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Shell to sell Nigerian onshore oil assets for $1.3bn

Shell Plc has agreed to sell its Nigerian onshore oil assets to a local partnership for more than $1.3 billion, subject to government permission. According to Bloomberg, Shell’s Integrated Gas and Upstream Director, Zoe Yujnovich, confirmed the deal in a statement on Tuesday, emphasizing the company’s focus on streamlining its portfolio and directing disciplined investments […]