UK held private talks with fossil fuel firms about Glasgow Cop26
Fossil fuel giants have held a series of private meetings with government officials in an attempt to be part of next year’s crucial global climate...
Tag : Royal Dutch Shell
Shell to cut up to 9,000 jobs as Covid-19 accelerates green drive
Royal Dutch Shell plans to cut up to 9,000 jobs in the wake of the coronavirus pandemic, up to 10% of its workforce, as part...
Shell to cut up to 9,000 jobs; UK house prices jump – business live
The FT’s Anjli Raval says Shell is trying to streamline its business after the shock of Covid-19, writing: Shell has in recent months reviewed its...
IPMAN calls for local refining to fix petroleum sector
File Photo Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its...
US sanctions 11 entities for aiding Iran’s oil sector
The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping...
Oil prices hold near multi-week lows on demand worries
Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...
Nigerian lawmakers order probe into $18 billion NLNG dividend
Stock Photo Nigerian lawmakers have instructed the country’s most senior accountant to investigate payments totalling $18 billion as dividends from Nigeria’s investment in Nigeria Liquefied...
Mele Kyari: NNPC now EITI supporting company
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the corporation has become an Extractive Industries Transparency Initiative (EITI)...
Saudi Aramco profits dive 73% as coronavirus batters oil demand
Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis...
Exxon Mobil, Chevron report losses on weak oil prices
File Photo Exxon Mobil and Chevron suffered losses in the latest quarter as the weakened economic outlook due to the coronavirus pandemic pressures the industry...