What do you expect? Even our president don turn to mtn everywhere i go

wesley80:

Shut up foool.

But come to think of it, u are d greatest fool here cuz d guy has just said d truth

tommykiwi:
Good or bad news for Nigeria?

good news

Okay, they have tried, for almost sixty years.

PLEASE, the SEC and NNPC must ensure that the company's assets are not acquired by Oando. Wale Tinubu has consistently showed that he lacks capacity to manage multibillion dollar acquisitions which puts that company in severe debts to be acquired by AMCON which takes a toll on money meant for development.

iamJ:
Google aramco


It's a nationally owned oil company


Stop depending on whites


It's 2019 not 1929


All these companies were taking our money elsewhere


Better they left self

Pls be sincere for once, where is Nigeria taking their oil to refine?

Why can't Nigeria refine her oil here, let's call a spade a spade. Buhari promised us hardship, he's started delivering.

AK481:
Job loss direct and indirect in chevron loading .


Your multinational company cannot continue to leave , how many have u attracted to replace those that have left?

The last time it was a number of company delisted from Nigerian stock exchange , now this !

How is it job loss?

They are divesting, meaning their stake will be sold to another willing oil and gas firm. Assets usually are sold off with staffs and all

sassysure:
This got to be a joke
(Saw it on Sahara reporters too)
Na so naija go take die?

If chevron is leaving, one of the major oil companies in Nigeria, pls tell me, who again will remain?
Shell?

It is finished.
See what bad govt has caused one of the best countries in the world?

All u ethnic and religious zealots, hope u are happy now?

Its for the best, let indigenous companies spring up and take over. These guys have been taking our money overseas.

ULSHERLAN:


How is it job loss?

They are divesting, meaning their stake will be sold to another willing oil and gas firm. Assets usually are sold off with staffs and all

And the new company don’t have their already existing managers abi?

They will operate with 2 md,2 svp, and also pay chevron staff the same salary abi?

sassysure:
This got to be a joke
(Saw it on Sahara reporters too)
Na so naija go take die?

If chevron is leaving, one of the major oil companies in Nigeria, pls tell me, who again will remain?
Shell?

It Is finished.
See what bad govt has caused one of the best countries in the world?

All u ethnic and religious zealots, hope u are happy now?

Wait fess....Una never see anything lol

iamJ:
Google aramco


It's a nationally owned oil company


Stop depending on whites


It's 2019 not 1929


All these companies were taking our money elsewhere


Better they left self

Unfortunately you are not seeing the bigger picture...the crude oil market is going down and it's shale, renewables and electric energy


Why don't you make yourself a player in these field


Oil would go like coal ..ask

iamJ:
Google aramco


It's a nationally owned oil company


Stop depending on whites


It's 2019 not 1929


All these companies were taking our money elsewhere


Better they left self

Aramco is to Saudi Arabia what NNPC is to Nigeria.

Today, Aramco is rumoured to be the most valuable company in the world and where’s your NNPC.

Private investment is good for every country...don’t use the inferiority complex of the black man as an excuse.

We are our own problem.

Buhari will give their oil block to the Russians. Chevron is owing Nigeria a big percentage of the $61bn the oil majors are owing Nigeria and they got to pay before they leave.
Of you think it is Buhari 's policies chasing away a rapacious, cheating and selfish global company that cheated Nigeria during tue era of the most cluelessly corrupt govt in.Nigeria then it is inferiority complex worrying you

iamJ:
Google aramco


It's a nationally owned oil company


Stop depending on whites


It's 2019 not 1929


All these companies were taking our money elsewhere


Better they left self

I understand you take, but any foreign company that decides to leave a country must not be making huge profit. Something must be wrong. No company anywhere in the world will leave a honey pot

Racoon:

When Nigeria is still exporting crude oil for refining outside this nation? When our refineries are not functioning in optimal capacity even with the billions allocated every now & then for Turn Around Maintenance(TAM)?

it's a good news for Nigerians, let DANGOTE refinery take over from them.

