SITUATION REPORT

Nigeria: Shell's Sale of Onshore Oil Assets Hits Snag

Oct 17, 2024 | 16:08 GMT

The Nigerian Upstream Petroleum Regulatory Commission, or NUPRC, declined to approve Shell's $1.3 billion sale of its onshore oil fields to the Nigerian-led Renaissance consortium, Reuters reported on Oct. 16, citing the Nigerian news outlet ThisDay. ...

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