The plummeting prices of crude oil in the international market have impacted negatively on the earnings of ExxonMobil Corporation and Chevron Corporation, according to their third quarter 2016 results. Chevron’s average sales price per barrel of crude oil and natural gas liquids was $37 in...

…Begin entrepreneurship training for staff Shell and Chevron have begun entrepreneur-ship valedictory training for some of their staff, as the lingering tough time forced the companies and other International Oil Companies (IOCs) operating in Nigeria to slate about 250 fresh staff for disengagement, New Telegraph...

After about three months of quiet, the Niger Delta Avengers resumed destruction of oil and gas infrastructure yesterday, when it bombed a Chevron-operated export pipeline at Escravos in Warri South Local Government Area of Delta State. The attack on the major pipeline came as a...

A Federal High Court in Lagos will on September 30, 2016 hear the suit filed by the federal government against Nigerian subsidiaries of United States multinational Chevron, British-Dutch Shell, Italian ENI’s Agip, France’s Total and Brasoil of Brazilian Petrobas. The government had filed the suit...

Cash strapped Nigeria’s Federal Government is demanding $635million from two multinational oil companies, Agip and Total for undeclared crude oil shipped out of the country between 2011 and 2014. Two cases have been filed at the Federal High court in Lagos by senior lawyer...

Chevron and Eni, two of the global oil majors operating in Nigeria, and their local counterparts such as Seplat and Oando may have been worst hit by the production disruptions occasioned by militant attacks in the Niger Delta, their financial results have shown. Chevron Corporation,...