Seplat Energy chief lauds assets divestment in Nigeria by IOCs
By Emeka Ugwuanyi Assets divestment by International Oil Companies (IOCs) in Nigeria’s upstream petroleum sector has been a success case in terms of value creation,
Tag : IOCs
FG fails to recover N8tn taxes withheld by IOCs, others
Despite facing a financial crisis, which has compelled it to obtain huge foreign loans, the Federal Government has yet to recover about N8tn taxes withheld
IOCs to expand drilling operations
Contrary to reports that International Oil Companies, Shell, Chevron and others will finally bid farewell to Nigeria’s upstream, fresh findings have shown that energy firms
‘Government, IoCs, banks must support indigenous oil companies amidst divestment’
Amidst growing divestment from Nigeria’s oil and gas sector and dwindling global financial options for fossil fuel projects, the Federal Government, international oil companies and
IOCs polluting Nigeria must face sanctions – Minister
The Federal Government, on Monday, said that it would henceforth hold international oil companies accountable for the massive environmental pollution across the country. Minister of
Indigenous companies allay fears over divestment of assets by IOCs
An association of indigenous Exploration and Production companies, under aegis of the Independent Petroleum Producers Group (IPPG), has allayed concerns over the ongoing divestment of
NCDMB, IOCs partner to develop oil, gas parks
The Nigerian Content Development and Monitoring Board (NCDMB) says major International Oil Companies (IOCs) have made significant investments in support of the ongoing development of
Nigeria needs to harness gas resources for national development – IOCs
TotalEnergies Nigeria and Chevron Nigeria Limited on Tuesday stressed the need for concerted efforts to harness the country’s abundant gas resources for national development. The
