“This is an exposure that doesn’t fit with our risk appetite anymore,” van Beurden, Anglo Dutch oil giant confirmed to have opened talks with Nigeria on stake’s divestment Royal Dutch Shell is in talks with the Nigerian government to sell the Anglo-Dutch company’s stake in onshore oilfields, CEO Ben van Beurden said on Tuesday, according to a report by Reuters. Shell, the operator of the West African country’s onshore oil and gas joint venture SPDC, has struggled for years with spills in the Niger Delta as a result…
Read MoreShell Places all Onshore Oil blocks’ Stakes in Nigeria Up for Sale
