Tag: International Oil Companies
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Oil producing Communities lament years of neglect due to exploration
By Our Correspondent Some oil producing communities in Southern Ijaw local government area of Bayelsa state have staged a protest over the hardship being experienced by the people due to many years of oil exploration activities. Residents of the Olugbobiri Kingdom and ten other Communities are expressing anger against the government and the multinational oil…
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NNPC to develop comprehensive divestment policy for IOCs
The Nigerian National Petroleum Corporation (NNPC) says it will soon develop a Comprehensive Divestment Policy for International Oil Companies ( IOCs) operating in the country to protect strategic national interest. Mr Mele Kyari, the Group Managing Director, NNPC disclosed this in Lagos on Monday at the 2021 Society of Petroleum Engineers (SPE) Nigeria Annual International…