Shell started business in Nigeria in 1938 as "Shell D’Arcy" and was granted an exploration license. In 1956, Shell Nigeria discovered the first commercial oil field at Oloibiri in the Niger Delta and started oil exports in 1958.
What is high oleic sunflower oil?
High oleic sunflower contains 4?times more oleic acid than classical sunflower, with 84% oleic acid in oil. It competes on global scale with other high oleic oils but has the highest oleic level compared to oleic safflower (78%), oleic rapeseed and canola (75¨C73%) and oleic soybean (73%) ( Tonin, 2018 ).
How did sunflower maintain its competitiveness on Oilseeds markets?
Sunflower succeeded in maintaining its competitiveness on oilseeds markets in the previous decades, through continuous innovation in genetics, production and markets and a growing segmentation.
Is sunflower oil a premium oil?
The average level of vegetable oils markets will not depend on sunflower, but sunflower oil keeps specific advantages regarding nutritional quality and technological properties which should allow it to maintain its position among premium oils.