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Gulf Oil Company of Nigeria which became later known as Chevron obtained oil acreage license in 1961. It is noteworthy for being the first oil major to discover commercially viable offshore oil with its discovery of the large Okan field, at Escravos River in 1963. [1] The field had an estimated 2 billion barrel of oil in place and up to 800 ...
Drilling and Killing: Chevron and Nigeria's Oil Dictatorship is an audio documentary produced by Amy Goodman and Jeremy Scahill, mixed and engineered by Dred Scott Keyes.The piece was first aired in 1998 on Democracy Now!
The Nigerian unit of oil major Chevron <CVX.N> plans to cut its local workforce by 25% to reduce costs, it said on Saturday, due to weak demand for oil in the wake of the coronavirus pandemic.
Chevron Corp. Bowoto v. Chevron Corp. was a lawsuit against Chevron Nigeria Ltd., a subsidiary of Chevron USA, which went to trial in 2008 in the United States District Court for the Northern District of California. The plaintiffs, Nigerian citizens who had been injured during or who had survived human rights violations perpetrated by Nigerian ...
Dangote Refinery. The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 [1] in Lekki, Nigeria. When fully operational, it is expected to have the capacity to process about 650,000 barrels of crude oil per day, making it the largest single-train refinery in the world.
Petroleum industry in Nigeria. Nigeria is the second largest oil and gas producer in Africa (after Angola). [1] Crude oil from the Niger Delta basin comes in two types: light, and comparatively heavy – the lighter has around 36 of API gravity while the heavier has 20–25 of API gravity.
Chevron said Monday that its Permian Basin production hit record levels, helping the oil major's quarterly profit come in at $3.08 per share, well above Wall Street expectations of $2.91.
Ondo, 9. Rivers. The current conflict in the Niger Delta first arose in the early 1990s over tensions between foreign oil corporations and a number of the Niger Delta 's minority ethnic groups who feel they are being exploited, particularly the Ogoni and the Ijaw. Ethnic and political unrest continued throughout the 1990s despite the return to ...