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Home Tag ExxonMobil’s Owowo

Tag: ExxonMobil’s Owowo

FG battles 6 oil firms for failure to remit N20 trillion , ExxonMobil, Shell, Chevron delay $58.4 billion oil and gas investment in Nigeria, Crude Oil: Nigeria’s oil production slips for the third consecutive month , Tax reform, policy uncertainty to cause oil drop as foreign firms look outside Nigeria, Nigeria plans to support oil price with lower production cost per barrel, Oil price slumps further to $30 pb, as Nigeria grapples with high production cost, Reduction in PMS: A nod to the deregulation of the downstream sector?

Tax reform, policy uncertainties to cause oil drop in Nigeria, WoodMac warns

by Fakoyejo Olalekan

February 14, 2020

A new report by consultancy firm, Wood Mackenzie, has disclosed that Nigeria’s crucial energy sector could experience a 35% decline in oil output.