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NNPC's local content arm is trying to keep the oil sector profitable by imposing severe cuts in international companies' expenditure, to the detriment of their Nigerian partners. [...]
The meeting was supposed to take place in February. A team from the Nigerian petroleum regulation authority Napims was to [...]
Eight months after taking over the helm of NNPC, Kyari has ejected several directors that had joined the firm while his predecessor Maikanti Baru was still pulling the strings. [...]
Musa Lawan, the new managing director of Napims, the entity in charge of enforcing the country's local content legislation, has [...]
American superpower ExxonMobil is trying to keep a tight lid [...]
As we revealed, over the past few months ExxonMobil has quietly been testing the waters with Nigerian firms to see if they could be interested in several Niger Delta assets it would like to sell. [...]
The retired head of the NNPC covets the top seat at the ministry of petroleum resources while the president's office has given him free rein to remodel his former employer to his liking. [...]
Just three weeks into his second mandate, Muhammadu Buhari has chosen to replace eight of the most influential members of [...]
The American supermajor wants to pare back to its core developments, letting local companies take over any small discoveries. [...]
ExxonMobil's arrival in Angola's Namibe Basin is the latest step in the American major's bold decision to take increasingly risky bets in offshore African projects. With no plans to let go of its Nigerian and Angolan assets, the supermajor is [. [...]
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