By Joan Akello Since Shell Oil Products Africa (Shell) announced it was reviewing ownership options of its downstream businesses in 21 countries in Africa including Uganda, the question has been: Who will fill the gap? Shell Uganda Country Chairman Ivan Kyayonka told The Independent on March 7 that several options …
Read More »Shell to buy Heritage?
By Agencies Sale of Heritage Uganda assets to Shell more likely The oil exploration sector is rife with takeovers and speculation at the moment, and traders are currently hearing of another possible bid, Royal Dutch Shell for Heritage Oil. Initially, the value of Heritage shares rose over the news but …
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