Tag: oil companies

FG gives IOCs 14 days to pay outstanding revenue on contracts

admin- January 24, 2019

Dr Ibe Kachikwu, Minister of State for Petroleum Resources The federal government has given International Oil Companies (IOCs) operating in Nigeria’s deep offshore and inland ... Read More

NNPC Moves to Exit JV Cash Call Arrears 

Henry Solomon- September 27, 2016

The Nigerian National Petroleum Corporation (NNPC) is set to work out modalities that would enable it exit Joint Venture cash call arrears by ensuring that ... Read More

Why The Clean Up Of Ogoniland Is Long Overdue

Henry Solomon- June 1, 2016

  Since oil was discovered in Nigeria in the 1950s and the drilling of the first commercial oil well commenced in Oloibiri, Bayelsa state in ... Read More

National Assembly Issues Bench Warrant On 8 Oil Companies

Henry Solomon- June 1, 2016

The National Assembly joint Committee on Niger Delta Development Commission (NDDC) on Tuesday, issued bench warrant on seven oil companies operating for failing to appear ... Read More