Thursday 5 May 2011

Royal Dutch Shell PLC's (RDSB.LN) oil and gas block in Nigeria

LONDON (Dow Jones)--An alliance formed by Polish-owned Kulczyk Oil Ventures Inc. (KOV.WA) and the local community has won a bid to buy into a Royal Dutch Shell PLC's (RDSB.LN) oil and gas block in Nigeria for about $800 million, a community leader involved in the deal said late Wednesday.
The deal would be Shell's largest Nigerian divestment so far and set a template to improve relations with

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