Browsing Tag
oil
2 posts
Shell to Divest Nigerian Onshore Oil Assets in $1.3 Billion Deal
Shell Plc has officially announced an agreement to sell its onshore oil assets in Nigeria to a local consortium for a sum exceeding $1.3 billion, pending government approval.
Zoe Yujnovich, Shell’s Integrated Gas and Upstream Director, confirmed the deal’s significance … Continue Reading
Recession Looms as Global Oil Prices Crash to all-time Low
Global Oil prices are crashing due to vaporizing demands credited to the world wide lockdown due to the coronavirus pandemic.
It is affecting every oil producing country and steaming fears of a vast post Covid-19 recession to even the world’s … Continue Reading