Shell SHEL.L will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country’s efforts to become a crude ...
Shell Plc is still seeking commercial pathways to oil production in Namibia after writing off about $400 million of wells in the southern African country, where multiple energy majors have been ...
Given the current backdrop, fortunes for the unit remain under scrutiny, and either unproven technologies or simply unprofitable forays thus far are making progress difficult, while Shell’s decision ...
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