Shell Signals Up to $20bn Investment in Nigeria
Shell Plc has indicated plans to invest up to $20 billion in Nigeria in the coming years, citing renewed confidence in the country’s oil and gas sector following policy reforms introduced by President Bola Ahmed Tinubu.
The indication...
FG To Continue $3.5bn Eni/Shell Suit As Italy Drops Charges
Nigeria will continue its $3.5bn civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings against the companies, a lawyer representing Africa’s largest crude producer said.
Bloomberg reported on Tuesday that the...