BLOOMBERG Shell Plc agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than $1.3 billion. If approved by the government, the transaction would fulfill Shell’s long-term goal of extracting itself from a challenging operating environment in the Niger Delta region, while retaining a presence elsewhere in the country. Beyond the initial price tag, ...

BLOOMBERG A new Baltic Sea wind farm that will power more than 1.5 million Polish homes is getting turbines made with greener steel that will cut their carbon footprint. Denmark’s Vestas Wind Systems A/S, the world’s largest turbine maker, is partnering with ArcelorMittal SA to use recycled steel to build towers that blades spin on. They’ll be first installed in ...

DUBAI / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, and Chairman of Dubai’s Higher Committee for Development and Citizens Affairs, launched the ...