Major international energy companies, including Equinor, Shell, Agip, and ExxonMobil, are conducting divestments in Nigeria.
1 report, 1 independent
Updated Aug 1
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What happened
Major international energy companies, including Equinor, Shell, Agip, and ExxonMobil, are conducting divestments in Nigeria.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Nigeria
sovereign state in West Africa
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Equinor
Norwegian energy company; developer of Empire Wind 1 (810 MW) in NYISO — direct competitor to Avangrid offshore wind.
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Shell
British multinational oil and gas company
Related events
- Dangote Petroleum Refinery is deepening its role in Nigeria's fuel market, with plans for share sales and a $100 million investment from Femi Otedola.
- TotalEnergies, ExxonMobil, and Shell are actively pursuing various oil and gas projects in Nigeria.
- The Dangote refinery is operating in Nigeria with NNPC as a 7.25% equity shareholder, managing a naira-for-crude initiative and switching from naira-denominated sales.
- The Nigerian Navy is conducting a sustained campaign against crude oil theft in Nigeria.
- Diaspora citizens are actively investing in the Dangote Refinery IPO while political figures address administration criticism in Nigeria.