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Nigeria: UN to Nigeria - Force Foreign Oil Firms to Clean-Up Environment
Vanguard, 7 November 2012
The United Nations, UN, yesterday said if Nigeria as a country must achieve environmental sustainability, it must force foreign oil companies that must have polluted the… Read more »
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Nigeria: Oil Firms Shun Gas Flare Penalty Payment for 2012
Vanguard, 7 November 2012
None of the oil companies operating in Nigeria has paid any penalty to the coffers of the Nigerian government for gas flaring since the beginning of this year. Read more »
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Nigeria: U.S. Firm to Build Oil Refinery in Kogi
Daily Trust, 7 November 2012
Kogi State government is to partner a US-based company, Global Investment Project, towards the establishment of oil refinery and revitalization of the state's moribund mass transit… Read more »
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Nigeria: Financial Experts Disagree On Crude Oil Price Benchmark
Vanguard, 6 November 2012
Some financial experts have expressed mixed reactions to the advice by the IMF that crude oil price benchmark used for 2013 budget should not be increased above 75 dollars per… Read more »
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Nigeria: Sinopec to Acquire Nigerian Oil Blocks From Total
This Day, 7 November 2012
China Petroleum and Chemical Corporation (Sinopec) has signed a preliminary deal to buy stakes in Nigerian onshore oil blocks from French oil major, Total for about $2.4 billion,… Read more »