Category: Energy

Germany Unveils Bill To Accelerate The Use Of LNG
May 11, 2022 No Responses

Germany Unveils Bill To Accelerate The Use Of LNG

Germany’s government has taken another important step to reduce dependence on Russian energy imports by agreeing on a formulation of the draft law on the acceleration of the use of LNG.    The Federal Ministry of Economics and Climate Protection...
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Oil Tumbles On Global Economic Worries
May 11, 2022 No Responses

Oil Tumbles On Global Economic Worries

Oil prices tumbling more than 1% on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns in top oil importer China, a strong dollar and growing recession risks fed worries about the outlook for global demand.  Reu...
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Sylva: FG Working To Improve West African Gas Pipeline Project Performance
May 11, 2022 No Responses

Sylva: FG Working To Improve West African Gas Pipeline Project Performance

The Federal Government will continue to work with stakeholders for the improvement of the West African Gas Pipeline Project (WAGP) performance. Chief Timipre Sylva, the Minister of State for Petroleum Resources, said this on Tuesday in Abuja at the opening...
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How To Improve Diversity, Inclusion In Energy Sector, By Seplat
May 7, 2022 No Responses

How To Improve Diversity, Inclusion In Energy Sector, By Seplat

Diversity and inclusion has been described as the bedrock of strength, knowledge and expertise in the energy sector. According to The Director, External Affairs and Sustainability, Seplat Energy Plc, Dr Chioma Nwachuku, it has also been responsible for the inc...
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Efforts To Reduce Global Gas Flaring Stalled
May 7, 2022 No Responses

Efforts To Reduce Global Gas Flaring Stalled

C The World Bank says global progress to reduce gas flaring, the wasteful industry practice of burning natural gas during oil production has stalled in the last 10 years.  This is contained in a statement obtained from the World Bank...
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France LNG Shipping Secures LNGC Charter Deal With EDF
May 7, 2022 No Responses

France LNG Shipping Secures LNGC Charter Deal With EDF

French ship-owning company, France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France. According to World Maritime News,  South Korean shipyard, Hyundai Samho...
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Seplat CEO : ANOH Project, Game Changer For Seplat, Oil, Gas Industry
May 6, 2022 No Responses

Seplat CEO : ANOH Project, Game Changer For Seplat, Oil, Gas Industry

The completion of Seplat Energy Plc Assa North-Ohaji South project (ANOH) in Imo State, will positively boost supply chain in the nation’s oil and gas industry, Chief Executive Officer(CEO), Seplat Energy Plc, Mr Roger Brown, has said   Brown told ...
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Oil Edges Up On Supply Jitters
May 6, 2022 No Responses

Oil Edges Up On Supply Jitters

Oil prices edged up on Thursday on supply worries after the European Union (EU) laid out plans for new sanctions against Russia including an embargo on crude.  Reuters report that pressure from a stronger dollar and a drop in global...
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Shell Records $9.13b Profits In Three Months
May 6, 2022 No Responses

Shell Records $9.13b Profits In Three Months

Energy giant Shell has reported its highest ever quarterly profits as oil and gas prices surge around the world. Shell made $9.13bn (£7.3bn) in the first three months of the year, nearly triple its $3.2bn profit it announced for the...
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OPEC Raises Nigeria’s Production Quota To 1.772mbpd For June
May 5, 2022 No Responses

OPEC Raises Nigeria’s Production Quota To 1.772mbpd For June

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new target of 1.772mbpd for June 2022.   A statement issued...
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EU Divided Over Russian Energy Supplies 
May 3, 2022 No Responses

EU Divided Over Russian Energy Supplies 

European Union countries are split on how soon they wind down dependence on Russian energy supplies. BBC reports that while sanctions have been applied to other areas of business, the EU remains heavily reliant on Russian oil and gas.  Germany’s...
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Forte Upstream Services Gets ISO 9001:2015 Certification
May 2, 2022 No Responses

Forte Upstream Services Gets ISO 9001:2015 Certification

Forte Upstream Services Limited has received the ISO 9001:2015 certification for its quality management system. A statement explained that the certificate was presented by the Standard Organization of Nigeria (SON) to the company on Thursday, 28th April 2022 a...
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Chevron Nigeria Remains Committed In Fight Against Malaria, Says MD
May 2, 2022 No Responses

Chevron Nigeria Remains Committed In Fight Against Malaria, Says MD

Chevron Nigeria Limited  (CNL) says it remains committed in the fight against malaria scourge and other communicable diseases in Nigeria.   CNL’s Chairman and Managing Director, Mr  Rick Kennedy made the disclosure in a statement on Monda...
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Nigerian Content In Oil Sector Grows To 42%, Says Wabote, NCDMB Boss 
April 28, 2022 No Responses

Nigerian Content In Oil Sector Grows To 42%, Says Wabote, NCDMB Boss 

The Nigerian Content Development and Monitoring Board (NCDMB) has grown Nigerian content in the oil and gas sector to 42 per cent.  Mr Simbi Wabote, Executive Secretary of NCDMB gave the update on Wednesday, while speaking at a Local content...
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