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FG Rejects $2.4 Billion Shell Assets Divestment To Renaissance
<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>
