Oil giant, Royal Dutch Shell Plc says it is seeking to develop Nigeria’s domestic energy market around natural gas. It’s plentiful, harder to steal, better for the environment and can underpin a robust industrial sector that could potentially employ thousands, according to Ed Ubong, the managing director of Shell Nigeria Gas. Nigeria’s gas reserves are
Giant Shell Enters Tanzania Gas Industry as nation warms up for Billions in Capital Gains Tax
The government of Tanzania is bracing itself to receive millions of dollars in capital gains tax following Shell’s acquisition of BG Group assets in Tanzania gas wells. The deal officially announced on February 22, 2016 amounts to $55 billion. BG Group Tanzania, with its partner Ophir Energy, has invested over $1 billion in a fast-track
Total, the Oil industry giant with over 800 subsidiaries
French multinational integrated oil and gas company Total has since inauguration in 1924 secured a position among the supermajors. Supermajors is an industrial name used to refer to the six largest Oil and Gas Industry players. These six include; BP plc, Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell plc, Total, ConocoPhillips Company. Total started as Compagnie française