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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…

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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…

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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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