Oil Majors Could Divest $100bn Worth of Assets, But are Indigenous Companies Ready?

Amid massive divestment into cleaner sources of energy, some of the world’s largest oil and gas firms are considering assets sell or swap of more than $100billion, a development which may be a sort of mixed blessings for Africa’s biggest oil-producing country. Analysis by Rystad Energy, a Norwegian oil sector research firm, indicates that International…for furher reading, click on https://businessday.ng/energy/oilandgas/article/oil-majors-could-divest-100bn-worth-of-assets-but-are-indigenous-companies-ready/

Source: BusinessDay Newspaper          Sept 29, 2020.