ESG uncertainty continues to disrupt industry M&A
High energy prices have revived interest in Africa’s oil and gas, but financing remains painfully hard to secure, amid ESG uncertainty.
PENGASSAN
Osinbajo hails expected cost cuts under PIB
A number of Nigerian voices have come out in support of the Petroleum Industry Bill (PIB) this week.
Chevron cuts Nigeria jobs, unions protest
Chevron Nigeria has set out plans to cut 25% of its staff in response to oil price weakness.
Nigeria oil workers embark on strike to protest lack of pay
Nigerian oil workers began a 3-day strike at the petroleum ministry to demand almost three months of pay, according to the labour group representing them.
ExxonMobil workers freed in Nigeria
Rivers State has released the group of ExxonMobil employees it accused of entering the state in defiance of the lockdown intended to prevent the spread of coronavirus.
ExxonMobil employees arrested in coronavirus crackdown
Rivers State has arrested 22 ExxonMobil employees for violating quarantine by entering the area from Akwa Ibom.
NPDC looks deeper at OML 49
Nigerian Petroleum Development Co. (NPDC) has issued an invitation for companies to pre-qualify for work on OML 49, where the subsidiary of Nigerian National Petroleum Corp. (NNPC) works with Chevron.