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Nigeria blocks Shell's asset sale in Niger Delta
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.
Chevron Nigeria announces new oil discovery in the Niger Delta
Chevron Nigeria has reported a new oil discovery in the Niger Delta, with a production potential of up to 17,000
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 fails to approve Shell asset sale to Renaissance
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. A presentation by Nigerian Upstream Petroleum Regulatory Commission (NUPRC) CEO Gbenga Komolafe at an event in the capital Abuja showed "consent declined,
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.
Daily Post Nigeria on MSN
7h
Include Niger Delta interest in your energy transition plan – CSOs, stakeholders tell Nigerian govt
As Nigeria commits to the National Energy Transition Plan and the quest for cleaner energy resources, civil society ...
LEADERSHIP Newspaper
7h
People Who Don’t Mean Well For N/Delta Distracting Otuaro – Manager
Manager stated this when Otuaro paid him a consultative visit in his Abuja residence at the weekend. He thanked the PAP boss ...
Vanguard
8h
Foundation urges FG to prioritize Niger Delta needs in energy transition plan
The Shehu Musa Yar'Adua Foundation (SMYF) has called on the federal government to ensure that the needs and interests of the ...
Arise
2d
Chevron, NNPC Discovers 17,000 bpd Oil Asset in Niger Delta
Chevron has reportedly discovered a 17,000 bpd oil well in Niger Delta, boosting Nigeria's foreign exchange and exploration ...
LEADERSHIP Newspaper
7h
Yar’Adua Foundation Rallies CSOs On Energy Transition In Niger Delta
The Shehu Musa Yar'Adua Foundation, in alliance with some civil society organisations (CSOs), including Africa Policy ...
Vanguard
3d
NDDC failing to tackle poverty, neglect in Niger Delta – group alleges
Hundreds of youths in the South-south region under the aegis of the Unemployed Youths Association of Nigeria, UYAN, have ...
legit
10d
Port Harcourt Refinery: N/Delta Youths Raise Alarm over NNPCL Cabals Scheming to Shortchange Region
Niger Delta Youth Network has raised concerns over the Nigerian National Petroleum Company Limited’s failure to start fuel ...
TheCable
11d
Niger Delta group tackles Bala Mohammed over his ‘interest’ in Rivers politics
The Niger Delta Reform Agenda (NDRA) has raised concerns about the involvement of Bala Mohammed, governor of Bauchi, in ...
Nigerian Tribune
11d
Niger Delta group decries delay in resumption of Port Harcourt refinery
The Niger Delta Youth Network has expressed dismay over the continued delays in commencement of fuel production at the Port ...
LEADERSHIP Newspaper
2d
Federal Gov’t Explores Nanotechnology For Road Construction In Niger Delta
In a significant move towards addressing the longstanding infrastructure challenges, the Minister of Niger Delta Development, ...
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