Nigeria’s Niger Delta continues to be plagued by insurgents and oil spills Nigeria struggles to keep oil majors interested in sustaining their operations in the country The country’s new petroleum bill is no guaranteed recipe for success Nigeria has had to face countless challenges in the past months, ranging from purely oil-related supply disruptions and oil spills to just casual violence making it really hard for oil companies to maintain a solid ESG profile there. In one of the most recent episodes of the latter, a group of forestry specialists contracted by the Italian major ENI were shot as they were working on a mangrove restoration project in Bayelsa state, i.e. whilst trying to remediate the negative environmental impact of oil production. Amidst a new regulatory regime that should nominally improve upstream terms but introduces a bunch of new taxation schemes instead, as well as with exports curtailed by […]