Adapt Or Die: Nigeria’s Oil Industry Faces A Huge Challenge

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…