Shell – Extractive 360

Shell Posts Q3 Adjusted Earnings Of $9.45bn

Shell plc reported third-quarter 2022 adjusted earnings of $9.45 billion, down from second-quarter adjusted earnings of $11.47 billion, but above first-quarter 2022...

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NEWS

Shell Launches $6bn Buyback Scheme After Reporting $11.5bn Earnings

Shell has broken its profit record for a second consecutive quarter and announced a $6bn share buyback scheme as the fallout from...

148

NEWS

Senate Probes Shell Over Joint Venture Breach, Seeks $200m Refund To FG

By Gift Eguavoen The Senate, on Wednesday, constituted an Ad-Hoc Committee to investigate Shell Petroleum Development Company (SPDC) over non-compliance with the...

547

NEWS

11years After, Shell Agrees To Pay N45bn Compensation To Ogoni People Over Oil Spill

The Shell Petroleum Development Company (SPDC) has agreed to pay the N45.9 billion awarded to the Ogoni people of Rivers state as...

353

NEWS

GlobalData: Nigeria Face Declining Crude Productions As Investors Shift To Low-carbon Projects

Sub-Saharan Africa’s largest producers in Nigeria and Angola face declining crude oil and condensate production from this year onwards, according to GlobalData,...

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ENVIRONMENT

Shell’s Pipeline Spills 213 Barrels Of Crude Into Bayelsa Community

The Okordia-Rumekpe 14-inch crude truckline operated by Shell Petroleum Development Company (SPDC) has discharged some 213 barrels of crude oil into Ikarama...