Multinational Oil and gas companies delay projects in Nigeria oil and gas, even as local banks thinks differently, trusts and invests heavily. Shell and Total have so far delayed multi-billion dollar offshore crude oil projects in West Africa, this is part of efforts by the oil majors and cost reduction strategy of the slump in […]
Twenty-five major oil companies, oil-producing nations and development institutions agreed Friday to end the practice of routine gas flaring by 2030 at thousands of oil production sites around the world. Royal Dutch Shell, Statoil, Kuwait Oil Co., Russia, Norway and the Asian Development, chief executives from major oil companies joined together with senior government officials
Oil Firms, Nations Agree to End Gas Flaring by 2030, Nigeria Absent Read More »
Crude Oil price jumps following light inventory growth, the U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.3 million barrels last week, maintaining a total U.S. commercial crude inventory of 483.7 million barrels, the 13th consecutive week of a higher total than at any
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Shell Marine Lubricants Meets ECA Challenges and is expanding the availability of its Emission Control Area (ECA) approved marine lubricants in response to the new 0.1% sulphur content fuel requirement. Shell Alexia S3 is now available in over 330 ports in 20 countries, while Shell Gadinia and Shell Mysella are available throughout the global port
