By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday inched up 0.03 percent to close positive, according to Cordros daily market update. The update says the all-share index (ASI) closed at 23,834.87 basis points while market capitalisation grew by N2.79 billion to N8.20 trillion, consequently reducing the […]
Tag: Chevron
Chevron finally hands over producing assets to Seplat
January 29. 2016/TheCable Chevron Nigeria Limited has formally handed over the producing assets in OMLs 53 and 55 to Seplat Petroleum Development Company Plc following a supreme court judgement. Officials of Seplat and Belemaoil Producing Limited (Belemaoil) attended the handover ceremony which took place at the Lagos headquarters of Chevron […]
Nigeria warns oil block buyers could lose operating rights
* Chevron selling five onshore oil blocks * NNPC warns buyers may not get right to operate them Nigeria’s state oil company warned investors interested in three shallow water oil blocks offered for sale by Chevron that buyers may lose the right to operate them. U.S.-based Chevron is selling minority […]
