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 (Reuters) -Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, the country's upstream oil regulator said on ...
Nigeria has declined to approve the sale of Shell's (NYSE:SHEL) onshore and shallow-water oil and gas in the Niger Delta region to a consortium of local companies, the country's upstream regulator ...
The 10-piece DEWALT 20V MAX Cordless Power Tool Set is now on sale for $599 ... The last time we saw this power tool kit cheaper was at the end of 2023. With 10 cordless power tools in the ...
Nigeria's regulatory authorities have approved the sale of ExxonMobil's assets to Seplat Energy while halting Shell's planned divestment of its onshore and shallow-water operations, reported Reuters.
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 Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed the blockage of the $1.3 billion sale of Shell’s assets to Renaissance Group due to regulatory issues. NUPRC’s CEO, Gbenga ...
Nigeria's recent decision to block Shell's $2.4 billion asset sale signals challenges in attracting foreign investment. Despite efforts by President Bola Tinubu, regulatory delays hinder progress, ...
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 ...
s sale of its onshore oil and gas assets to domestic energy supplier Seplat Energy Plc, but rejected a similar deal by Shell Plc. The decisions end a more than two-year delay to the conclusion of ...