigerian community fights Shell in Britain’s court hearing https://www.theinfostride.com/nigerian-community-fights-shell-in-britains-court-hearing/ Tue, 29 Apr 2014 05:09:44 +0000 http://www.theinfostride.com/?p=39077 Britain's High Court will on Tuesday hold a pre-trial hearing ahead of a court case due to be held next year brought by around 15,000 members of Nigeria's Bodo community against oil giant Shell. The residents are seeking compensation from the British…

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]]> Shell shuts Nigeria export terminal because of leak https://www.theinfostride.com/shell-shuts-nigeria-export-terminal-because-of-leak/ Tue, 18 Mar 2014 21:47:35 +0000 http://www.theinfostride.com/?p=29320 Anglo-Dutch oil giant Shell said on Monday that it had halted crude exports from a key terminal in southern Nigeria because of a leak in a supply pipeline. Shell said its Nigerian subsidiary SPDC was working to repair a leak on one of its pipelines…

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]]> Teach the Children Shell: Robot Turtles is a Board Game Making Tomorrow’s Coders https://www.theinfostride.com/teach-the-children-shell-robot-turtles-is-a-board-game-making-tomorrows-coders/ Thu, 13 Feb 2014 23:52:38 +0000 http://www.theinfostride.com/?p=20785 It’s no secret that kids need to learn more about how to code to make the next generation of programmers. The rush to make the next great app or game is like a new gold rush, and educators are taking notice—a fact exemplified in the Kentucky State…

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]]> European stocks climb despite Shell profit warning https://www.theinfostride.com/european-stocks-climb-despite-shell-profit-warning/ Fri, 17 Jan 2014 14:10:49 +0000 http://www.theinfostride.com/?p=11205 Europe's main stock markets rose on Friday, with London making gains as strong retail sales data offset a profit warning from Anglo-Dutch energy giant Shell. London's FTSE 100 index of top companies gained 0.25 percent to stand at 6,832.75 points in…

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]]> Technical Safety Engineer Job at Shell Petroleum Development Company of Nigeria Limited https://www.theinfostride.com/technical-safety-engineer-job-at-shell-petroleum-development-company-of-nigeria-limited/ Wed, 27 Nov 2013 21:28:00 +0000 http://www.theinfostride.com/technical-safety-engineer-job-at-shell-petroleum-development-company-of-nigeria-limited/ Job Title: Technical Safety Engineer Reference ID: 3075BR Location: Lagos, Nigeria Employer: Shell Petroleum Development Company (SPDC) Company Description: Shell Petroleum Development Company (SPDC) is the pioneer and leader of the petroleum industry in Nigeria. We invest heavily in our employees, which is reflected in our industry-leading development programme and our commitment to see our [...]

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]]> Front End Project Completions Job at Shell Petroleum Development Company of Nigeria Limited https://www.theinfostride.com/front-end-project-completions-job-at-shell-petroleum-development-company-of-nigeria-limited/ Wed, 27 Nov 2013 21:26:00 +0000 http://www.theinfostride.com/front-end-project-completions-job-at-shell-petroleum-development-company-of-nigeria-limited/ Job Title: Front End Project Completions Auto req ID: 2090BR Location: Lagos, Nigeria Employer: Shell Petroleum Development Company (SPDC) Company Description: Shell Petroleum Development Company (SPDC) is the pioneer and leader of the petroleum industry in Nigeria. We invest heavily in our employees, which is reflected in our industry-leading development programme and our commitment to [...]

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