Australian major oil producer targets net-zero emissions
A major Australian independent oil and gas producer Santos has revealed its plans to hit net-zero emissions by 2040.
According to reports, the new reduction targets set by the…
Shell records least spill incidents in October – Data
The Shell Petroleum Development Company of Nigeria, SPDC, witnessed only four oil spill incidents in the month of October 2020, as a result of oil theft and sabotage; the least this year.
NPDC, JV get alternative funding for operations – Kyari
The Nigerian National Petroleum Corporation, NNPC, says it has secured a number of alternative funding facilities for the Nigerian Petroleum Development Company Ltd, NPDC – the NNPC upstream arm – and some of its Joint Ventures to facilitate the development of some of its assets.
One million vehicles to run on autogas by 2021 – FG
The Federal Government said at least one million vehicles across the country, would be converted to run on autogas before the end of 2021, as President Muhammadu Buhari (retd.), will roll out the National Gas Expansion Programme on Tuesday.
Sanwo-Olu, Sylva optimistic about Techno Oil’s 8,400MT LPG terminal
The Governor of Lagos State, Mr Babajide Sanwo-olu and the Minister of State for Petroleum Resources, Chief Timipre Sylva have expressed optimism about the newly-inaugurated 8,400 metric tonnes Liquefied Petroleum Gas (LPG) terminal built by Techno Oil Limited in Lagos State.
Reps laud NNPC’s first budget presentation in 43 years
The House of Representatives has commended the Nigerian National Petroleum Corporation for presenting its budget for the first time to the National Assembly.
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Stock Watch
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Nigeria
NNPC planning to generate N11tn revenue in 2021
As the Nigerian National Petroleum Corporation projects an increase in oil and gas output sales between 2021 and…
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International
OPEC to continue talks on production cuts
“Oil market stability in the interest of producers, consumers and the global economy” is what the…
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Downstream
Buhari to commission 5,000bpd Imo refinery today
President Muhammadu Buhari is set to commission the 5,000 barrels per day Waltersmith Modular…
Midstream
Nigeria, Niger sign MOU on fuel transportation,…
The Federal Government has signed a Memorandum of Understanding (MoU) with the Republic of Niger for…
Upstream
ExxonMobil abandons sale of Australia’s oil, gas…
Following an alleged lack of attractive bids that trailed ExxonMobil’s sale offer of its oil and gas…
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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…
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