Prevailing peace, security in Niger Delta now pushing up petroleum investments—Agip
More International Oil Companies (IOCs) have continued to testify on the positive impacts of steady peace in the oil rich Niger Delta since this year, saying oil and gas productivity are now nearing peak. This formed key revelation of the…
Agip begins feasibility studies on new 150,000bpd refinery
In keeping with its resolve to deepen investment in Nigeria’s oil and gas sector, Nigerian Agip Oil Company (NAOC), a subsidiary of Italian oil major, Eni, has begun feasibility studies for the construction of a new 150,000bpd refinery in the…
How litigation frustrated House inquiry on $17bn undeclared crude involving IOCs CEOs
Deadlock can best be described as proceedings at the House of Representatives ad hoc Committee investigating $17 billion undeclared proceeds of crude oil and liquefied gas sales between 2011 and 2014 at the national Assembly yesterday. The Committee had invited…