Shell (RDS.A, RDS.B) believes the tax terms in a Nigeria oil bill risk rendering offshore oil...


Shell (RDS.A, RDS.B) believes the tax terms in a Nigeria oil bill risk rendering offshore oil and gas projects "non-viable." A bill would end years of regulatory uncertainty that has blocked billions of dollars of investment in the country, but the current draft bill "requires significant improvements to secure Nigeria's competitiveness."

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