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Shell agrees to exit Nigerian business for $1.3bn after more than 60 years

Financial Times - Energy · last updated

Shell agrees to exit Nigerian business for $1.3bn after more than 60 years
Shell agrees to exit Nigerian business for $1.3bn after more than 60 years

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While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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