Tag: Shell

Shell discovers oil in Gulf of Mexico
Energy Global

Shell discovers oil in Gulf of Mexico

Shell has announced a large, deep-water, exploration discovery in the U.S. Gulf of Mexico with its Dover well (100% Shell). The company said the Dover discovery is Shell’s 6th in the Norphlet play and has encountered more than 800 net feet of pay (244 meters). The discovery is located approximately […]

Nigeria’s Forcados pipeline gets back online
Energy

Nigeria’s Forcados pipeline gets back online

Latest reports from Reuters News says Nigeria’s Trans Forcados pipeline has started pumping crude oil in Nigeria’s Niger Delta region. It would be recalled that Royal Dutch Shell’s subsidiary, SPDC and Heritage Oil Limited, the joint operators of the facility had hinted that it did shut down the pipeline after […]

Shell Shareholders approve CEO Pay by 75 percent
Energy

Shell Shareholders approve CEO Pay by 75 percent

Royal Dutch Shell shareholders have approved the 2017 management remuneration, including Chief Executive Officer Ben van Beurden’s EUR8.9 million ($10.51 million) package, by a majority of 75 percent, Reuters reports. The 2016 remuneration resolution won the support of more than 92 percent of shareholders. Board member Gerard Kleisteree, who heads […]