Oil and Gas
Nigeria’s oil minister approves Shell’s $2.4 billion asset sale to Renaissance
Nigeria’s oil minister has granted consent to Shell’s sale of $2.4 billion in assets to Renaissance Group, Renaissance said in a statement on Wednesday. Shell’s asset sale to Renaissance, comprising five companies, was announced in January but was blocked in October by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Renaissance said “this approval marks a significant step forward from the announcement of the sale and purchase agreements in January”. The NUPRC didn’t immediately respond to a request for comments.
-
Stock Market21 hours agoFG to raise N4trn bond to settle electricity debt
-
Economy2 days agoNigeria’s Digital Boom needs nuclear power partnerships for long-term success
-
News2 days agoCardoso formally receives Central Bank of the Year Award
-
Uncategorized2 days ago
June 12 Democracy Day declaration not enough, as citizens wallow in pain – ActionAid, FG declares Friday public holiday
-
Finance21 hours agoElon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut
-
Oil and Gas2 days agoNNPC is house of thieves, fraud; Kyari must be arrested dead or alive to account for N210 trillion—Oshiomhole
-
Oil and Gas2 days agoDangote Refinery seeks $1bn private placement ahead of planned listing
-
News2 days agoMiddle East Conflict sends global growth to lowest rate since COVID-19, WBG to Provide up to $100bn for Affected countries over 15 Months—WBG