Jimi24:
Buhari will give their oil block to the Russians. Chevron is owing Nigeria a big percentage of the $61bn the oil majors are owing Nigeria and they got to pay before they leave.
Of you think it is Buhari 's policies chasing away a rapacious, cheating and selfish global company that cheated Nigeria during tue era of the most cluelessly corrupt govt in.Nigeria then it is inferiority complex worrying you

What Is this Mumu saying sef...

If these guys are truly leaving,then this is Bad news.really bad news.

What about the workers,their dependants and the numerous students chevron placed on scholarship?

Kingray10:
It's a good new. But the side effect is worst. Think of those working with the company.

Oga there Is nothing good about the News. One Id.iot saying up there, "For those who know Economics" Which Stu.pid Economics? Like the sales or take over of the refinery by our own very Wicked Anim.als will benefit the common man on the street. Even I'm very sure they won't be able to sustain the Package Salary of Chevron Spiiits..

ScotMisile:
This, being good news is not the issue, But Nigeria's notoriously corrupt system will infiltrate into this sector and yes it will come crumbing down just like the Nigerian system.

Thank You, You are the only reasonable human here so far who has said something sensible. Besides I don't see anything good about the News. We already know how It will end!!!

Instead of calling him a fool prove to us with statistics that buhari made the Nigerian economy better since taking over in 2015

wesley80:

Shut up foool.

apiski:

Exactly.


Just like the good news of independence has cost us almost 60 years of backwardness.

Lol Savagery....Are u minding the FooOOo...ooL

Areaboy2:


That's a short-sighted analysis.. What has nnpc done? Since its inception? We can't even manage a simple refinery and you're here saying whites should go. If not for them, I put it to you that we can't even mine our own oil..

God bless u.....Thank God we still have Few Human Beings with their brain working In good Condition In this HellHole. Unlike the Tampered Disconnected Unstable Medullas we have up there.

iamJ:
Google aramco


It's a nationally owned oil company


Stop depending on whites


It's 2019 not 1929



All these companies were taking our money elsewhere


Better they left self

Can you compare when those foreign nationals were around to when Nigerians started owning oil companies? Can you compare buying buying fuel from Mobil and one owned by an individual? My brother even developed countries ve foreign businesses in their countries not to talk of we dat re ready to cheat ourselves die. We don’t just say things without any iota of reasoning

Charmingrascal:
For those who are truly educated and know economics and know what we stand to gain as a country




























This is a good news

If you think it’s a good news why den re we shouting foreign investors? Wat is the use of travelling around d world to work investors

sassysure:
This got to be a joke
(Saw it on Sahara reporters too)
Na so naija go take die?

If chevron is leaving, one of the major oil companies in Nigeria, pls tell me, who again will remain?
Shell?

It is finished.
See what bad govt has caused one of the best countries in the world?

All u ethnic and religious zealots, hope u are happy now?

Wow!!

Ignorance is such a big disease.

sassysure:
This got to be a joke
(Saw it on Sahara reporters too)
Na so naija go take die?

If chevron is leaving, one of the major oil companies in Nigeria, pls tell me, who again will remain?
Shell?

It is finished.
See what bad govt has caused one of the best countries in the world?

All u ethnic and religious zealots, hope u are happy now?

HMMMMMMM

YOU ARE A COMPLETE SLAVE
YOU WERE JUST NOT BORN DURING THE SLAVE ERA YOU FOR JUST SUBMIT YOURSELF TO SLAVE RAIDERS.
DUDE THE INVESTMENT IS OWNED BY NIGERIA 60%
SO MANY FACTORS ARE CHASING THESE GUYS AWAY.
1.THE PETROLEUM BILL
2. LOCAL CONTENT INITIATIVE
3. CORRECT METERING OF CRUDE PUMPS.
4. NO MORE WURU WURU LIKE BEFORE EVERY BODY EYE DON OPEN
5. OVERBEARING COMMUNITY ISSUES.
FREE YOURSELF ANOTHER NIGERIAN COMPANY WILL BUY THEIR SHARES PERIOD
LIFE GOES ON

Toseenlove:


God bless u.....Thank God we still have Few Human Beings with their brain working In good Condition In this HellHole. Unlike the Tampered Disconnected Unstable Medullas we have up there.

