Nuprc Rejects Shell's 1.3bn Oil Asset Sale-report

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nuprc rejects shells 13bn oil asset salereport
Nigeria's oil regulator has rejected Shell's proposed 1.3 billion sale of its onshore oilfields to Renaissance group because the buyer is not qualified to manage the assets. Shell, which owns the assets via Shell Petroleum Development Company SPDC, said it was providing the regulator with all the required information. The regulator and Renaissance did not