Energy News Archives — Page 4 of 5

December 10, 2021 No Responses

Sylva At Global Energy Forum, Insists PIA Will Enhance Energy Growth In Nigeria

Minister of State, Petroleum, Chief Timipre Sylva has declared that the Petroleum Industry Act (PIA} will enhance energy growth and sustainability in Nigeria. Speaking as a participant at a ministerial roundtable, at the World Petroleum Congress (WPC), in Houston Texas,...

December 4, 2021 No Responses

Shell Closes Prelude Floating LNG

Shell has shut down its Prelude Floating Liquefied Natural Gas (FLNG) facility offshore Western Australia due to a fire incident. Shell operates the Prelude FLNG, located at Browse Basin, 475 kilometres from Broome in Western Australia. S...

December 2, 2021 No Responses

Oil Rises Ahead Of OPEC Meeting

Oil prices clawed back some losses on Wednesday after steep falls in the previous session, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant.U.S. West Texas Intermediate (WTI) crude...

November 19, 2021 No Responses

Crude Oil Hovers Above Six-Week Low

Oil prices rose slightly on Thursday after dropping to six-week lows as investors wondered about how much crude major economies would release from their strategic reserves and how much that would ease global crude demand pressures. Prices fell to six-week...

November 6, 2021 No Responses

Shell Restarts Production At Offshore Gulf Of Mexico

Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida. The oil...

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...

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...

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...

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...

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...

October 22, 2021 No Responses

TotalEnergies Receives New LNG Carrier

Japanese shipping major, NYK Line, has delivered Liquefied Natural Gas (LNG) carrier, LNG Endeavour to French energy giant, TotalEnergies. According to World Maritime report, the LNG carrier is equipped with a WinGD X-DF diesel engine that can...

September 17, 2021 No Responses

DPR Seals 11 Gas Plants

The Department of Petroleum Resources (DPR), in Abuja, on Thursday sealed 11 illegal gas plants and two filling stations over sharp practices. The News Agency of Nigeria (NAN) reports that the Liquified Petroleum Gas (LPG) — also known as cooking...

August 7, 2021 No Responses

Shell, Maritime Firm Seal Partnership

Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s MR pool. The company was an early adopter of the Signal Ocean platform in pro...

July 30, 2021 No Responses

Ikeja Electric Meters 400,000 Customers

Ikeja Electric (IE) Plc said it had installed prepaid meters for about 400,000 customers out of 1.1 million since 2013. Mr Ugo Obi-Chukwu, Chief Marketing Officer, IE, made the disclosure during a visit of the Senate Committee on Privatisation and...