HMMMMMMM

OGA REFINING IS DIFFERENT FROM PRODUCTION AND EXPLORATION.
PLEASE ARGUE ABOUT WHAT YOU KNOW.
THIS IS NOT A TOPIC FOR THE BAR

Charmingrascal:
For those who are truly educated and know economics and know what we stand to gain as a country

This is a good news

Yenyenyenyen truly educated my ass. Please say what you know.

NNPC has a 60/40 sharing formula with every single oil company operating in Nigeria. It's called a JV for that reason. So for every dollar Chevron makes, NNPC takes 60 cents our of it. The real question is: what happens to that 60 cents? Can Nigeria account for that money? How many jobs are realistically given on merit at NNPC? what is the state of the refineries operated by NNPC? Has NNPC developed enough to independently manage and operate the oil fields? These are begging questions.

Chevron has a merit-based recruitment procedure for the most part (even though man know man still operates in small pockets). Chevron is accountable, at least to the US government and their shareholders. One of the best-managed businesses is about to leave the country, leaving a large trail of stranded employees, with no national company big enough to take them in and someone is typing rubbish from their ass about Nigeria benefiting.

Here's what might happen - Chevron will sell offshore and onshore assets to the highest bidder. I won't be surprised if NNPC buys some of it and then mismanages it like all other national assets. Or even sell it to another single highest bidder like Otedola or Dangote the same way theý broke NEPA into 11 DISCOS and one person bought 7 of them.

Nigeria is in trouble, the signs aren't good.

Who was that pastor that prophesied that Las Las Nigeria will drink their crude oil..

Ruggedniggaone:
see what APC government has caused Nigeria may not recover from the mess APC is creating till it will break up

A lot of people will loss there jobs... while some do not even have jobs yet

sassysure:
This got to be a joke
(Saw it on Sahara reporters too)
Na so naija go take die?

If chevron is leaving, one of the major oil companies in Nigeria, pls tell me, who again will remain?
Shell?

It is finished.
See what bad govt has caused one of the best countries in the world?

All u ethnic and religious zealots, hope u are happy now?

Don't be fooled ...
Most of these thieves companies are leaving because it is not business as usual for them anymore ( illegal gains)
They've been spoilt for so long, it's hard for them to accept to do things the right way .

iamJ:
Google aramco


It's a nationally owned oil company


Stop depending on whites


It's 2019 not 1929


All these companies were taking our money elsewhere


Better they left self

You guys just speak without brains trust me! How many of these companies acquired and run by Nigerians are doing well.

Is NNPC/ NPDC doing well?? You're talking ARAMCO which is run by 80% foreign exparts. You guys are really lame in that country. Dish out unverified informations and no one cares to draw attention when necessary.

Let it be known to you guys out there once foreigners leave that country as it's happening already know that it's a Dead end.

Look at the service companies run by foreign expatriates b4 now as soon as Nigerians took over what happened

This greed, wickedness, ethnicity, religious bigotry just name it...

Let Buhari rule and rule again. Nonsense

Montracine:
Chevron Quitting Nigeria To Focus On Shale Back Home


Sources said that it has started discussing with buyers to sell some of its onshore and near offshore assets in Nigeria.

Chevron is divesting itself from oil fields in Nigeria for the shale fields in New Mexico and Texas.

Sources told Reuters that it has started discussing with buyers to sell some of its onshore and near offshore assets in Nigeria.
Information on the firm’s website shows that it has a 40 per cent stake in eight offshore oil blocks with the Nigeria National Petroleum Corporation, which holds a 60 per cent stake in the fields.

The company, which is Nigeria’s third largest oil producer, was delivering 194,000 barrels per day, 233m cubic fit of natural gas daily and 6,000 barrels of liquefied petroleum gas as at 2018.
Chevron will not do tenders for any of the assets it intends to sell.

Reuters reports that the company joins Royal Dutch Shell and Exon Mobil in divesting itself of fossil fuel assets in the country.

http://saharareporters.com/2019/10/29/chevron-quitting-nigeria-focus-shale-back-home?fbclid=IwAR0xRzKcRZ6DfG5xhqSUsoc_F_pCHprUkh3f5WsG6ZIfr8ST7lxH-Ik7juk

Chevron get brain they decided to leave the exhausted oil for Nigeria there is no More oil in naija