Residents and fishermen in Koluama II community, Southern Ijaw Local Government Area of Rivers State of Bayelsa State have raised the alarm of the use of toxic dispersants to contain ongoing oil spills at an oilfield operated by Conoil Producing…
By Philemon Adedeji The Nigerian equities market on the Nigerian Exchange Limited (NGX), which closed week on Friday on positive performance, still turned green for the opening of this week on Monday as Conoil, Pharmadeko, and 17 others drives market…
A crude production flow station operated by Conoil Production at Ango field in Koluama, Southern Ijaw Local Government Area of Bayelsa, has been shut by the host community. It was reported that the oil workers at the onshore facility connecting…
By Kayode Tokede Conoil Plc has reported 23 per cent decline in profit, as disclosed in its unaudited financial statements for full year ended December 31, 2020. The petroleum marketing company in its results to the Nigerian Stock exchange (NSE)…
Conoil Producing, the Nigerian E&P independent owned by the billionaire Mike Adenuga, has paid a deposit for its purchase of the 40% equity held by Chevron Corp. in Oil Mining Leases (OMLs) 86 and 88. Conoil won the drawn out…
