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Nigeria rejects Shell asset sale
Nigeria rejects Shell asset sale; no impact to operations from Singapore oil leak
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 said Monday.
Nigeria blocks Shell's asset sale in the Niger Delta
Nigeria has blocked the sale of Shell's entire onshore and shallow-water oil and gas assets in the Niger Delta, the country's upstream regulator said on Monday, roughly 10 months after the deal was announced.
Nigerian Govt Rejects Shell's Plan to Sell Nigeria Onshore Oil Business
In January, the Nigerian unit of London-based oil supermajor Shell Plc struck a deal with a consortium of five companies, setting the scene for the latter to acquire its onshore business in the country. The deal was sealed after years-long setbacks met by the company in its efforts to cede ownership of the assets.
Nigeria Halts Shell's $2.4 Billion Asset Sale to Renaissance
The Nigerian government has refused approval for Shell's sale of its onshore and shallow-water oil and gas assets in the Niger Delta to Renaissance for $2.4 billion. This decision was announced by the CEO of the Nigerian Upstream Petroleum Regulatory Commission during an event in Abuja.
Nigeria halts Shell asset sale, approves Exxon-Seplat deal
Nigeria has failed to approve the sale of Shell's entire onshore and shallow-water oil and gas in the Niger Delta region to Renaissance, the country's upstream regulator said on Monday.
Nigeria approves Exxon Oil asset sale, rejects Shell deal
Nigeria approved Exxon Mobil Corp.’s sale of its onshore oil and gas assets to domestic energy supplier Seplat Energy Plc, but rejected a similar deal by Shell Plc.
Nigeria Blocks Sale of Shell's Oil Assets in Niger Delta
Nigeria's upstream regulator has halted the sale of Shell's onshore and shallow-water oil and gas assets in the Niger Delta. The $2.4 billion deal with the Renaissance consortium was blocked due to failing regulatory assessments,
Nigeria rejects Shell’s planned sale of $1.3bn onshore production unit
Nigeria has rejected Shell’s proposed $1.3bn sale of its onshore oil production unit, dealing a blow to the oil major’s plans to exit the troubled shallow water sector in the Niger Delta region. Gbenga Komolafe,
12d
Shell’s Strong Q2 Performance and Strategic Shifts Merit a Buy Rating
Shell (UK) (SHEL – Research Report), the Energy sector company, was revisited by a Wall Street analyst today. Analyst Suvro Sarkar from ...
22h
Shell Says Up to 40 Tons of Slop Leaked in Singapore Waters
A land-based pipeline leak has led to about 30-40 metric tons of “slop” — a mixture of oil and water — being spilled into the ...
1d
Shell and Singapore Port Authority contain pipeline leak
Major energy company Shell and Singapore's Maritime and Port Authority deployed clean-up measures after a leak from a ...
23h
Nigeria Fails to Approve Shell Asset Sale to Renaissance
ABUJA (Reuters) - Nigeria has failed to approve the sale of Shell's entire onshore and shallow-water oil and gas in the Niger ...
22h
Echo Research: About 30% Of Company Value Is Attributed To Reputation
According to the latest Reputation Dividend report from Echo Research, corporate reputation accounts for 28% of the <a ...
eVnExpress on MSN
1d
Singapore reports oil spill from Shell pipeline
An oil pipeline belonging to British giant Shell began leaking into the sea on Sunday, Singaporean authorities said, adding ...
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