Indonesia MSCI Brazil politics South America energy stocks removed to avoid downgrade

INDONESIA ADJUSTS STOCKS TO AVOID MSCI DOWNGRADE WHILE BRAZIL POLITICS AND SOUTH AMERICAN ENERGY DRAW ATTENTION

Indonesia MSCI Brazil politics South America energy developments show market adjustments in Indonesia and rising energy output in South America. Indonesia MSCI Brazil politics South America energy developments show Indonesia took steps to remove certain stocks from indices to address repeated MSCI concerns over investability in Southeast Asia largest economy. The action aims to protect…

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Shell Nigeria gas distribution unit sale to Vaaris Energy in Nigeria

SHELL EXITS GAS DISTRIBUTION IN NIGERIA AS VAARIS ENERGY TAKES OVER IN MAJOR DEAL

Shell Nigeria gas distribution unit sale has been agreed with Vaaris Energy. Shell Nigeria gas distribution unit sale has been agreed with Vaaris Energy. The transaction covers the company gas distribution business in Nigeria and forms part of ongoing portfolio rationalisation in the country energy sector. Gas remains an important fuel for power generation, industry…

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