Mar 7th, 2020
by John Donovan.




Oil majors including Exxon Mobil Corp. and Royal Dutch Shell Plc are facing uphill battles to convince U.S. courts to enforce multi-billion dollar arbitration awards they secured against Nigeria’s state oil company.
The companies accused the Nigerian National Petroleum Corp. of taking more crude than it was entitled to under four deals that were signed in 1993 to incentivise them to develop deep offshore blocks. Those projects today account for about 30% of the country’s 2 million barrels of daily output. read more
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Mar 7th, 2020
by John Donovan.

Shell to explore sale of two U.S. refineries
Mar. 6, 2020 6:30 PM ET
|About:
Royal Dutch Shell plc (RDS.A)|By:
Carl Surran, SA News Editor
Royal Dutch Shell (RDS.A, RDS.B) says it will seek to sell two U.S. refineries, in Alabama and Washington state, the latest step in the drive by European oil majors to reduce their refining footprints.
The Mobile, Ala., facility has a crude capacity of 79K bbl/day and is oriented toward chemicals.
A sale of the Puget Sound refinery in Anacortes, Wash., with a 145K bbl/day processing capacity, would limit Shell’s U.S. refining presence to the Gulf Coast, where its two main facilities are the Convent and Norco refineries in Louisiana. read more
shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.