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South Africa's top court blocks Shell's offshore oil exploration campaign
[Shell Holds Annual General Meeting In London] Scott Barbour/Getty Images News South Africa's Constitutional Court ruled Friday that offshore oil exploration led by Shell (SHEL [https://seekingalpha.com/symbol/SHEL]) cannot proceed [https://www.reuters.com/business/energy/south-africas-top-court-rules-shell-exploration-off-wild-coast-cannot-proceed-2026-08-14/], marking a key loss in the company's five-year legal fight with environmental activists. Shell (SHEL [https://seekingalpha.com/symbol/SHEL]) will not be allowed to renew an exploration right off South Africa's Indian …