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Shell resumes Nigeria EA oil production, sells Norway downstream business

Dec. 18, 2014 10:46 AM ETShell plc (SHEL) StockSHELBy: Carl Surran, SA News Editor
  • Royal Dutch Shell (RDS.A, RDS.B) says it has resumed production of Nigerian EA crude oil and lifted its force majeure on the grade after completing repairs to a mooring platform damaged by weather in June 12.
  • Also, Shell is selling its retail, commercial fuels and supply and distribution logistics businesses in Norway to ST1 for an undisclosed sum; the move follows sales of refineries in the U.K., Germany, France, Norway and the Czech Republic, as well as downstream businesses in Australia and Italy.

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