Issues around the blockage of Shell’s bid to sell off its asset for up to $2.4 billion to Renaissance consortium, by upstream oil regulator, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) ...

Renaissance Africa Energy Holdings has announced that it has successfully completed the acquisition of Shell's 100 percent equity holding in the Shell Petroleum Development Company of Nigeria (SPDC).

The Incorporated Trustees of HEDA Resource Centre (HEDA) has filed a lawsuit in the Federal High Court in Lagos (suit number FHC/L/CS/651/2025) alleging that the sale of onshore assets by Shell ...

ABUJA (Reuters) -Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, the country's upstream oil regulator said on ...

Shell has wrapped up the $2.4 billion sale of its main Nigerian onshore business to a consortium of largely indigenous companies after securing all the regulatory green lights. In January 2024, the ...

TotalEnergies signed a deal to divest its 10 percent interest in a major oil and gas player in Nigeria plagued by oil spills and theft to a locally owned company for $860 million. Image by HJCB via ...

Shell completed the divestment of its Niger Delta subsidiary to a Nigerian consortium, in a $1.3 billion transaction previously held back by regulators. Image by bassey edoho via iStock Shell PLC said ...

Global Gas and Refining Limited (GGRL) Chairman, Mr. Kenneth Yellowe, yesterday cried out against the divestment of Shell Petroleum Development Company (SPDC) onshore assets to Renaissance Africa ...