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Shell, Nigeria

Premium Times · 5h

Nigerian govt rejects Shell’s plan to sell Nigeria onshore oil business

The Nigerian government has rejected Shell plan to sell its Nigeria onshore oil business to Renaissance Africa Energy Company Limited. The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),

Zacks.com on MSN · 1d

Shell's Onshore Oil Field Sale Worth $1.3B in Nigeria Suffers Setback

Shell plc’sSHEL deal to sell its onshore Nigerian subsidiary, Shell Petroleum Development Company Ltd ("SPDC"), for $1.3 billion has suffered a setback, with the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC") stating that the future buyer lacked the required qualifications to manage the assets.

The Financial Times · 18h

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,

Seeking Alpha · 20h

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.

LEADERSHIP Newspaper4h

Tinubu Urges Stakeholders Partnership As NUPRC Launches 1mbopd Project

President Bola Tinubu has urged industry stakeholders to partner with the Nigerian Upstream Petroleum Regulatory Commission ...

The Punch Newspapers13h

Four IOCs get FG nod to sell assets

The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission, says it has approved four out of five ...

2h

Nigeria approves Exxon-Seplat deal, blocks Shell sale

Nigeria's regulatory authorities have approved the sale of ExxonMobil's assets to Seplat Energy while halting Shell's planned ...

LEADERSHIP Newspaper5h

As $1.3bn ExxonMobil-Seplat, 3 Other Divestments Get Approvals

The federal government has announced the approval of ExxonMobil's $1.28 billion divestment of its oil and gas assets to ...

Nigerian Government Endorses ExxonMobil-Seplat Divestment, Disapproves Shell-Renaissance Deal

The FG has endorsed ExxonMobil's divestment to Seplat Energy while rejecting Shell's proposed deal with Renaissance Africa ...

Tinubu seeks industry collaboration to achieve 1mbpd crude oil production

President Bola Tinubu has called on industry stakeholders to collaborate with NUPRC to achieve the one million barrels of oil ...

The Punch Newspapers22h

FG plans additional 1mbpd oil production in 24 months

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has announced plans to significantly ...

President Tinubu Launches 1MMBOPD Initiative to Boost Nigeria’s Oil Production by 1m BPD

President Tinubu has launched an initiative targeting to boost Nigeria's crude output by 1m bpd over the next year ...

22hon MSN

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 ...

Punchng on MSN10h

Minister, NUPRC differ over extra 1mbpd oil target

Heineken Lokpobiri, and the Nigerian Upstream Petroleum Regulatory Commission have expressed differing views regarding the ...

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