NNPC Halts Sale of Shell’s Oil Block to Creststar

The year-long process by Shell Petroleum Development Company (SPDC) and its joint venture partners to divest some of their onshore assets has run into a hitch, as the Nigerian National Petroleum Corporation (NNPC) has moved to stop the sale of Oil Mining Lease (OML) 25 to Creststar consortium, according to reports by THISDAY news site …(continue reading)