NUPRC Denies Claims Of Shell’s $1.3bn Asset Sale To Renaissance Approval

NUPRC Denies Claims Of Shell’s $1.3bn Asset Sale To Renaissance Approval …C0NTINUE READING HERE >>>

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has debunked a media report claiming it approved Shell International Plc’s sale of its onshore assets to Renaissance for $1.3 billion.
The report, which was published on Wednesday, purported that NUPRC had given regulatory approval for the major transaction, but the Commission has now labelled the publication as “baseless.”

The regulator, in a statement, stressed that the information did not originate from the…

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