Vietnam to rely heavily on Nigeria, others for crude
Vietnam has been witnessing a decline in its crude production due to natural ageing fields and is now poised to venture into Africa to secure a regular dose of crude.
OPEC charges Nigeria, others to maintain output deal
Members of the Organisation of the Petroleum Exporting Countries have been charged to remain disciplined with their production to ensure full oil price recovery as the global economy continues to rebound from the COVID-19 pandemic.
Noble Energy achieves first gas from Alen Gas Project
Noble Energy, a US-based firm has announced the first gas flow from the Alen Gas Monetization Project located offshore Equatorial Guinea.
Chevron launches fund for low-carbon technology
Chevron said it had launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackle climate change.
This comes as major energy firms have set targets to reduce greenhouse gas emissions or are exploring investments in renewable energy and green technology…
Seplat’s gas business to drive Nigeria’s development – MD
Seplat has described its gas business as a strong catalyst for sustainable development in Nigeria.
According to the company. this drive is a revolution, indicating that the direction is laudable and highly rewarding to Nigerians and the economy at large.
Nigeria to sell crude in Naira to Dangote Refinery
As part of measures adopted to strengthen the currency and by extension the nation’s economy, the Federal Government has concluded plans to sell crude oil to the $15 billion Dangote Refinery in Naira.
Inspecting the ongoing construction of the Dangote Refinery, Petrochemicals Complex Fertiliser Plant, and Subsea Gas Pipeline project at Ibeju…
Newsletter
Stock Watch
- Advertisement -
- Advertisement -
Nigeria
Shell moves to improve Nigeria’s domestic gas plan
The Shell Petroleum Development Company of Nigeria Limited is making moves to increase economic activities for…
- Advertisement -
International
South Africa’s petrol price to rise in March
South Africa's Department of Mineral Resources (DMRE) has said the price of petrol is set to…
- Advertisement -
Downstream
UK energy suppliers fined £10.4m for overcharging…
The Office of Gas and Electricity Markets, Ofgem, yesterday charged 18 energy suppliers, including…
Midstream
Texas governor bans natural gas exports
The exports of natural gas have been banned by Texas Governor Greg Abbott until the normal power…
Upstream
ConocoPhillips, Petronas Carigali awarded block…
Petronas has awarded Block SB405, offshore Sabah, to ConocoPhillips East Malaysia (COPEM), a unit of…
- Advertisement -
Oil Tips
11 Interesting Facts About Saudi Aramco
Apart from the fact that Saudi Aramco is the world’s biggest oil firm, what other interesting facts do you know…
- Advertisement -