Poor Returns, Climate Pressure Force Oil Majors To Rethink African Assets - Businessday Ng

by businessday.ng posted 2weeks ago 1 views
Days after British Petroleum (BP) and Italy’s Eni started talks over the future of their oil and gas assets in Algeria, ExxonMobil is in talks with African-focused Savannah Energy to sell off its upstream and midstream operations. A few weeks ago, Anglo-Dutch oil major, Shell, acknowledged that its spill-prone operations in Nigeria are not compatible […]

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