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Nairaland Forum / Nairaland / General / Business / Chevron To Leave Nigeria To Focus On Shale Back Home (51174 Views)
Exxonmobil, Shell, Chevron To Withdraw $3bn Suits Against NNPC / Chevron To Leave Nigeria / Chevron Quitting Nigeria To Focus On Shale Back Home (2) (3) (4)
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Chevron To Leave Nigeria To Focus On Shale Back Home by Montracine: 6:55pm 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 10 Likes 1 Share
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Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Nobody: 7:02pm On Oct 29, 2019 |
This got to be a joke (Saw it on Sahara reporters too) Na so naija go take die? If chevron is leaving, one of the major oil companies in Nigeria, pls tell me, who again will remain? Shell? It is finished. See what bad govt has caused one of the best countries in the world? All u ethnic and religious zealots, hope u are happy now? 323 Likes 24 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by iamJ(m): 7:06pm On Oct 29, 2019 |
sassysure:Google aramco It's a nationally owned oil company Stop depending on whites It's 2019 not 1929 All these companies were taking our money elsewhere Better they left self 365 Likes 24 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Charmingrascal(m): 7:23pm On Oct 29, 2019 |
For those who are truly educated and know economics and know what we stand to gain as a country This is a good news 174 Likes 11 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by okosodo: 7:31pm On Oct 29, 2019 |
Buharis body odour is working wonders 47 Likes 3 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Johnnyessence(m): 7:39pm On Oct 29, 2019 |
Montracine:buhari destroyed foreign sectors in Nigeria. 18 Likes 2 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Racoon(m): 7:40pm On Oct 29, 2019 |
A major oil explorer and drilling company of Chevron is leaving Nigeria? The time for Nigeria to look inward has come. 30 Likes 1 Share |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Racoon(m): 7:44pm On Oct 29, 2019 |
Charmingrascal:When Nigeria is still exporting crude oil for refining outside this nation? When our refineries are not functioning in optimal capacity even with the billions allocated every now & then for Turn Around Maintenance(TAM)? 56 Likes 1 Share |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by GuyWise(m): 10:06pm On Oct 29, 2019 |
Buhari has single handedly destroyed the remaining of the shit-hole with his illogical reasoning and cow-like mentality. How zombies expected an illiterate to turn the country to paradise is the highest foolish reasoning of all time. Nigeria is doomed. 30 Likes 7 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by 1shortblackboy: 10:31pm On Oct 29, 2019 |
Hian! U say wetin 3 Likes 1 Share
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Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Riele(f): 10:32pm On Oct 29, 2019 |
Oh No. 1 Like |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Flets: 10:32pm On Oct 29, 2019 |
Others to leave soon. |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by tommykiwi(m): 10:32pm On Oct 29, 2019 |
Good or bad news for Nigeria? |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by weslay: 10:32pm On Oct 29, 2019 |
Chevron is pulling out because it is no longer in their best interest to operate in Nigeria. Do we have Nigerian firms that can sufficiently take over their operations? For a country that still rely on other countries to fix it's roads, I doubt. Our leaders need to realize that oil will not be here forever. They need to wake up and take adequate actions because the socioeconomic crisis in Venezuela will be child's play when our wells run dry. 83 Likes 4 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by careytommy37(m): 10:32pm On Oct 29, 2019 |
Good. They should hurry up and get out 12 Likes |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by AK481(m): 10:32pm On Oct 29, 2019 |
Job loss direct and indirect in chevron loading . Your multinational company cannot continue to leave , how many have u attracted to replace those that have left? The last time it was a number of company delisted from Nigerian stock exchange , now this ! 16 Likes 1 Share |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Ruggedniggaone: 10:33pm On Oct 29, 2019 |
see what APC government has caused Nigeria may not recover from the mess APC is creating till it will break up 13 Likes 2 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by rentAcock(m): 10:33pm On Oct 29, 2019 |
This is the beginning of the end for Nigeria. Shale is far more abundant and cheaper to extract. After destroying our land and poisoning our ecosystem, they now want to pull out. 15 Likes |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Sylverly(m): 10:33pm On Oct 29, 2019 |
Let them pay Agbami beneficiaries first..lol 8 Likes 3 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Nobody: 10:33pm On Oct 29, 2019 |
all those militants for creek wont be seeeing oyibo to kidnap again..so sad...maybe na albino dem go focus on this time. 21 Likes 2 Shares |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Passionate888: 10:33pm On Oct 29, 2019 |
Buhari o... This is Deja'vu 2 Likes |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by wesley80(m): 10:33pm On Oct 29, 2019 |
GuyWise:. 19 Likes |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by PureGoldh(m): 10:34pm On Oct 29, 2019 |
Dx country don tire some people foreign investors just dey leave anyhow. Las Las we go dey alright sha. If you need Pure Original Natural Honey.. Call or whatsapp me on the number attached to my signature below 0_8_1_0_1_66_77_1 |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by realstars: 10:34pm On Oct 29, 2019 |
I dont need them, i want naija made 9 Likes |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by DTeekay(m): 10:34pm On Oct 29, 2019 |
Let them leave, we have indigenous companies that will take over. Eg Belema Oil. sassysure: 2 Likes 1 Share |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Godw1n(m): 10:34pm On Oct 29, 2019 |
Nigeria was a country thanks to buhari it became a zoo 13 Likes 2 Shares
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Re: Chevron To Leave Nigeria To Focus On Shale Back Home by spinna: 10:35pm On Oct 29, 2019 |
Sign of things to come...until oil dries up or becomes unprofitable and we are left with nothing to show except foreign and local assets corruptly gotten by those in power. Time is getting short for Naija youths to have their lives bettered by the oil God gave Nigeria 18 Likes 1 Share |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by meeky007(m): 10:35pm On Oct 29, 2019 |
Charmingrascal:Good news to the buyer not for the country as a whole 5 Likes |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by ScotMisile: 10:35pm On Oct 29, 2019 |
Charmingrascal: That's if it will get to the man in the streets. 1 Like |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by porshnuel: 10:35pm On Oct 29, 2019 |
spinna: |
Re: Chevron To Leave Nigeria To Focus On Shale Back Home by Nobody: 10:35pm On Oct 29, 2019 |
weslay: dude nigerian companies are there drilling oil like foreign companies difference is Nigerian companies pay shit compare to foreign companies 9 Likes |
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