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Tag "IOCs"

We’re not hindering divestment by foreign oil companies, says NNPC

    We’re not hindering divestment by foreign oil companies, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says its role in the divestment of international oil companies (IOCs) from onshore and shallow water assets in the country is that of

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‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

    ‘It impacts FX liquidity’ — CBN limits repatriation of proceeds by foreign oil firms

The Central Bank of Nigeria (CBN) has placed limits on the transfer of proceeds from crude exports by international oil companies (IOCs) to offshore parent company accounts. According to a

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Energy transition may threaten job security, stifle investment, says NUPRC

    Energy transition may threaten job security, stifle investment, says NUPRC

Gbenga Komolafe, chief executive officer (CEO), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says most  international oil companies (IOCs) will divest from onshore oil assets in next few years as calls

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Climate Watch: Air pollution affects human organs — even at low levels

    Climate Watch: Air pollution affects human organs — even at low levels

Despite directly impacting our communities, health and livelihood, climate-related reports usually take a back seat to dominant news beats like politics and business. Climate Watch aims to ensure you never

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Diri: It’s unfair for IOCs to extract oil in Bayelsa but workers pay income tax in Lagos

  Diri: It’s unfair for IOCs to extract oil in Bayelsa but workers pay income tax in Lagos

Douye Diri, governor of Bayelsa state, says it is “unfair” that international oil companies (IOCs) extract oil in the state

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Akpabio: Corruption is Nigeria’s major problem — it discourages foreign investment

  Akpabio: Corruption is Nigeria’s major problem — it discourages foreign investment

Godswill Akpabio, minister of Niger Delta affairs, says the major problem of the country is corruption. Akpabio spoke on Monday

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