Tag
IOCS
Bayelsa State Oil and Environmental Commission (BSOEC) has released a report calling on international oil companies to spend $12 billion to repair environmentally impacted communities in the Niger Delta
The proposed divestment by TotalEnergies will be the latest in a series of similar actions by other International Oil Companies.
Chevron is looking to sell-off a number of its oil assets in the country as the company wants to focus on growing its US shale output.
Timipre Sylva stated yesterday that the government knows that the full amount expected from the IOCs might never be recovered.
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it won't renew the oil block licences of International Oil Companies.