Add Yahoo as a preferred source to see more of our stories on Google. The Shell Oil Company logo is seen at a gas station. Energy giant Shell announced 16 January that it has reached a deal to sell ...

Add Yahoo as a preferred source to see more of our stories on Google. FILE - A member of Shell staff on the Bonga offshore oil Floating Production Storage and Offloading vessel off the coast of the ...

In a statement posted on its website on Tuesday, Shell announced that it has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited ...

ABUJA, Nigeria — The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered environmental damage after oil giant Shell's sale of its ...

The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore. By Stanley Reed Shell said Tuesday that it had agreed ...

Nigeria has the potential to transform the risks inherent in its oil and gas sector into opportunities for growth, provided ...

Shell plc SHEL recently announced a deal involving the sale of its Nigerian onshore oil and gas subsidiary. The multinational energy company has agreed to sell the Shell Petroleum Development Company ...

Shell plc SHEL, the British oil and gas major, has shown interest in developing the Bonga South West deepwater oilfield located in the Niger Delta. SHEL and its joint venture partners are currently ...

A Nigerian court has stopped Shell Plc from selling any assets in Nigeria until a decision is reached on the company's appeal of a nearly $2 billion penalty for an alleged oil spill. ABUJA, March 14 ...

ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.4 billion, the latest move by the energy ...