To Oil the Wheel of Progress…, By Simon Kolawole

I have a story to tell. In the 1970s, three governments set up national oil companies to engage in exploration, production and refining. Nigeria created the Nigerian National Petroleum Corporation (NNPC), Norway set up Statoil, and Malaysia established Petronas. Today, Statoil — now renamed Equinor ASA — and Petronas are among the biggest state-owned oil and gas companies in […]

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