Business
Chevron reacts to rumoured planned exit from Nigeria
Chevron Nigeria Limited (CNL), has said that it is not planning to exit Nigeria under any circumstance.
CNL is the operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL.
In a statement, General Manager, Policy, Government and Public Affairs of Chevron, Esomaje Brikinn, said the company was aware of a misleading media report alleging that it plans to exit the country.
READ ALSO: NNPC-Chevron Joint Venture donates boats, fishing gears to Ondo riverine communities
“Please note that the allegation is untrue and does not represent the position of Chevron in Nigeria.
“CNL remains committed to sustaining the existing mutually beneficial and long-term relationship with Nigeria and other stakeholders as demonstrated by our significant economic and social investments in Nigeria over the last six decades. These investments have generated visible and viable socio-economic development in several communities across Nigeria.
“CNL will, along with industry peers in Nigeria, continue to engage the government on policies and opportunities to ensure global competitiveness and sustainability of the petroleum industry,” the statement said.
-
Football3 days agoAfrica breaks World Cup record with seven teams in knockout stage
-
Latest6 days agoAlleged xenophobic attack claims life of Malawian street vendor in South Africa
-
Football4 days agoNetherlands to face Morocco, Brazil draw Japan in 2026 World Cup round of 32
-
Comments and Issues5 days agoNorway’s Rowing Celebration Captures The Spirit Of The World Cup
-
Energy5 days agoLeaked court documents allege Shell ignored pipeline safety warnings in Niger Delta
-
Energy1 week agoGlobal oil prices fall after U.S.–Iran talks
-
Latest1 week agoTroops close in on forest hideout as search continues for abducted Oyo schoolchildren
-
Aviation7 days agoHeading through the storm: Multiple taxes, complex leasing drag on Nigerian carriers