IOCs’ assets divestment already yielding additional output in oil sector, says Lokpobiri
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, yesterday said that the recent gale of divestments in…
Compensation of host communities will fast-track approval of divestment—NUPRC to IOCs
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says international oil companies (IOCs) ready to divest can obtain prompt approval if…
NNPC not blocking divestment by foreign oil companies—Kyari
The Nigerian National Petroleum Company (NNPC) Limited says its role in the divestment of international oil companies (IOCs) from onshore…
Nigeria’s Oil and Gas industry faces uncertainty as international companies divest
By Nimibo Alfred Dienagha (Jnr) Nigeria has long been a major player in the global oil and gas industry, but…
36 oil blocks under concession to IOCs, others—NNPCL
Abuja—No fewer than 36 oil blocks are under concession to international oil companies operating in Nigeria and their indigenous counterparts…
NDDC seeks more collaborations with IOCs for legacy projects
Abuja—Managing Director of the Niger Delta Development Commission, (NDDC) Dr. Samuel Ogbuku, has called for more strategic collaborations with International…
Ijaw demand environmental clean-up before IOCs exit Niger Delta
Port Harcourt —Ijaw stakeholders have demanded that divesting International Oil Companies should clean up the polluted sites around the environments…
FG will rekindle divesting IOCs’ interest in Oil sector, says Lokpobiri
Abuja—Minister of State, Petroleum Resources (Oil), Senator Heineken Lokpobiri, yesterday, assured that with the renewed drive to create the right…
Ensure better welfare for host communities, ex-Bayelsa Commissioner, Opuala-Charles urges IOCs
Port Harcourt—A former Commissioner for Finance in Bayelsa State, Dr. Silva Opuala-Charles, Saturday urged International Oil Companies (IOCs) in the…
NDDC dedicates new headquarters to God; appeals to IOCs to make remittances
Port Harcourt—The Niger Delta Development Commission, NDDC, has formally dedicated to God its new headquarters building at the Marine Base,…
