INEOS Energy has signed an agreement with Shell Offshore, a subsidiary of Shell, to co-invest in oil and gas exploration and development near the Appomattox platform in the Gulf of Mexico (GoM). Under the terms of the agreement, INEOS will acquire a 21% operating interest in certain assets located within mooring distance of the platform….
Oil has been on a knife edge in 2026, with attacks on Iran’s Kharg Island briefly pushing Brent crude (QAM26) above $110 and a very tenuous ceasefire raising fresh concerns about trafficking through the Strait of Hormuz. That same flashpoint has fueled rumors that a severe reduction in shipments could even push prices toward $200…
Shell and METLEN have formalized a memorandum of understanding (MoU) in Washington, DC, the US capital, to cooperate in the supply and marketing of liquefied natural gas (LNG). The MoU covers joint activities for the annual supply and marketing of between 500 million and one billion cubic meters (bcm) of LNG during the period 2027-2031….
Shell plc’s Nigerian subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo), has approved investment in HI’s offshore gas development, marking another important step in expanding Nigeria’s liquefied natural gas (LNG) exports and reinforcing Shell’s integrated global gas strategy. The HI field, discovered in 1985 and located about 50 kilometers off the Nigerian coast in…
