Saturday, 31 July 2010
LAGOS — * Proposed reforms will change fiscal framework * Shell optimistic agreement can be reached * Says no comparison between Niger Delta, U.S. Gulf spill Royal Dutch Shell has some $40 billion worth of potential investment in deepwater oil projects in Nigeria on hold amid uncertainty over planned reforms to the energy sector, a senior executive told Reuters. Mutiu Sunmonu, country chairman for Shell Nigeria, said it was difficult to make commitments without clarity over the terms of...
Full Story: MSNBC
 


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