TotalEnergies Strengthens LNG Position in the U.S. TotalEnergies has signed a framework agreement with the US company NextDecade to participate in the development of the Rio Grande LNG project, a liquefied natural gas (LNG) plant located in South Texas. Under the terms of the agreement, and subject to execution of definitive documentation and final investment…
Seplat Energy appoints Chioma Afe as Director External Affairs and Sustainability The Board and Management of Seplat Energy Plc are pleased to announce the appointment of Mrs. Chioma Y. Afe as the Director, External Affairs and Sustainability effective June 15th 2023. Chioma is an accomplished strategic Senior Communications Executive and Business Leader with over 25…
Fire Incident in TCN Substation, Alagbon, 60MVA Power Transformer Affected The Transmission Company of Nigeria, TCN, has disclosed that there was a fire incident at its Alagbon Transmission Substation, which affected one of its 60MVA power transformers in the substation. The incident happened at about 1632hrs, today, Wednesday, 14th June, 2023. According to the company,…
NCDMB Backs Conference on Implementation of Local Content in Insurance Industry The Nigerian Content Development and Monitoring Board (NCDMB) has committed to leading discussions at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and the Oil and Gas Sector. Executive secretary of the board Simbi Wabote has confirmed NCDMB’s participation…
The Future of LPG in Nigeria, Harnessing the Opportunities Liquified Petroleum Gas (LPG) is a sustainable and eco-friendly energy source. It is one of the products of natural gas, it serves as a better and healthier alternative to wood for heating and cooking purposes and Nigeria owns the largest gas reserves in Africa. According to…
NUPENG Members Shutdown NSCDC over Impounded Trucks, 130,000 Litres of PMS Members of Petroleum Tanker Drivers branch of the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG on Wednesday shutdown activities at the Rivers State Command of the Nigeria Security and Civil Defence Corps, in protest over three impounded trucks with 130,000 litres of…
Oil Moves Lower after EIA Confirms Large Crude Build Crude oil prices inched lower today after the Energy Information Administration reported an estimated inventory build of 7.9 million barrels for the week to June 9. This compared with a modest inventory draw of half a million barrels for the previous week and an estimated build…
Stakeholders applaud FG’s achievement in transport industry Stakeholders have lauded the immediate past Minister of Transportation, Muazu Sambo and Minister of State for Transportation, Ademola Adegoroye, for the transformational change and key achievements recorded in the transport and maritime industry in 10 months.Sambo and Adegoroye were appointed in July 2022 to superintend over the transport…
TotalEnergies makes oil and gas discovery offshore Nigeria TotalEnergies, an international oil company, IoC, has made a major oil find in Oil Mining Lease, OML102, offshore Nigeria. The oil find, popularly known as “the Ntokon-1AX discovery” has the prospect of sustaining a commercial production that would culminate in increasing Nigeria’s oil reserves. The nation’s oil…
Ghana Regains First Position in Gold Production – Lands Minister Ghana has regained her position as the number one gold producer in Africa after losing the position to South Africa in 2021 due to a drastic fall in output. According to the Minister of Lands and Natural Resources, Mr Samuel Abu Jinapor, gold production by…
