Shell: Nigeria Oil Operations Are Incompatible With Net-Zero Plans ...Middle East

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Shell: Nigeria Oil Operations Are Incompatible With Net-Zero Plans
source : OILPRICE ( Middle East ) () 21
Royal Dutch Shell does not see its upstream oil operations in Nigeria as compatible with its strategy to become a net-zero energy business, chief executive Ben van Beurden said at the supermajor’s annual general meeting on Tuesday. “The balance of risks and rewards associated with our onshore portfolio is no longer compatible with our strategic ambitions,” van Beurden told shareholders, as carried by Bloomberg. “We cannot solve community problems in the Niger Delta,” said the top executive at Shell, which has encountered…

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