Category: Energy

Oil Exploration To Begin In Ogun
June 1, 2024 No Responses

Oil Exploration To Begin In Ogun

The Nigerian National Petroleum Corporation Limited (NNPCL) is to begin oil and gas exploration in Ogun State.   Under the arrangement, the State Government has received a delegation from the Federal Government in Abeokuta, the state capital. On Friday, the state governor,...
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AEDC To Disconnect All Debtors
May 31, 2024 No Responses

AEDC To Disconnect All Debtors

The Abuja Electricity Distribution Company (AEDC) is notifying all customers with outstanding bills to settle their accounts immediately to avoid service disruption.To this end, customers who are yet to settle their outstanding bills within the next 72 hours, ...
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FG Commissions CNG Plant In Lagos
May 30, 2024 No Responses

FG Commissions CNG Plant In Lagos

In its continued efforts to provide alternative source of fuel for Nigerians and lessen the impact of subsidy removal on petrol, the Federal Government has commissioned a 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant...
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Shell Partners Hyundai On Liquefied Hydrogen Carriers
May 28, 2024 No Responses

Shell Partners Hyundai On Liquefied Hydrogen Carriers

South Korean shipbuilding conglomerate HD Hyundai has partnered with UK energy major Shell to work on the development of large liquefied hydrogen (LH2) carriers. HD Hyundai’s units HD Korea Shipbuilding and Offshore Engineering (HD KSOE) and HD Hyundai ...
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TotalEnergies Shareholders Okay €3.01 Per Share Dividend For 2023
May 26, 2024 No Responses

TotalEnergies Shareholders Okay €3.01 Per Share Dividend For 2023

Shareholders of TotalEnergies SE have approval the 2023 financial statements and payment of an ordinary dividend of €3.01 per share.   Other resolutions approved by the board include: Renewal of the three-year terms as Directors of Mr. Patrick Pouy...
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NNPCL, Schlumberger Seal Upstream Operations Agreement
May 24, 2024 No Responses

NNPCL, Schlumberger Seal Upstream Operations Agreement

As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards ...
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FG Inaugurates NDDC’s Power Station In Ondo
May 23, 2024 No Responses

FG Inaugurates NDDC’s Power Station In Ondo

President Bola Ahmed Tinubu has commissioned the multi-billion naira 132KV Transmission Line and I32KV/33KV electricity substation at Ode-Erinje in Okitipupa Local Government Area of Ondo State.Speaking at the commissioning ceremony, the President, who was rep...
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TotalEnergies Unveils Kaminho Deepwater Project
May 22, 2024 No Responses

TotalEnergies Unveils Kaminho Deepwater Project

Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANP...
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Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel
May 20, 2024 No Responses

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio.  BGT was founded in 1989 to provide...
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NADDC To Commence Accreditation Of CNG Conversion Workshops
May 16, 2024 No Responses

NADDC To Commence Accreditation Of CNG Conversion Workshops

To ensure safety and standard, the National Automotive Design and Development Council (NADDC) has concluded arrangements to commence the accreditation and certification of Compressed Natural Gas (CNG) powered Vehicles Conversion Workshops in Nigeria. This was ...
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TotalEnergies Supports Clean Cooking In Africa, India With $400m
May 15, 2024 No Responses

TotalEnergies Supports Clean Cooking In Africa, India With $400m

At the Clean Cooking Summit organized by the International Energy Agency (IEA), TotalEnergies announced its ambition of giving 100 million people in Africa and India access to clean cooking by 2030.  Under the arrangement, TotalEnergies will invest m...
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NNPC E&P Ltd, NOSL Hit First Oil In OML 13 In Akwa Ibom
May 13, 2024 No Responses

NNPC E&P Ltd, NOSL Hit First Oil In OML 13 In Akwa Ibom

The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.), NNPC Ltd.’s flagship upstream subsidiary, and Natural Oilfield Services Ltd. (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd....
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Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex
May 8, 2024 No Responses

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...
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NNPCL Cautions Against Panic Buying
May 8, 2024 No Responses

NNPCL Cautions Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of  Premium Motor Spirit (PMS), also known as petrol.   A statement issued by the company’s Chief Corporate C...
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