Shell's planned sale of a stake in the Schwedt refinery in Germany is being delayed by pending lawsuits by third parties, two ...

A minority shareholder filed a complaint against Shell Plc’s unit in Pakistan over its sale to Saudi Arabia’s Wafi Energy Holding Ltd. earlier this year. Shell ignored offers from other ...

Shell, which holds a 37.5% interest in the refinery, announced at the end of last year plans to sell its stake to the Prax Group. Rosneft has challenged this planned stake sale in a German ...

In the court papers, the community said Shell should be penalised for going ahead with asset sale "when the plaintiffs and the host of their community members have remained in perpetual suffering ...

They claim that Shell is defying a ruling from December 2023 that put on hold any asset sale until a lawsuit for compensation was resolved. The case pertains to a reported $2.8bn divestment deal ...

FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris ...

Nigerian communities are claiming 505 billion naira ($310 million) in damages from Shell, which they accuse of breaching an ...

Recall that in January this year, Shell announced the sale of its onshore subsidiaries to Renaissance. However, for over seven months, the acquisition deal has not received regulatory approval.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has debunked a media report claiming it approved Shell International Plc’s sale of its onshore assets to Renaissance for $1.3 billion.

However, the rejection by NUPRC poses a challenge for Shell and also raises concern regarding the International Oil Companies' future asset sale in the country. The reason behind the deal’s rejection ...