In the Niger Delta, where Shell’s oil operations have been as welcome as a mosquito at a BBQ…
Posted by John Donovan: 19 Jan 24
In the latest episode of ‘Shell’s Adventures in Nigeria,’ the British multinational energy giant, known for its gentle caress of the environment (cue eye roll), has announced plans to sell off its onshore Nigerian subsidiary, Shell Petroleum Development Company (SPDC). The price tag? A cool $2.4 billion (€2.2 billion). The buyers? Renaissance, a band of Nigerian explorers and an international energy group. But wait, there’s a catch – it’s still waiting for the Nigerian government’s thumbs up.