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Shell, Nigeria and Renaissance
Shell’s $2.4bn asset sale to Renaissance group approved in Nigeria
Shell has gained approval from Nigeria's oil minister to sell $2.4bn (£1.91bn) worth of onshore and shallow-water assets to Renaissance group. This approval signals the end of Shell's presence in Nigerian onshore oil and gas operations and aligns with the broader trend of Western energy companies such as Exxon Mobil,
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,
Shell tied new Nigeria offshore investments to approval for oil asset sale
Approval for exit from operation at centre of decades of criticism over environmental impact marked sharp turnaround
Nigeria set to approve $1.3bn Shell‑Renaissance deal
Shell’s $5bn investment in the Bonga North project paves the way for Nigeria to greenlight the $1.3bn sale of its onshore and shallow water assets to Renaissance
Premium Times
1d
Shell gets approval to sell onshore oil business in Nigeria
Renaissance Africa Energy Company Limited said the approval marks a significant step forward from the announcement of the ...
Upstream
1d
Shell's $2.4 billion Nigeria asset sales deal secures key green light
Supermajor to sell certain onshore assets to a consortium of largely Nigerian companies called Renaissance Energy Africa ...
Vanguard
1d
Divestment: Renaissance gets ministerial consent for Shell’s $1.3bn assets
Renaissance Africa Energy Company Limited said it has received an approval from the Nigerian Ministry of Petroleum Resources ...
Crude Oil Prices
7h
Shell Traded Nigeria Exit for Fresh Oil Investment
Shell received approval from the Nigerian government to sell assets in exchange for a major investment in the Bonga North ...
Premium Times
1d
41 CSOs ask NASS to block $2.4bn Shell/Renaissance oil deal
from selling its onshore oil business in
Nigeria
to
Renaissance
Africa Energy Company Limited. The group also called for ...
1d
on MSN
Nigeria 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 ...
Arise
1d
MRS, Sahara, TotalEnergies, Others Declared Winners in NUPRC’s Transparent Oil Bid Round
Nigeria’s oil bid round under PIA boosts indigenous companies as Dangote Refinery slashes petrol prices to N895-N899 per ...
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