Oil and Gas Archives — Page 9 of 18

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 results for...

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 ...

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

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 ...

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...

October 20, 2021 No Responses

ExxonMobil India Gets New CEO

ExxonMobil India has appointed Monte Dobson as Chief Executive Officer and lead country manager, succeeding Bill Davis.As lead country manager, Dobson will be responsible for ExxonMobil subsidiaries in India, the company said in a statement.“India&#8...

October 16, 2021 No Responses

Brent Oil Hits $85

For the first time since 2018, Brent crude on Friday topped $85 a barrel in London, the latest milestone in a global energy crisis that has seen prices soar. Bloomberg reports that the global benchmark rose above the key level...

October 16, 2021 No Responses

Shell Appoints Sawan As Head Of Gas, Renewables

Royal Dutch Shell has appointed Wael Sawan as head of its integrated gas and renewables division, replacing Maarten Wetselaar who will leave the energy company after 25 years.Sawan currently heads Shell’s oil and gas product...

October 15, 2021 No Responses

Shell-Led Consortium Secures Contract For Hydrogen Storage Project

The United State Department of Energy (DOE), on Thursday announced the award of contract to a consortium of companies led by oil major Royal Dutch Shell PLC to demonstrate that a large-scale liquid hydrogen storag...

October 13, 2021 No Responses

TotalEnergies, Air Liquide Unveil Clean Hydrogen Infrastructure Fund

French companies, TotalEnergies , Air Liquide and Vinci announced the launch of what they said would be the world’s largest clean hydrogen infrastructure fund, as companies increase their presence in the green...

September 29, 2021 No Responses

TotalEnergies Floats Electric Mobility Firm

TotalEnergies has signed an agreement with China Three Gorges Corporation to establish a joint venture in electric mobility in China.The venture will develop electric vehicle (EV) high-power charging infrastructure and services, TotalEnergies said.“T...

September 29, 2021 No Responses

TotalEnergies To Buy Back $1.5b Shares

The management of French energy firm, TotalEnergies, on Tuesday, disclosed plans to buy back $1.5 billion of its shares in the fourth quarter and boost its investment in renewable energy with the help of high oil prices. “TotalEnergies is c...

September 18, 2021 No Responses

Total Energies, NNPC To Strengthen Partnership

The Nigerian National Petroleum Corporation (NNPC) is to strengthen its partnership with TotalEnergies as part of measures to effectively deliver services to stakeholders. The Group Managing Director, NNPC, Malam Mele Kyari, disclosed this when the new...

September 14, 2021 No Responses

Shell Begins One-Year Vocational Training For 40 Imo youths

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has commenced a one-year professional and vocational training for 40 youths from the SPDC Joint Venture host communities of the Assa North and Ohaji South gas project in Imo State. “The....