Business
Shell kick starts gas production at Gbaran-Ubie project
Shell says it has started gas production at expanded Nigeria project. Anglo-Dutch oil major Royal Dutch Shell has said that gas production from the second phase of the Gbaran-Ubie project in Nigeria’s has commenced. The project is an expansion of the Gbaran-Ubie development, which opened in June 2010.
Shell, through its Shell Petroleum Development Company of Nigeria subsidiary, said the project would reach peak production of around 175,000 barrels of oil equivalent per day in 2019. Shell Petroleum Development Company of Nigeria is the operator of a Nigerian joint venture between Nigerian National Petroleum Corporation, Total E&P Nigeria and ENI subsidiary Nigerian Agip Oil Company.
-
Oil and Gas2 days agoNUPRC vows not to approve divestments that doesn’t meet considerations
-
Oil and Gas2 days agoIran eases Strait of Hormuz transit rules amid oil shock
-
Finance2 days agoCardoso seeks collaboration to check cross‑border financial risks
-
Economy2 days agoNigeria to launch trade platform at ports as part of reform push
-
Finance2 days agoCourt nullifies CBN’s regulatory intervention in Union Bank in 2024, rules it acted beyond its powers
-
Oil and Gas2 days agoCourt orders forfeiture of $13m linked to Aisha Achimugu’s firm
-
Oil and Gas2 days agoOil falls as reports of 15-point proposal spurs ceasefire hopes
