Nigeria oil enters unclear new era after Shell’s onshore asset sale


Source: investing.com investing.com

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Published Jan 29, 2024 02:05AM ET Updated Jan 29, 2024 02:11AM ET © Reuters. FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo XOM +0.85% Add to/Remove from Watchlist SHEL +1.10% Add to/Remove from Watchlist By MacDonald Dzirutwe and Libby George LAGOS/LONDON (Reuters) - Shell (LON: )'s exit from Nigeria's onshore oil sector highlights risks oil majors face in Africa's biggest exporter but has raised hopes that local firms could reverse the output decline from the Niger...