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IOCs

Oil and Gas

Dangote insists IOCs frustrating crude oil supply demands to refinery

THE management of Dangote Industries Limited (DIL) has insisted that the International Oil Companies (IOCs) operating in Nigeria consistently...
Ehime ALEX -
Interviews

IoCs exit, divestment hurting Nigeria’s oil production -Ex-MOMAN chairman

A FORMER chairman of the Major Oil Marketers Association of Nigeria (MOMAN) and the chief executive officer of 11...
Harrison EDEH -
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Energy and Power

Dangote accuses IOCs of frustrating crude oil supply to local refineries

THE Dangote Industries Limited (DIL) has accused the International Oil Companies (IOCs) operating in Nigeria of frustrating the supply...
Ehime ALEX -
Banking and Finance

Again, CBN clarifies issues on IOC’s 50% repatriated funds

THE Central Bank of Nigeria (CBN) has further clarified the "Cash Pooling" of repatriated oil and gas export proceeds...
Ehime ALEX -
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Oil and Gas

CBN clarifies issues on 50% crude oil proceeds repatriation

THE Central Bank of Nigeria (CBN) has clarified earlier directives to banks regarding foreign exchange "cash pooling" requirements on...
Ehime ALEX -
Oil and Gas

FG okays shell’s $2.4bn asset sales amid IoCs exit concerns

AMID worries over the exit of some international oil companies (IOCs), the Nigerian government has approved the $ 2.4...
Harrison EDEH -
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