Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, subsidiaries of Shell plc, have completed the sale of Shell Neft LLC, Shell’s retail stations and lubricants business in Russia, to PJSC LUKOIL. This follows the receipt of all necessary regulatory approvals. The sale agreement was announced on May 12, 2022. All people currently working for Shell Neft, […]
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has recently in ongoing Nigerian Continent Midstream-Downstream Oil and Gas summit in Lagos disclosed the Federal Government plan between NCDMB in partnership with NNPC to construct a 50,000liters petroleum products terminal in Brass Island to support storage and distribution of white products in […]
The Angola’s Ministry of Mineral Resources, Petroleum and Gas have announced a successfully testing of Cabinda refinery Equipment for the upcoming Cabinda refinery at a facility in Houston recently. Factory acceptance testing was performed by Vfuels Oil & Engineering on Monday with positive results. Cabinda Refinery Equipment tested includes a modular crude oil distillation unit […]
Recently in Dublin, Ireland the Nigerian National Petroleum Corporation (NNPC), said it spent N91.667 billion on refinery rehabilitation in 11 months, from January to November 2021 corroborating the report presentation to the Federation Account Allocation Committee (FAAC) in December 2021, which NNPC also stated that N45 billion was spent on pipeline security and maintenance, while […]
Shell has announcedthat it has become the first supplier of sustainable aviation fuel (SAF) to customers in Singapore. Shell has also completed the upgrading of its facility in Singapore which will enable blending of SAF in Singapore. SAF is approved for use in aircraft operating today only when blended in a ratio of up to 50% […]
When it comes to choosing the right product for your vehicle, we know that sustainability and the environment play an increasingly important role in decision making. Consumers around the world now expect brands to offer sustainable products, with 74% citing environmental concerns**. At Shell, we want to help you make the best choice – one […]
The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit (PMS) also known as petrol across the country within a short period. The Chief Executive Officer/ Group Managing Director of NNPC, Mallam Mele Kyari made the pledge at the […]
Africa’s richest man Aliko Dangote is in talks with some of the world’s biggest oil traders to help finance his mega refinery project outside of Nigeria’s commercial centre Lagos, sources with knowledge of the matter said, although his company denied the discussions. The 650,000 barrel-per-day refinery, once complete, will be the continent’s largest plant and […]
Ghana Ghana’s sole oil refinery Tema remains offline and the plant is unlikely to restart for a few more months due to a lack of crude and feedstock, a source close to the matter said. The plant has only operated for about two months in 2021 and repair works are being carried out. It had […]
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