Business

IMF warns rising oil prices could drive global

  • 7th March 2026

Women entrepreneurs key to Nigeria’s $1trn economy goal

  • 7th March 2026

Qatar loads first LNG cargo after force majeure

  • 6th March 2026

Ex-AGF seeks FG’s apology after OPL 245 resolution

  • 6th March 2026

Contact Info

Some Populer Post

Ghanaian pleads guilty to $10m romance scam in US

Scams
Emirates to resume Nigerian flights Sept 11

Emirates resumes flights after temporary Dubai suspension

Aviation

IMF warns rising oil prices could drive global inflation

Business

Google CEO Sundar Pichai set for $692m pay package

featured Finance

Tag: Shell

Business featured

Shell to sell Nigerian onshore oil assets for $1.3bn

Shell Plc has agreed to sell its Nigerian onshore oil assets to a local partnership for more than $1.3 billion, subject to government permission. According to Bloomberg, Shell’s Integrated Gas and Upstream Director, Zoe Yujnovich, confirmed the deal in a statement on Tuesday, emphasizing the company’s focus on streamlining its portfolio and directing disciplined investments […]

35 Niger Delta students win NNPCL-Shell scholarships
News

35 Niger Delta students win NNPCL-Shell scholarships

The NNPCL-Shell Cradle-to-Career scholarship program has awarded 35 gifted students from public primary schools in three Niger Delta states with scholarships. The Punch reported that the scholarship covers the complete six years of secondary school education. The recipients, who come from Rivers, Delta, and Bayelsa states recently finished a week-long orientation program with introductory classes in academics, character, and […]

Oil and Gas

Nigeria’s Forcados crude oil resumes exports, says Shell

An oil company official confirmed on Monday that Shell Nigeria resumed exports of the nation’s Forcados grade of crude oil on Sunday. According to Reuters, this came after loadings of the medium sweet grade were halted about a month ago due to a probable leak at the export terminal. The grade’s exports were stopped on […]

featured

Shell warns against oil theft, sabotage

The Shell Petroleum Development Company of Nigeria Ltd. has issued a warning against sabotage and crude oil theft. The warning came as three Delta State host communities — Ogulagha, Iduwini Delta, and Iwereland – launched their development trusts in Warri on Thursday. The Petroleum Industry Act, which became law in 2021, established trusts as the […]

Uncategorized

Shell appoints Ralph Gbobo MD gas division

The gas distribution company, Shell Nigeria Gas Limited which is a division of the Shell Energy company has announced the appointment of Mr Ralph Gbobo as managing director, effective July 1, 2023. Mr. Ralph was appointed to replace Ed Ubong, who has moved on to another position within the Shell group. Before now, Ralph served as the Shell Shareholders […]

Shell
Business

Shell wins 2011 oil spillage case

The UK Supreme Court has decided that it is too late for Nigerian citizens to sue two Shell subsidiaries over a 2011 oil spill that caused significant damage to the coastal area where they reside. According to Reuters, one of several legal disputes Shell has faced in London courts from Niger Delta residents who have […]

EXXONMOBIL-REFINERY
Business

ExxonMobil’s profit doubles in Q1 over high demand

ExxonMobil’s profits in the first quarter of 2023 doubled due to the increased demand for oil and gas and cost-cutting measures, resulting in a record $11.4bn profit despite falling oil prices and paying $200m in windfall taxes in Europe. BBC reported that the energy giant’s profits included a $3.4bn after-tax reduction to exit Russia. The […]

Business

Shell’s oil production drops over insecurity, theft – Report

One of the global energy giants, Shell has said its production in Nigeria dropped by a quarter in 2022 as it continues to fight insecurity and crude oil theft. This was disclosed in the organisation’s annual report released on Thursday accessed by BusinessDay. According to the report, the company said its share of production, onshore […]

Business

Ex-Shell CEO’s pay package hits £9.7m – Report

The former CEO of the oil giant, Shell, Ben van Beurden, received a total pay package of £9.7 million in 2022, a report has revealed. According to Shell’s annual report and accounts accessed by BBC, the Dutchman received a total remuneration of £6.3 million in 2021. This means there was over £3 million increase in […]

Pollution: Shell to pay Nigerian farmers €15m compensation
News

Shell to pay first tax in UK since 2017

Following significant global gains last year, Shell has announced that it will pay taxes in the UK for the first time since 2017. In the last three months of the year, the energy company predicted that profits in the UK and the EU would “take a knock” of about $2 billion (£1.7 billion). In order […]

Pollution: Shell to pay Nigerian farmers €15m compensation
News

Pollution: Shell to pay Nigerian farmers €15m compensation

Agency Report Shell said Friday it will pay 15 million euros to Nigerian farmers to compensate them for damage from pipeline leaks. A Dutch appeals court ruled last year, following 13 years of legal battles, that Shell’s Nigerian branch must pay out for a series of leaks and that the parent company must install new […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in