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Home Tag International Oil Companies

Tag: International Oil Companies

parallel market, Covid-19: N3.5 trillion disbursed as stimulus package for the Nigerian economy, CBN Vs NESG: Waving the white flag for the benefit of Nigerians, Exchange Rate Unification: CBN devalues official rate to N380/$1, Nigerian banks have written off N1.9 trillion impaired loans in past 4 years, CBN sandbox operations, Stirling Trust Company Limited, Key highlights of the October 2020 Business Expectations Survey Report, A Total of N3.5 trillion was disbursed in the wake of the COVID-19 pandemic, in addition to several other interventions to reflate the economy - CBN, BOFIA 2020: Steps forward or backwards for Nigerian banks, Total credit to the economy rose to N19.54trillion – CBN Governor

CBN stops oil companies from selling dollar to NNPC, here’s why

by Chidinma Nwagbara

August 27, 2020

The CBN has halted the sale of dollars to the NNPC by oil companies, including IOCs that operate within the ...

NNPC, petroleum, Kyari, smuggling, , NNPC explains why kerosene price is not stable, NNPC, Why NNPC may sack depot managers in downstream sector , NNPC boss blames failure of refineries on negligence, says there are no excuses , No fuel scarcity during festive period - NNPC , NNPC advances commitment to meet domestic gas demands, NNPC to pay BCE $22.6 million over failed contract , Pipeline vandalism: NNPC GMD invited for questioning , Curbing the menace of smuggling of petroleum products, Amendment of Deep Offshore Act: NNPC allays fears of IOCs , New oil discovery to facilitate massive job creation – NNPC, Shell, NNPC lament Nigeria’s electricity deficit, FG gives reasons for fuel subsidy removal, discloses alternative to kerosene, NNPC makes $434.85 million from oil export sales in January, may suspend crude oil production

Amendment of Deep Offshore Act: NNPC allays fears of IOCs

by Chidinma Nwagbara

November 20, 2019

The GMD of NNPC, Mele Kyari, has urged the IOCs not to worry over the Deep Offshore and Inland Basin ...

Global crude oil prices

Oil: International oil companies scale down on Nigeria operations

by CSL Stockbrokers

Chevron is looking to sell-off a number of its oil assets in the country as the company wants to focus ...

Should Nigeria worry as unprofitable oil era looms?

Should Nigeria worry as unprofitable oil era looms?

by Emmanuel Abara Benson

November 5, 2019

A recent study report by Rystad Energy has suggested that many international oil exploration companies may soon be faced with huge ...

NCDMB launches LPG Composite Cylinder Manufacturing plant in Bayelsa, IOCs, Nigeria, Timipre Sylva, crude oil, Minister proposes 2020 timeline for rehabilitation of Warri, Kaduna refineries , FG to cut huge energy cost through gas commercialisation initiative, FG discloses plan to sell fuel at N97 per litre , FG give reasons why it won’t allow marketers determine petrol price despite deregulation, FG explains reasons for deregulating downstream oil sector

Nigeria gets real with $62 billion demand from IOCs

by Emmanuel Abara Benson

October 17, 2019

Timipre Sylva stated yesterday that the government knows that the full amount expected from the IOCs might never be recovered.

Nigerian National Petroleum Corporation, Crude oil, oil production

IOCs are owing Nigeria $20bn, and FG wants them to pay now

by Emmanuel Abara Benson

February 22, 2019

Major international oil companies in Nigeria owe a collective tax arrears of about $20 billion, money the Government is now ...

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