Shell divesting OML interests15 Aug 2021 17:25
very interesting article, posted by 1kempton on the other board, confirming much of what we know already about Shell's sell off of their OML interests. also good to see professional comment on the effect of the new petroleum law .“Importantly, the recently passed Petroleum Industry Bill (PIB), which has still to be signed into law, will offer materially lower royalties and taxes for oil.” i believe this just needs President Buhari's final sign-off now