Category: Regions
Reuters reveals Shell’s Nigerian oil assets attract interest from local firms
Reuters Reuters revealed that at least five Nigerian oil and gas companies are preparing to submit bids this month for Royal Dutch Shell’s onshore oilfields in a sale that could fetch up to $3 billion, three sources involved in the process told Reuters. Shell started talks with the Nigerian government last year about selling its stake in…
Read MoreReuters exclusively reports up to 1 million COVID vaccines expired in Nigeria last month
Reuters Reuters exclusively reported that up to one million COVID-19 vaccines are estimated to have expired in Nigeria in November without being used, one of the biggest single losses of doses and showing the difficulty African nations have getting shots in arms. Governments on the continent of over one billion people have been pushing for…
Read MoreReuters exclusively reports President Museveni says that western companies are blind to Ugandan investments
Reuters Reuters exclusively reported that President Yoweri Museveni said the Chinese private investment in Uganda is growing while Westerners are losing appetite to put money to work in the country, pledging to step up efforts to tackle corruption that have made slow progress. Museveni, in power since 1986 and one of Africa’s longest-serving leaders, said…
Read MoreReuters reveals Shell eyes return to Libya with oil, gas, solar investments
Reuters Reuters exclusively reported that Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, a decade after exiting the North African country because of unrest. The plan, details of which were seen by Reuters, marks a rare new oil…
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