Shell is battling to win approval for the $1.3bn sale of its onshore oil and gas business in Nigeria after regulators blocked the divestment. According to people familiar with the matter, the Nigerian ...
The Chief Executive Officer (CEO) of Shell, Wael Sawan, has said that talks were ongoing with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for approval of the sale of its $2.4bn ...
ABUJA, Oct 16 (Reuters) - Nigeria's oil regulator has rejected Shell's (SHEL.L), opens new tab proposed $1.3 billion sale of its onshore oilfields to Renaissance group because the buyer is not ...
Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they should be resolved soon, said Olu Verheijen ...
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has rejected the proposed $1.3 billion sale of onshore oilfields to the Renaissance Group, citing the ...
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Nigerian regulators found objections to Shell's (NYSE:SHEL) proposed sale of onshore assets to a group of local companies but they should be resolved soon, the special advisor to President Tinubu ...
Amnesty International has hailed the decision of the Nigerian Government to reject the planned sale of on-shore assets by the Shell Petroleum Development Company. The Federal Government ...
The Nigerian government has disclosed that it will not approve the sale of Shell’s assets to the Renaissance Group The $1.3 billion asset sale deal hit the wall when the Nigerian Upstream ...
Earlier, a report had said that the Shell’s asset sale in the Niger Delta was at a standstill and was still being considered by the authorities. But THISDAY can authoritatively report that the ...