Tag: Conoil
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Abuja Conoil fire incident: FEMA reads riot act to filling stations
The Federal Capital Territory Emergency Management Agency (FEMA), on Sunday in Abuja vowed to permanently shut down any filling station which flouts the extant regulations on products discharge.
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Oil spill: Delta communities groan over neglect by Conoil
Residents of Amuokpokpor-Elume and its neighboring communities, both in Sapele and Okpe Local Government Areas of Delta, have decried the impact of oil spillage emanating from the facilities of Conoil Nigeria Limited.
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Chevron Sells 40% Stake in OMLs 86, 88 to Conoil
Chevron has reportedly divested its last stake in old oil assets located in Nigeria’s shallow waters; Oil Mining Licenses (OMLs) 86 and 88. The American oil major was said to have finally sold its 40 per cent stake to Conoil Producing Limited. In April, it had been reported that the sale of 40 per cent…
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NSE lifts suspension on trading in Conoil shares
The embargo earlier placed in the trading in the shares of Conoil Plc, an energy firm on the Nigerian Stock Exchange (NSE), has been removed. On Tuesday, the NSE announced the suspension of the company from its trading platform alongside 10 others as a result of their failure to release their financial statements for the…
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Conoil resumes trading as NSE lifts suspension on shares
The suspension earlier placed on the trading of Conoil shares at the stock market has now been lifted by the Nigerian Stock Exchange (NSE). This was confirmed via a statement issued by the management of the stock exchange on Wednesday morning. Authorities of the NSE had on Monday, August 6, 2018, banned trading of shares…