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.