The French government has said that it has set aside about one billion Euros to be invested in the Nigeria oil and gas industry, stating that Nigeria remains her first economic trading partner in Africa. France Ambassador to Nigeria, His Excellency, Denys Gauer, declared this when the Group General Manager, Group Public Affairs Division (GPAD)…
Ondo State government has assured oil companies of the safety of their investments in the oil-rich communities of the state. Governor Rotimi Akeredolu gave the assurance during the commissioning of a mobile X- ray machine donated to the General Hospital, lgbokoda by Chevron Nigeria Limited CNL/NNPC JV. Speaking through his Senior Special Assistant on Oil…
Investment in the oil and gas industry will see a tentative recovery in 2017 after an “unprecedented contraction” in 2016 and 2015 in face of stubbornly low energy prices, the International Energy Agency said in a report on Tuesday. The IEA said upstream oil and gas investment — such as in exploration and production facilities…
