As a result, the Board has also decided to change the company’s name to Shell plc which will be implemented in January 2022, with a further announcement to be made at the time. Today’s decisions follow the completion of the consultation with the CentraleOndernemingsraad van Shell Nederland (Central Staff Council of Shell Netherlands) and the […]

Woodside and Viva Energy have entered into a memorandum of understanding (MoU) to progress discussions on capacity rights at Viva Energy’s proposed LNG regasification terminal (the Gas Terminal Project) in Geelong, Victoria, which could enable Woodside to supply LNG to the east coast Australian market. Under the terms of the MoU, Woodside will discuss with […]

Woodside’s Australian corporate income tax is paid by three entities: our 90%-owned Burrup Facilities Company Pty Ltd and Burrup Train 1 Pty Ltd, which reflect the joint ventures we operate; and Woodside Petroleum Ltd. The data reported in the Australian Taxation Office (ATO) 2019-20 Report of entity tax information shows that in respect of the […]

Corporation today announced a 2022 organic capital and exploratory spending program of $15 billion, at the low end of its $15 to $17 billion guidance range and up more than 20% from 2021 expected levels. This capital program supports Chevron’s objective of higher returns and lower carbon, including approximately $800 million in lower carbon spending. […]

San Leon, the independent oil and gas production, development and Exploration Company focused on Nigeria, has announced the appointment of Julian Tedder as Chief Financial Officer and Executive Director of the Company with immediate effect.  Julian is a chartered accountant and previously served as Chief Financial Officer of IGas Energy plc and General Manager, Finance of Tullow […]

Africa Oil Corp. has announced that it has received a dividend from Prime Oil and Gas Cooperatief UA (Prime). Prime has distributed a US$100 million dividend with a net payment to Africa Oil of US$50 million related to its 50% shareholding. Since acquiring its 50% shareholding in Prime for a cash consideration of $520 million in January 2020, Africa Oil has received […]

DNG Energy a 100% black-owned energy infrastructure company in South Africa SA has announced commencement of liquefied natural gas (LNG) delivery to commercial customers in the industrial, transport, marine and power sectors. This new and affordable energy alternative and it is the culmination of 7 years of planning, permitting and licensing efforts, which heralds the […]

Equinix, the world’s digital infrastructure company™,  has staged  its expansion into Africa through its intended acquisition of MainOne a leading West African data center and connectivity solutions provider, with presence in Nigeria, Ghana and Côte d’Ivoire. The acquisition is expected to close Q1 of 2022, subject to the satisfaction of customary closing conditions including the requisite regulatory […]

MTN a Nigerian number one telecom giant has been awarded a 5G license in Africa’s most populous country, paving the way for the continent’s largest wireless carrier to supply faster internet to consumers and businesses. MTN Nigeria Communications PLCwon one of the two licenses offered at the auction conduction event, according to the Nigerian Communications […]

ConocoPhillips has announced two transactions intended to core up the important Asia-Pacific segment of its diverse global portfolio.The company announced it has entered into an agreement to sell the subsidiary that indirectly owns the company’s 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) and a 35% shareholding interest in the Transasia Pipeline […]