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Shell (SHEL.US) will invest $5 billion in a joint venture for deep-water oil wells in Nigeria, with a daily production of up to 0.11 million barrels.
Shell's subsidiary in Nigeria will start producing Oil & Gas at the Bonga North offshore floating facility by the end of this decade.
Express News | According to sources, Shell has restarted the Crude Oil Product production unit at the Louisiana refinery.
Shell Initiates Share Buy-Back to Enhance Shareholder Value
Touchstone Exploration Acquires Shell Trinidad Central Block for $23m
Shell OK's Long-delayed Bonga North Nigeria Deepwater Project
Sector Update: Energy Stocks Steady Premarket Monday