Royal Dutch Shell Plc, operator of Nigeria’s largest oil fields, plans to boost its natural-gas production in the country as it starts a new facility and cuts flaring, or the burning of the fuel at fields.

International oil companies in Nigeria, IOCs, have been accused of refusing local insurance companies the opportunity to cover their risks under the guise that the local underwriters don’t have international credit ratings.

The Chief Executive Officer of Techno Oil Limited, Mrs. Nkechi Obi, has been conferred with the Member of the Order of the Niger, MON, for her meritorious and selfless services to the nation.

The Federal Government has urged operators in the nation’s extractive industries to operate in a professional manner that will ensure the sustainability of the environment and help create opportunities for wealth creation for millions of Nigerians.

Nigeria needs to establish a Refinery and Petrochemical Plant Development Commission (RPPDC) to increase its GDP, deregulate the downstream sector of its oil and gas industry and remove fuel subsidy to avoid bankruptcy and anarchy.