Post Tagged with: "Shell"

Shell

Exclusive: Shell launches major cost-cutting drive to prepare for energy transition

Energy, Oil & Gas September 21, 2020 at 1:12 pm Comments are Disabled

LONDON (Reuters) – Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters. Shell’s new cost-cutting review,Read More

Mele Kyari

Oil pipelines damaged 9,420 times in five years

Energy, Oil & Gas September 15, 2020 at 10:12 am Comments are Disabled

…Cost of repairs set to hit N1tr …Why pipeline vandalism persists Nigeria’s cost of pipeline repairs and management may soon hit N1 trillion as facilities were damaged 9,420 times in five years, as vandals steal oil and gas. This sum and other recorded losses could build a refinery with theRead More