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Local Firms Boost Nigeria's Oil Output by 200,000 bpd, Lokpobiri Cites Reforms - Arise News

  • Bias Rating
  • Reliability

    40% ReliableAverage

  • Policy Leaning

    -24% Somewhat Left

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

21% Positive

  •   Liberal
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Bias Meter

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Bias Meter

Contributing sentiments towards policy:

47% : Amid recent divestments by International Oil Companies (IOCs), the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that the takeover of some assets by indigenous firms has led to the addition of 200,000 bpd to the nation's crude output.
45% : We have been able to do this because we are focused on things that lenders are focused on - asset diversification, steady production, strong financials, low leverage, focus on tax efficiencies, strong leadership," Adaralegbe explained.
44% : " On the company's key credit highlights, the Seplat Energy CFO listed: Balanced assets with substantial production; portfolio diversification through gas business; uniquely positioned to capture future growth; strong financials and well-tested risk management; well managed liquidity; focus on tax efficiencies; experienced management and strong governance; and leading indigenous and ESG-focused operator.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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