FG Threatens To Revoke Oil Licences Of Firms Without Exploration Capacity

The Minister of State, Petroleum Resources, Oil, Heineken Lokpobiri, has said that the Federal Government will revoke the licenses of owners of oil blocks who failed to secure investment or undertake exploration activities. According to a statement, the minister decried that out of the 60 licences issued in the recent oil block bidding, only 10...The post FG Threatens To Revoke Oil Licences Of Firms Without Exploration Capacity first appeared on New Telegraph.The post FG Threatens To Revoke Oil Licences Of Firms Without Exploration Capacity appeared first on New Telegraph.

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