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Divestments

Olu Verheijen’s flawed investment appraisal

Sopuruchi Onwuka The calculation by the Special Adviser to the President on Energy, Olu Verheijen, that the Nigerian energy industry attracted impressive $6.7 billion investments in 2024 has found players in the industry looking around in surprise. In presenting the…

Divestments: ‘No, we’re not leaving onshore,’ IOCs tell Nigeria

Sopuruchi Onwuka Despite the prevailing rave about the exit of foreign multinational companies from joint venture operations with the Nigerian National Petroleum Company (NNPC) Limited, TotalEnergies and Chevron still have a longer outlook for portfolios located onshore Niger Delta. Shell…