IOCS – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 20 Jan 2026 02:53:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png IOCS – InfoStride News https://www.theinfostride.com 32 32 Reps Call for Suspension of International Oil Companies’ Divestments https://www.theinfostride.com/reps-call-for-suspension-of-international-oil-companies-divestments/ https://www.theinfostride.com/reps-call-for-suspension-of-international-oil-companies-divestments/#respond Sat, 10 Jan 2026 20:57:59 +0000 https://www.theinfostride.com/?p=402762 The House of Representatives has urged the Federal Government to temporarily halt the divestment of assets by International Oil Companies (IOCs), including Shell and TotalEnergies, until they meet their environmental and financial obligations. Lawmakers expressed concerns that IOCs exiting Nigeria’s oil sector have not fully addressed issues related to environmental degradation, abandoned assets, and outstanding [...]

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]]> https://www.theinfostride.com/reps-call-for-suspension-of-international-oil-companies-divestments/feed/ 0 Shell Urges Collaboration Between IOCs and Local Firms to Boost Gas Production https://www.theinfostride.com/shell-urges-collaboration-between-iocs-and-local-firms-to-boost-gas-production/ https://www.theinfostride.com/shell-urges-collaboration-between-iocs-and-local-firms-to-boost-gas-production/#respond Thu, 23 Oct 2025 14:52:07 +0000 https://www.theinfostride.com/?p=469829 Shell Petroleum Development Company (SPDC) has emphasized the importance of strong partnerships between International Oil Companies (IOCs) and indigenous energy firms to accelerate Nigeria’s gas production and achieve the nation’s energy transition goals. The company stressed that increased collaboration would enhance investment, technology transfer, and sustainable development in the country’s gas sector. Speaking at the [...]

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]]> https://www.theinfostride.com/shell-urges-collaboration-between-iocs-and-local-firms-to-boost-gas-production/feed/ 0 Senate Committee insists on IOCs clearing their massive NDDC debts, totaling hundreds of billions https://www.theinfostride.com/senate-committee-insists-on-iocs-clearing-their-massive-nddc-debts-totaling-hundreds-of-billions/ https://www.theinfostride.com/senate-committee-insists-on-iocs-clearing-their-massive-nddc-debts-totaling-hundreds-of-billions/#respond Sun, 05 Nov 2023 18:32:29 +0000 https://www.theinfostride.com/?p=359535 The Senate Committee on Niger Delta Development Commission (NDDC), under the leadership of Senator Ned Nwoko, is determined to recover the substantial debt owed to the commission by International Oil Companies (IOCs) operating in Nigeria. This financial obligation runs into hundreds of billions of dollars, and it represents a substantial source of revenue for the [...]

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]]> https://www.theinfostride.com/senate-committee-insists-on-iocs-clearing-their-massive-nddc-debts-totaling-hundreds-of-billions/feed/ 0 Make IOCs to benefit from PIA, PENGASSAN urges FG https://www.theinfostride.com/make-iocs-to-benefit-from-pia-pengassan-urges-fg/ https://www.theinfostride.com/make-iocs-to-benefit-from-pia-pengassan-urges-fg/#respond Sun, 20 Mar 2022 22:39:58 +0000 https://www.theinfostride.com/?p=321009 The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that concerted efforts should be made to persuade and further incentivise the International Oil Companies (IOCs) to remain in the country to benefit from the newly passed Petroleum Industry Act (PIA). However, should they decide to exit after all efforts to ask [...]

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