Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,196 members, 7,953,717 topics. Date: Friday, 20 September 2024 at 12:33 AM |
Nairaland Forum / Nairaland / General / Business / Chevron Quitting Nigeria To Focus On Shale Back Home (593 Views)
Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? / Nigeria To Benefit From Oil Price Increase As Output From US Shale Drops / Chevron To Leave Nigeria To Focus On Shale Back Home (2) (3) (4)
(1) (Reply)
Chevron Quitting Nigeria To Focus On Shale Back Home by Montracine: 7:07pm On Oct 29, 2019 |
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 |
Re: Chevron Quitting Nigeria To Focus On Shale Back Home by nauto15: 12:02pm On Oct 31, 2019 |
Let me mind my own business |
(1) (Reply)
How To Raise Capital To Fund Personal And Business Projects / How To Access Opay Loans In 3 Easy Steps / .
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |