Author: Jerome Onoja Okojokwu-Idu

Shell: Golf tournament attracts serving, retired leaders L-R: General Manager, Safety and Environment, Shell Nigeria, Elozino Olaniyan; Vice President Midstream, Henry Bristol; former Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Chike Onyejekwe; SNEPCo Managing Director, Elohor Aiboni and Shell Nigeria Vice President, Human Resources, Olukayode Ogunleye, at the Golf Kitty retreat organised for serving and retired leaders of Shell Nigeria at…

Oil firms slash investments in UK as govt announces new taxes Multiple leading international oil and gas firms have announced cuts in proposed investments in North Sea as the government of the United Kingdom raised taxes on profits. A statement from WorldPR Group said that French oil giant, TotalEnergies disclosed it will be cutting investment…

Ghana’s Gold-for-Oil Policy Raises Eyebrows, Experts Slam Announcement The Government of Ghana’s latest announcement to buy oil with gold rather than US Dollars amidst forex scarcity and high inflation in the country has raised eyebrows and criticism from industry experts and observers. The Ghanaian Vice President, Mahamudu Bawumia announced through Facebook that the government was…

As Europe debates price cap, China, India scoop Russian oil at 40% discount –          Nigeria struggles to benefit amid production constraints The European Union has once again failed to agree on a price cap for Russian crude oil amidst sanctions placed after the Russian invasion of Ukraine. Meanwhile, reports note that China and India have seized…

NNPC’s Partnership With Private Security Outfit Yielding Results As Crude Oil Production Rises By 300,000BPD The security agreement which the Nigerian National Petroleum Company Ltd entered with Tantita Security Services Ltd is already yielding results as the country has started experiencing increase in crude oil and gas production volumes. The NNPC had on August 13…