Oil firms count losses as militants worsen woes

Chevron and Eni, two of the global oil majors operating in Nigeria, and their local counterparts such as Seplat and Oando may have been worst hit by the production disruptions occasioned by militant attacks in the Niger Delta, their financial results have shown. Chevron Corporation, the second largest United States-based oil producer, lost $1.47bn in […]

Oil firms count losses as militants worsen woes

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