Minister Assures Oil Companies Not Exiting Nigeria Amid Divestment Shift

Nigeria’s Minister of Petroleum Resources, Heineken Lokpobiri, reassures that international oil companies (IOCs) like Shell, ExxonMobil, and Eni are not leaving Nigeria, despite ongoing divestment deals. Speaking at the African Energy Week in Cape Town, South Africa, Lokpobiri clarifies that divestment is part of a strategic shift, with these companies moving towards offshore operations, not … Continue reading Minister Assures Oil Companies Not Exiting Nigeria Amid Divestment Shift