TotalEnergies Mobilizes to Explore Lebanon’s Block 9 in 2023 Patrick Pouyanné, Chairman and CEO of TotalEnergies, received His Excellency Walid Fayad, Minister of Energy and Water of Lebanon, at the Company’s headquarters. During the meeting, Patrick Pouyanné and Walid Fayad discussed the development of TotalEnergies’ activities in Lebanon, and Patrick Pouyanné confirmed that the teams…
NCCF Well Positioned to Address Issues, Harness Opportunities – Wabote Indigenous operators and service companies in the oil and gas industry have been advised to identify with appropriate Sectoral Working Groups under the Nigerian Content Consultative Forum (NCCF) to be able to receive adequate attention on operational difficulties of whatever nature. The Forum, established…
DSS Gives NNPC, Oil Marketers 48 Hours to End Fuel Scarcity Department of State Services (DSS) has given the Nigerian National Petroleum Company (NNPC) Limited and oil marketers a 48-hour ultimatum to make Premium Motor Spirit, also known as petrol available for Nigerians. The directive was announced by DSS Spokesman, Peter Afunanya while briefing journalists…
Globeleq Completes Share Transfer to CEHL Globeleq, Africa’s leading independent power company, announced that after a review of its strategy and portfolio, Globeleq’s ownership interest in Globeleq Power Solutions Nigeria (GPSN) has transferred to Clean Energy Holdings Limited (CEHL). The transfer relates to a group of assets which serve commercial and industrial customers mostly in…
Federal Government Sets Up Special Panel to Probe Oil Theft in Niger Delta The Federal government through the Office of the National Security Adviser (ONSA), Maj Gen Babagana Monguno (Retd.), has set up an 11-man Special Investigative Panel to look into cases of oil theft and oil losses in the country. The panel, comprised of…
China buys Russian Oil at Multi-Month Low Discounts China is paying the deepest discounts in months for c amid weak demand and poor refining margins even though the effective prices refiners pay could exceed a price cap imposed this week by Western countries. The $60 per-barrel cap, set by the Group of Seven (G7) nations,…
Lekoil Nigeria, Cayman subsidiary Settle Rift Lekoil Nigeria Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa has announced that it has reached agreement with Lekoil Limited (“Lekoil Cayman”), a Cayman Islands litigation asset company with an investment in oil & gas assets in Nigeria, have agreedto…
Seplat Energy Becomes First Nigerian company to earn ISO 55001:2014 Asset Management System Certification Seplat Energy Plc a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces that it has successfully obtained the ISO 55001:2014 Standard Asset Management System certification, becoming the first energy company in Africa to…
Africa Needs Energy Capital to Develop, Remain Sustainable – Seplat Energy CEO For Africa to achieve major development goals and power its own economies as well as export energy, energy capital should be deployed to the continent. The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown said this at the World Energy Capital Assembly (WECA)…
NNPC’s Fight Against Crude Oil Theft Yields Result As NLNG Confirms Increase In Production The effort of the Nigerian National Petroleum Company to combat crude oil theft is yielding results as the Nigeria Liquefied Natural Gas (NLNG) Limited has confirmed improvement in key crude oil transportation pipelines. The NLNG spokesperson, Andy Odeh confirmed that the…
