Nestoil, receiver spar over the Supreme Court’s ruling
Nestoil also stated that any declaration that the receiver/manager is free to exercise unrestrained power over the company and Neconde ...
Tag: Neconde Energy
Supreme Court annuls order freezing Nestoil, Neconde assets
A five-member panel of the court on Monday in Abuja ruled that the appeal court exceeded the limits of its ...
Court grants order blocking EFCC from investigating firm linked to Nestoil Group
Jones Creek Hydrocarbon is the technical operator of the Oil and Lease (OML) 42, a joint venture by the Nestoil ...
Receiver Manager says Nestoil Limited & Neconde Energy remain under receivership
Receiver Manager says all enquiries or requests for clarification or further information about Nestoil may be directed to him.
Court vacates order freezing Nestoil’s assets
Justice D.E. Osiagor ruled that “there is no longer a subsisting ex parte order having spent 14 days of the ...
Standoff at Nestoil headquarters as owners, receiver manager clash
Despite the court vacating the Mareva order, receiver/manager Sulu-Gambari says his mandate in Nestoil remains intact and unaffected.
EXPLAINER: What it takes to get a Marginal Oil and Gas Field in Nigeria
Nigeria’s marginal fields licensing rounds have been the cornerstone of Nigeria’s upstream local content development strategy since the early 2000s ...
Reps threaten to issue arrest warrant on MDs of 10 oil firms
The committee says it would not allow the illegality to linger.
