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The collapse in the oil price since June, 2014 has led to a lot of horse trading between sellers and [...]
The fact that Crestar and Shell are talking again about the acquisition of Shell’s stake on OML 25 doesn’t mean disputes stemming from the Alison-Madueke era are resolved. [...]
Before leaving her job to a successor, Nigeria’s powerful petroleum resources minister snubbed her friends. Here’s why. [...]
Under pressure from the oil ministry, Shell has rejected a move by Crestar to acquire its shares on OML 25. The Nigerian firm hasn’t taken that lying down and is mounting a counter-attack. [...]
The management of Crestar, which Shell chose as preferred bidder for OML 25, are pulling out all stops to win a green light from the oil minister. [...]
The Nigerian firm Crestar which is fighting to win the 45% that Shell, Total and ENI have put up for [...]
Companies that bought Shell’s stakes on OML 18, 24, 25 and 29 have no choice but to let the Anglo-Dutch major sell their oil. [...]
A company named Crestar and backed by a former Department of Petroleum Resources (DPR) chief finds itself in the best position to acquire Shell's stake on OML 25. [...]
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