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    Big Oil

    Energy Transition: Sahara Group to inject $1 billion into LPG vessels, infrastructure in Africa

    Leading enzergy and infrastructure conglomerate, Sahara Group, will invest over 1billion USD to enhance access to Liquefied Petroleum Gas (LPG) in Africa and...

    Shell working to make Nigeria a gas hub in energy transition quest

    By Nathan Nwakamma Yenagoa, Oct. 11, 2021 The Shell Petroleum Development Company of Nigeria (SPDC) says it had begun working to transform Nigeria into a...

    Saudi Aramco taps banks for $12-14 bln gas pipeline loan – sources

    DUBAI, Oct 11 (Reuters) - Saudi Aramco (2222.SE) has asked banks to arrange a loan expected to be in the $12 billion-14 billion range...

    Nigeria’s Aiteo Sues Shell Over Wells as Legal Disputes Escalate

    Nigerian oil producer sued Royal Dutch Shell Plc for more than $2 billion over the ownership of oil wells, intensifying a dispute around an...

    Africa Oil Announces the Receipt of $75 Million Prime Dividend, Debt Repayment

    VANCOUVER, BC, Sept. 30, 2021 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("AOI", "Africa Oil" or "the Company") is pleased to...

    OPEC+ considers options for releasing more oil to the market -sources

    Sept 30 (Reuters) - OPEC+ is considering going beyond its existing deal to boost production by 400,000 barrels per day (bpd) when it meets...

    Shell completes sale of Egypt onshore assets

    CAIRO, Sept 24 (Reuters) - Royal Dutch Shell (RDSa.L), through subsidiaries Shell Egypt and Shell Austria, has completed the sale of upstream assets in...

    Exxon, Chevron conceal payments to some governments -watchdog

    WASHINGTON, Sept 22 (Reuters) - U.S. oil majors Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) have failed to meet a core transparency standard...

    Shell announces $9.5 billion sale of West Texas oil field assets to ConocoPhillips

    Oil giant Royal Dutch Shell announced a deal to sell the entirety of its Permian Basin assets to ConocoPhillips for $9.5 billion in cash. The...

    Investor group sets tough climate blueprint for Big Oil

    Investor group launches unprecedented initiative Group manages assets worth more then $10 trillion BP, Shell and Eni among companies piloting the scheme LONDON, Sept 15 (Reuters) -...

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