International Oil Companies (IOCs) operating in Nigeria may have devised means to compel the Federal Government into changing its fiscal policy on the Petroleum Industry Governance Bill (PIGB). The Guardian learnt the IOCs have deliberately put on hold the Final Investment Decision (FID) on five offshore oil and gas projects to make government alter fiscal […]
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Shell Nigeria Exploration and Production Company Limited, on Monday, said it had shut down production from Bonga field to enable it commence turnaround maintenance. SNEPCo said in a statement that executing the statutory activities would ensure continuous optimum operations at the deep-water field, which began producing in November 2005. According to the oil major, the […]
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Violent conflicts have become so pervasive in Nigeria that one could be excused to say that they threaten to become the new normal. Some years ago, no one could imagine that a Nigerian, child or adult, would become a suicide bomber. That thinking was loudly put to rest by the activities of Boko Haram, the […]
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