Category: Energy

Oil Falls As China Rolls Out Reserves
November 1, 2021 No Responses

Oil Falls As China Rolls Out Reserves

Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns over tight global supply, while investors cashed in ahead of a November 4, 2021 meeting of major crude producers that could increase future production targets. ...
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McLean, Yemi Adefulu Lead Shell-Backed Clean Energy Centre In Canada
November 1, 2021 No Responses

McLean, Yemi Adefulu Lead Shell-Backed Clean Energy Centre In Canada

The Government of British Columbia, the Government of Canada and oil and gas major, Shell have established the British Columbia Centre for Innovation and Clean Energy (CICE) as part of measures to accelerate the commercialization and scale-up of...
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Shipping: TotalEnergies, Firm Seal MoU On Energy Transition
November 1, 2021 No Responses

Shipping: TotalEnergies, Firm Seal MoU On Energy Transition

French energy major, TotalEnergies and Cyprus-based ship management and maritime service provider, Columbia Shipmanagement (CSM) have signed a memorandum of understanding (MoU) to explore various collaborative opportunities to foster energy transition, especia...
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NLNG Announces Onyemelukwe-Onuobia Winner Of $100,000 Literature Prize
October 31, 2021 No Responses

NLNG Announces Onyemelukwe-Onuobia Winner Of $100,000 Literature Prize

Cheluchi Onyemelukwe-Onuobia has emerged winner of the $100,000 NLNG Literature Prize for 2021 with her novel, the Son of the House.    Chairman, Advisory Board, the Nigeria Prize for Literature & Literary Criticism, Prof Akachi Ad...
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ExxonMobil Q3 Profits Rebound To $6.8b
October 30, 2021 No Responses

ExxonMobil Q3 Profits Rebound To $6.8b

ExxonMobil’s profits rebounded in the third quarter on strengthening oil and natural gas prices as the petroleum giant announced a new share repurchase programme, according to results released on Friday. The US oil company reported profits of S$6.8 billi...
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Seplat Energy Declares N62.6b Operating Profit, Okay $0.025 Dividend For Q3
October 29, 2021 No Responses

Seplat Energy Declares N62.6b Operating Profit, Okay $0.025 Dividend For Q3

By ebosele@hotmail.com  — Seplat Energy Plc , listed on both the Nigerian Exchange Limited and the London Stock Exchange, has reported a nine month (Q3) 2021 revenue of N182.7billion, representing a rise of 18.7 percent year-on-year. In its unaudited r...
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Oil Sector: Upstream Commission Boss Assures Of Increased Investments
October 29, 2021 No Responses

Oil Sector: Upstream Commission Boss Assures Of Increased Investments

The Federal Government is committed to shoring up the nation’s oil production quota and boosting investments in the upstream segment of the oil and gas industry, the Nigerian Upstream Regulatory Commission (NURC) Chief Executive Officer, Gbenga Komolafe has ...
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ABC Orjiako: Energy Transition Must Be Done In A Collaborative Manner
October 28, 2021 No Responses

ABC Orjiako: Energy Transition Must Be Done In A Collaborative Manner

In recognition that one of the biggest challenges in Energy Transition is the continuous discordant tunes that are being sung across the world, Dr. ABC Orjiako, Chairman, Seplat Energy Plc believes that the best of this new journey can only...
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TotalEnergies Names France’s 1st LNG Bunker Vessel
October 27, 2021 No Responses

TotalEnergies Names France’s 1st LNG Bunker Vessel

The first liquefied natural gas (LNG) bunker vessel to be based in France has been officially named Gas Vitality at a ceremony held on Tuesday at Hudong-Zhonghua Shipbuilding in China. The 18,000-cbm newbuild vessel is TotalEnergies Marine Fuels’ second coll...
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TotalEnergies Reiterates Support For Young Entrepreneurs
October 26, 2021 No Responses

TotalEnergies Reiterates Support For Young Entrepreneurs

TotalEnergies Nigeria on Tuesday announced the commencement of the third edition of its Startupper Challenge of the Year Challenge, designed to support young entrepreneurs in Nigeria and the African continent.  Addressing a virtual news conference in Lagos on...
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TotalEnergies Unveils Agenda For Autogas Stations In Abuja, Lagos
October 26, 2021 No Responses

TotalEnergies Unveils Agenda For Autogas Stations In Abuja, Lagos

TotalEnergies Nigeria Plc has concuded plans to establish two Compressed Natural Gas (CNG) stations in Abuja and Lagos.  Speaking on Tuesday in Lagos at the 15th Oil Trading and Logistics (OTL) Africa Petroleum Downstream Expo 2021, Managin...
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TotalEnergies CEO: Spike In Prices Of Gas To Stabilise After Winter
October 25, 2021 No Responses

TotalEnergies CEO: Spike In Prices Of Gas To Stabilise After Winter

The Chief Executive of TotalEnergies, Patrick Pouyanne said at the weekend that the recent gas price spike had been caused by a strong demand rebound post COVID-19 and prices were likely to stabilise after winter. “I don’t think it (gas price...
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Another Shell’s Tanker Joins Signal Maritime Pool
October 22, 2021 No Responses

Another Shell’s Tanker Joins Signal Maritime Pool

Signal Maritime, the Signal Group’s shipping arm, has taken commercial management of MT Silver London, the new Shell’s medium-range (MR) tanker, increasing the pool’s fleet size to 15.  The addition of the energy major’s tonnage as well ...
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TotalEnergies Accused Of Downplaying Climate Risks
October 21, 2021 No Responses

TotalEnergies Accused Of Downplaying Climate Risks

French oil company TotalEnergies knew at least 50 years ago about a link between burning fossil fuels and global warming, researchers have said. An article from 1971 in the company’s magazine, Total Information, mentioned partial melting of ice caps, res...
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