Category: Energy

NNPCL Pays N123b Interim Dividend To FAAC
July 22, 2023 No Responses

NNPCL Pays N123b Interim Dividend To FAAC

As part of measures to consolidate its post Petroleum Industry Act (PIA) 2021 status as an income generating company, the Nigerian National Petroleum Company Limited (NNPCL), on Thursday commenced the payment of interim dividend and PSC profit oil into the...
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Eleven Jostle For $100,000 Nigeria Prize For Literature
July 21, 2023 No Responses

Eleven Jostle For $100,000 Nigeria Prize For Literature

The Advisory Board for The Nigeria Prize for Literature on Thursday announced the longlist of 11 drawn from 143 plays in the running for the 2023 edition of the prize. The genre in focus is Drama.The literature prize is sponsored...
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Shell Partners Firm On Maritime Decarbonisation
July 20, 2023 No Responses

Shell Partners Firm On Maritime Decarbonisation

United Kingdom design and engineering consultancy company Houlder and Shell International Trading and Shipping Company Limited (Shell) have agreed to work together to identify, evaluate, and further develop solutions to accelerate the decarbonisation of the ma...
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NNPC Explains Increase In Fuel Price
July 19, 2023 No Responses

NNPC Explains Increase In Fuel Price

The Nigerian National Petroleum Company Ltd,  has attributed the increase in the price of Premium Motor Spirit (PMS) also known as petrol to the market realities. The company’s Group Chief Executive Officer, Malam Mele Kyari, stated this in an interview...
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Petrol Pump Price Climbs to 617, 700 Naira in Lagos, Abuja
July 18, 2023 No Responses

Petrol Pump Price Climbs to 617, 700 Naira in Lagos, Abuja

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Seplat Energy, CEO Shine At 2023 Excel Africa Awards
July 10, 2023 No Responses

Seplat Energy, CEO Shine At 2023 Excel Africa Awards

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE) has emerged as winner of the ‘Excellence in Energy Leadership Company of the Year 2023’ award at the Excel....
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Tinubu Backs $5b Floating LNG Project
July 6, 2023 No Responses

Tinubu Backs $5b Floating LNG Project

Nigeria’s President, Bola Tinubu has pledged support for the implementation of a $5 billion floating Liquefied Natural Gas (LNG) project in the country. Tinubu gave the backing on Wednesday when he received a group of joint venture partne...
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Tinubu Receives Shell’s Global Upstream Director, Other Stakeholders  
July 4, 2023 No Responses

Tinubu Receives Shell’s Global Upstream Director, Other Stakeholders  

President Bola Ahmed Tinubu has assured the business community of his government’s commitment to policy consistency and better business climate to attract investment. The President spoke Monday while receiving the delegation of the Shell Petroleum Develo...
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Shell Still Trading Russian Gas
July 3, 2023 No Responses

Shell Still Trading Russian Gas

Shell is still trading Russian gas more than a year after pledging to withdraw from the Russian energy market. BBC report that the company was involved in nearly an eighth of Russia’s shipborne gas exports in 2022, according to analysis...
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Iheanacho To Indigenous Shipowners: Maximize Opportunities In Oil, Gas Industry
July 1, 2023 No Responses

Iheanacho To Indigenous Shipowners: Maximize Opportunities In Oil, Gas Industry

It would be most beneficial for Nigerian shipowners operating in the sub-sector to concentrate on the tanker trade than operating liner services, the Chairman of Integrated Oil and Gas Company, Captain Emmanuel Iheanacho, has said. Iheanacho said this in Lagos...
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CORAN Urges More Modular Refineries Investment In Nigeria
June 30, 2023 No Responses

CORAN Urges More Modular Refineries Investment In Nigeria

As part of measures to improve oil and gas downstream, the Chairman, Board of Trustees, Crude Oil Refiners Association of Nigeria (CORAN), Captain Emmanuel Iheanacho has called for encouragement for greater investment in the establishment of modular refineries...
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Aramco, TotalEnergies Award $11b Amiral Project Contract
June 25, 2023 No Responses

Aramco, TotalEnergies Award $11b Amiral Project Contract

Aramco and TotalEnergies have awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion Amiral complex currently being developed at the SATORP refinery in Saudi Arabia.  A signing ceremony took place on Satu...
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MOL, Chevron Seal Low-Carbon MoU
June 25, 2023 No Responses

MOL, Chevron Seal Low-Carbon MoU

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) and energy company Chevron Singapore have inked a Memorandum of Understanding (MoU) for a strategic alliance aimed at lowering the carbon intensity of the marine energy industry. Under the agreement, the ...
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ExxonMobil Appoints Shane Harris Chairman/MD
June 19, 2023 No Responses

ExxonMobil Appoints Shane Harris Chairman/MD

ExxonMobil has appointed Shane Harris as the new chairman and managing director of its affiliates – Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso Exploration and Production Nigeria – in Nigeria. A statement is...
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