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Legal Battle Erupts Over Shell’s Oil Licence Transfer to Renaissance
A lawsuit has been filed at the Federal High Court in Lagos to halt Shell Petroleum Development Company Limited’s (SPDC) transfer of its oil mining licence to Renaissance African Energy Company Limited. The suit, initiated by...
Experts Warn Shell’s Divestment Block Threatens Nigeria’s Investment Appeal
Detailed Breakdown:
The Nigerian government’s recent decision to block Shell’s $2.4 billion divestment of its onshore oil assets has raised concerns among industry experts, who warn that the move could negatively affect...
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