By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: NUPRC Denies Approval of Shell’s $1.3 Billion Asset Sale to Renaissance Consortium
Share
Sign In
Notification Show More
Latest News
NATCOM-UNESCO, stakeholders push AI in education
Metro News
TVET to address outdated curricula, weak industry linkages, says FG
Metro News
CGE Africa empowers female professionals in fisheries to tackle climate change, GBV
Civil Society Organisations Metro News
GATA Chair hails FCT Minister for performance
Business Metro News
Engr. Jennifer Adighije: Transforming NDPHC with Vision, Innovation, and People-Centered Leadership
Awards and Recognitions Business Opinion Power
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Oil & Gas > NUPRC Denies Approval of Shell’s $1.3 Billion Asset Sale to Renaissance Consortium
BusinessNewsOil & Gas

NUPRC Denies Approval of Shell’s $1.3 Billion Asset Sale to Renaissance Consortium

Publisher
By Publisher Published September 12, 2024
Share
1 Min Read
SHARE

By Chidi Ugwu

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Wednesday refuted claims that it has approved Shell International Plc’s $1.3 billion sale of its onshore assets to Renaissance Consortium.

The statement, signed by Mrs. Olaide Shonola, Head of Public Affairs and Corporate Communication, emphasized that the information published in Businessday on September 11, 2024, is incorrect and did not originate from the Commission.

- Advertisement -
Ad image

NUPRC confirmed its commitment to transparency and stated that it will communicate its official stance on the transaction at the appropriate time.

The agency urged stakeholders and the public to disregard the misleading publication, which the Commission labeled as baseless.

This clarification comes amid ongoing discussions regarding Shell’s divestment from its Nigerian onshore operations, which has faced scrutiny due to environmental concerns and legal disputes.

Shell had previously announced plans to sell its assets in the Niger Delta to focus on deepwater and gas investments, but the approval process remains pending, awaiting the final consent of President Bola Tinubu, who also serves as the Minister of Petroleum Resources.

Like this:

Like Loading...

Related

You Might Also Like

NATCOM-UNESCO, stakeholders push AI in education

TVET to address outdated curricula, weak industry linkages, says FG

CGE Africa empowers female professionals in fisheries to tackle climate change, GBV

GATA Chair hails FCT Minister for performance

Engr. Jennifer Adighije: Transforming NDPHC with Vision, Innovation, and People-Centered Leadership

TAGGED: Oil and gas, Shell Petroleum

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher September 12, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article NiMet DG/CEO Anosike Makes Case For Issuance Of Early Warnings In Response To Climate Change
Next Article Maiduguri Dam Collapse Represents Failure In Governance – RDI
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

NATCOM-UNESCO, stakeholders push AI in education
Metro News June 3, 2025
TVET to address outdated curricula, weak industry linkages, says FG
Metro News June 3, 2025
CGE Africa empowers female professionals in fisheries to tackle climate change, GBV
Civil Society Organisations Metro News June 3, 2025
GATA Chair hails FCT Minister for performance
Business Metro News June 3, 2025

You Might also Like

MetroNews

NATCOM-UNESCO, stakeholders push AI in education

June 3, 2025
MetroNews

TVET to address outdated curricula, weak industry linkages, says FG

June 3, 2025
Civil Society OrganisationsMetroNews

CGE Africa empowers female professionals in fisheries to tackle climate change, GBV

June 3, 2025
BusinessMetroNews

GATA Chair hails FCT Minister for performance

June 3, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d