Malabu: Shell writes down OPL 245 licence

By Lucas Ajanaku Multinational oil and gas giant, Royal Dutch Shell, said it would write down its investment in the controversial Malabu Oil Prospecting Licence (OPL) 245 offshore field in Nigeria. The OPL licence has been at the heart of a protracted litigation in Italy after prosecutors alleged corruption. According to Reuters, Shell announced theRead MoreBusiness, News Update

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