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The Minister for State of Petroleum Resources, Timipre Sylva, has charged the 57 marginal field investors to quickly develop their assets to increase crude oil production.
Sylva gave the charge in Abuja at the formal presentation of Petroleum Prospecting Licences to the operators by the Nigerian Upstream Petroleum Regulatory Commission.
The Minister noted that $2.7 billion was generated from the bid rounds conducted in 2020.
Ecuador’s President, Guillermo Lasso has survived an attempt by opposition lawmakers to remove him from office. According to results read by the Parliament’s Secretary, Alvaro Salazar, the motion garnered only 80 of the 92 votes needed. The opposition-led congress had sought to remove right-wing Lasso over Political crisis and internal commotion caused by protesters.
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