GREEN TECHNOLOGY AND PERFORMANCE OF MULTINATIONAL OIL CORPORATIONS IN SOUTH-SOUTH, NIGERIA.

The study investigated green technology and performance of multinational oil corporations in South-South, Nigeria. The specific objectives are to determine the effect of energy efficiency technology on the financial sustainability, assess the effect of green technology competencies on corporate social responsibility of multinational oil corporations in South-South. The research design used in the study was a survey design. The researcher adopted mainly primary sources of data. The total population was seventy-nine thousand seven hundred and sixty-five (79,765) respondents from the selected six states in South-South, Nigeria. A total of five hundred and ninety five (595) copies of questionnaire was administered to the selected Multinational Oil Corporations in South-South, Nigeria, during the collection of the administered questionnaire, eight one (81) copies questionnaires were wrongly filled, misplaced, void and discarded with a percentage rate of 13.6%, while the questionnaire recovered is 514 with a percentage ratio of 86.4% that aided the study. The sample size was 595 staff derived from Godden formula (2004). Simple regression analysis and Pearson correlation coefficient was used to test the relationships between dependent and independent variables of the study. The findings of the study stated that there is a positive effect between energy efficiency technology on the financial sustainability of multinational oil corporations in South-South. There is a positive effect between green technology competencies on corporate social responsibility of multinational oil corporations in South-South. The study concluded that if companies adopt green technology it will help in overcoming the technological challenges of emitting Co2 in the atmosphere and waste pollution that leads environment degradation, this will aid to achieving a proper balance of higher organizational performance and gaining competitive advantage. The study recommended that firms should regularly reduce reliance on fossil fuels for company operations and promote energy efficiency initiatives, also investing in green technologies demonstrates responsible corporate behavior and strengthens public trust