Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the state-run oil firm said on Thursday. “Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday,” said […]
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The Nigerian National Petroleum Corporation has said it has engaged its joint venture partners, Chevron and Total, to build power plants in Obite and Agura. The Group Managing Director, NNPC, Dr. Maikanti Baru, stated this at the ongoing Offshore Technology Conference in Houston, Texas, United States. The GMD, who was represented by the Chief Operating […]
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The Niger Delta Avengers in the early hours of Wednesday broke through the heavy military presence in the Niger Delta region, blowing up two vital Chevron oil wells in Warri North Local Government Area of Delta State. Punchng, correspondent learnt that the incident occurred around 3:44am near Egbema, an Ijaw enclave in Warri North. The […]
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