Chevron Nigeria has disclosed that, through investments in gathering and processing of associated gas, routine flaring has dropped by over 97 percent in the past 10 years in its operations.
The National Association of Nigerian Students (NANS) is urging the Federal Government to take immediate action to protect the Dangote Refinery from the threat posed to it by International Oil Companies (IOCs) to its operations.
NNPCL, Five JV Partners Sign Gas Supply Agreement Worth Over $250m
Six joint venture domestic and international oil companies, signed a Gas Supply Agreement for the supply of natural gas for a 500 megawatts power project valued at over $250m (N115bn at the official exchange...
Oil Firms Pay N138bn Petroleum Tax In June
Four International Oil Companies (IOCs) operating four crude export terminals and a gas feedstock paid N138.749 billion to the Federal Inland Revenue Service (FIRS) as Petroleum Profit Tax, Company Income Tax and Education Tax for June 2022.
According...
IOCs, MOCs Involved in Multi-Billion Dollars Crude Oil Theft - Navy
The Nigerian Navy has identified the International Oil Companies (IOCs) and Multinational Oil Companies (MOCs) as syndicates engaged in the crude oil theft ring in the Niger Delta region.
It accused the IOCs and MOCs...
FG Pays IOCs $4bn, Secures Pipelines With N12.43bn
Latest figures from the national oil company on cash call arrears repayment indicated that the Federal Government, through NNPC, had so far paid $4.04bn to five of its joint venture international oil companies as at July 31,...
