International Oil Companies

FG kicks at plans by IOCs to reduce upstream investments

FG kicks at plans by IOCs to reduce upstream investments

By Obas Esiedesa ABUJA—The Federal Government, yesterday, frowned at the decision by International Oil Companies, IOCs, in the country, to reduce or outrightly stop long term investments in the upstream projects in the country. With Nigeria struggling to raise oil production level with growing cases of oil theft, the Minister of State Petroleum Resources, Timipre […]