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Representative image of gold bars and tanker traffic in the Strait of Hormuz, illustrating why gold prices climbed to a one-month high even as the waterway was declared completely open.

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Shell Agrees to Sell SPDC to Renaissance Consortium for $1.3 Billion

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Energy Industry News

Shell to sell Nigerian onshore subsidiary SPDC to Renaissance consortium for $1.3bn

In a significant move within the Nigerian oil industry, Shell has reached an agreement to sell its onshore…

byPallavi Madhiraju

January 18, 2024

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