NUPRC denies approving Shell’s $1.3 billion asset sale to Renaissance

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has denied a report that it has granted Shell International’s bid to sell its onshore assets to Renaissance in a transaction worth $1.3 billion. The Spokesperson of NUPRC, Olaide Shonola, disclosed this in a statement on Wednesday. The commission’s clarification comes amid a report that it has granted [...]NUPRC denies approving Shell’s $1.3 billion asset sale to Renaissance

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