US President Joe Biden speaks about the Covid-19 response before signing executive orders in the State Dining Room of the White House in Washington, DC, on January 21, 2021. MANDEL NGAN / AFP
US President Joe Biden said he won’t lift sanctions against Iran as long as the Islamic republic is not adhering to its nuclear deal commitments.
Asked whether he would halt sanctions to convince Iran to return to the bargaining table, Biden offered a clear reply in a CBS interview aired Sunday: “No.”
A bankrupt former Western Sydney deputy mayor and property developer has been released from prison after almost five years, which his domestic violence victim-survivor has…
A group of Rivers State indigenes under the aegis of Rivers Diaspora Network (RDN) has endorsed the candidate of the All Progressives Congress (APC) Pastor…
<div><img width="300" height="165" src="https://www.naijanews.com/wp-content/uploads/2024/10/Shell-Petroleum-Development-Company-300x165.webp" class="attachment-medium size-medium wp-post-image" alt="FG Disapproves $2.4 Billion Shell Assets Divestment To Renaissance" style="margin-bottom: 15px;" decoding="async" srcset="https://www.naijanews.com/wp-content/uploads/2024/10/Shell-Petroleum-Development-Company-300x165.webp 300w, https://www.naijanews.com/wp-content/uploads/2024/10/Shell-Petroleum-Development-Company-1024x562.webp 1024w, https://www.naijanews.com/wp-content/uploads/2024/10/Shell-Petroleum-Development-Company-768x422.webp 768w, https://www.naijanews.com/wp-content/uploads/2024/10/Shell-Petroleum-Development-Company-1536x844.webp 1536w, https://www.naijanews.com/wp-content/uploads/2024/10/Shell-Petroleum-Development-Company-2048x1125.webp 2048w" sizes="(max-width: 300px) 100vw, 300px" /></div>
<p>The Nigerian government has declined to authorize Shell’s $2.4 billion divestment of its onshore and shallow water assets to the local consortium, Renaissance. These assets encompass approximately 6.73 billion barrels of crude oil and condensate, in addition to 56.27 trillion cubic feet of gas. Announcing the government’s decision, the Chief Executive of the Nigerian Upstream […]</p>
<p>The post <a href="https://www.naijanews.com/2024/10/21/fg-rejects-2-4-billion-shell-assets-divestment-to-renaissance/">FG Rejects $2.4 Billion Shell Assets Divestment To Renaissance</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>