Shell gets approval to sell onshore oil business in Nigeria

Shell gets approval to sell onshore oil business in Nigeria

Shell Petroleum Development Company of Nigeria Limited (SPDC) has received ministerial consent to sell its Nigeria onshore oil business to Renaissance Africa Energy Company Limited. Renaissance Africa Energy Company Limited disclosed this in a statement on Wednesday, saying the approval marks a significant step forward from the announcement of the Sale and Purchase Agreements. “Renaissance … Read more

Two Nigerian communities secure major legal victory against Shell in UK

Two Nigerian communities secure major legal victory against Shell in UK

Two Nigerian communities in the oil-rich Niger Delta have secured a pivotal legal victory against Shell’s Nigerian subsidiary, Shell Petroleum Development Company (SPDC), in the Court of App Court of Appeal, as reported by Leigh Day. The communities, Bille and Ogale, both in Rivers State in the Niger Delta, South-south of Nigeria, commenced the legal … Read more