OML 25: who will help Crestar pay Shell?
Successful bidder for OML 25, Crestar, is still short on funds to buy out Shell’s stake in the block. At loggerheads with its Nigerian partner, Crestar is on the hunt for new investors. [...]
Muhammadu Buhari’s victory in Nigeria’s recent presidential election will result in the departure a strongest card in outgoing president Goodluck Jonathan’s hand: the controversial petroleum resources minister Diezani Alison-Madueke. While some traders who became oil explorers raked in riches during [. [...]
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