The diverse and divergent views expressed by experts at the just concluded Nigerian International Energy Summit (NIES2022) in Abuja, with the theme “Strategies for Confronting the Energy Transition”, vividly exposed the uncertain future of crude oil exploration and production in Nigeria. One thing that became glaringly obvious from all speakers was the move by what […]
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Without a doubt, oil and gas exploration and production activities in Nigeria, particularly in the Niger Delta region carried out by International Oil Companies (IOCs) and Indigenous Oil Companies have brought with their operations more socio-economic, political and environmental woes on the psychic, physical/emotional and health wellbeing of the inhabitants of the region than words […]
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The shocking news that all previous claims by Shell that they did nothing wrong with the highly contentious OPL 245 oil bloc deals were false hit Nigerians yesterday. Global Witness noted that in a statement to the New York Times, Shell’s Vice President for Global Media Relations, agreed that, “Over time, it became clear to […]
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Royal Dutch Shell, weekend, confirmed plans to sell over 16 assets each worth more than $500 million. Though the report had no mention of what location or country which its assets is up for sale, but explained that the move is part of its vast $30 billion three-year asset sales programme. According to Reuters, its […]
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