Shell Plc’s previously agreed sale of its stake in the Schwedt refinery, a plant that supplies much of eastern Germany with fuel, has fallen through. Shell still intends to divest its 37.5% ...

Nigeria’s oil minister, Senator Heineken Lokpobiri, has approved the $2.4 billion sale of Shell’s onshore and shallow-water assets to Renaissance Group. The transaction was initially announced ...

The Federal Government of Nigeria has reportedly approved the sale of onshore assets of the Shell Petroleum Development Company (SPDC) to Renaissance Africa Energy Company Limited, a local oil and gas ...

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ABUJA, Dec 18 (Reuters) - Shell (SHEL.L), opens new tab has received approval from Nigeria's oil minister for the sale of $2.4 billion in onshore and shallow-water assets to Renaissance Group ...

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Shell made the approval of the sale of its controversial assets in the Niger Delta a condition of fresh investments off the coast of Nigeria, according to people familiar with the deals.

Shell has received approval from Nigeria's oil minister for the sale of $2.4 billion in onshore and shallow-water assets to Renaissance Group, Renaissance said in a statement on Wednesday.

Renaissance said: "This approval marks a significant step forward from the announcement of the sale and purchase agreements in January." The approval follows Shell's recent announcement of its ...