The Nigerian government is on the verge of approving the $1.3bn deal between Shell and Renaissance that was rejected in August, The Africa Report can confirm. The onshore and shallow water assets for ...

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) ...

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 ...

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 ...

Nigeria approved a $1.3 billion deal that would see a group of local companies buy Shell's onshore assets in Africa's biggest crude producer. Nigeria approved a $1.3 billion deal that would see a ...

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 ...