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New Boss of Shell Exploration

Links below to a selection of current news stories posted on our sister website covering, among other developments, news that Shell’s head of exploration Ceri Powell will step down in February and be replaced by Shell upstream strategy VP Marc Gerrits.

There is also coverage of yet further litigation relating to Shell’s activities in Nigeria. This time a claim against Shell for $406.7 million being brought by the Nigerian Federal Government.

The news is no better from Canada. According to the Canadian Press, Shell is suffering setbacks with exploration wells off Nova Scotia.

Shell Exploration Boss To Step Down: Reuters 23 Jan 2017

Shell continues evolution by parting with Saudi corporation: UPI 23 Jan 2017

Shell Gabon employees end strike after deal: The Guardian (Nigeria) 23 Jan 2017

Shell’s North Sea deal expected within weeks ahead of M&A boom: Daily Telegraph 22 Jan 2017

Sabic Buys Out Shell in Saudi Petrochemical for $820 Million: Bloomberg 22 Jan 2017

Royal Dutch Shell: A Lot Of Debt: Seeking Alpha 20 Jan 2017

Alleged crude oil theft: Court to hear $406.7m case against Shell: Vanguard 18 Jan 2017

Nova Scotia offshore oil and gas ‘doesn’t look good’ after Shell seals 2 wells: CBC News 18 Jan 2017

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