BUSINESSDAY Nigeria plunges to 133rd on Gender Index as women shrink in economy, politics Nigeria’s DisCos broke as electricity attracts largest energy investments globally We are looking at the oil and gas space to forge collaboration between Nigeria and Norway What growing interest, confidence in JVs means to real estate consumers Why 2019 could be […]
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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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Shell Petroleum Development Company (SPDC) and the Joint Venture (JV) partners remitted $42 billion to the Federal Government between 2011 and 2015, The Nation has learned. This is contained in Royal Dutch Shell’s 2015 Sustainability Report released yesterday. The oil giant said it also paid royalties and corporate taxes worth $1.1 billion to the government last year. […]
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