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Tag: International Oil Companies (IOCs)

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As Nigeria Ramps Up Crude Oil Production To 1.7mb/d, Lokpobiri Says Increased Revenue Will Ease Forex Squeeze

By Ayo Yusuf The Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri at the weekend disclosed that crude oil production has risen to...
News

Nigeria’s Annual Upstream CAPEX Drops To $6bn- NUPRC

By Agency Report  The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from 27 billion dollars in 2014...
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Bala Usman: Amaechi Sacked Me As NPA MD To Protect Atiku’s Interest, Says Ex-Minister Left Villa ‘Angry At Buhari’s Directive’

By Charles Adingupu Former Managing Director, Nigeria Ports Authority (NPA), Hadiza Bala Usman, has identified her insistence on getting Integrated Logistics Services (INTELS) to conform...
Business

ERA, CSOs Warn Divesting Oil Firms To Clean Their Mess Before Leaving N’Delta

Civil society groups that converged on Benin City, the Edo State capital on Friday May 27 have warned that the current model of divestment...
Business

ERA, Groups Expose Motives Of Shell, Other Divesting IOCs In N’Delta

Environmental and climate justice groups across the country have urged Shell and other International Oil Companies (IOCs) operating in the Niger Delta to implement...
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How Conflict of Interest Earned Avuru A Sack By Seplat Board

The last appears not to have been heard about the removal of Mr. Austin Avuru as a Non-Executive Director of Seplat Energy Plc. by...
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NNPC Begins 2022 Activities With Commitment To Host Communities’ Development

The Nigerian National Petroleum Company (NNPC) Limited has assured of its commitment to further deepen ties with its host communities as it begins activities...
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