1,200 host communities slam Shell for breaching court order, demand N505 billion compensations
The community has a pending lawsuit against Shell, which it accuses of causing an oil spill that damaged waterways and farms.
Month: September 2024
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Decarbonization: TotalEnergies joins the first Japanese fund dedicated to the development of low-carbon hydrogen
The fund will be managed by Advantage Partners, one of Japan’s leading private equity firms.
Oando @ 30: The rise and rise of an indigenous Nigerian oil company
Oando Plc has rolled out drums to celebrate 30 years of existence with a track record of outstanding services in the oil industry.
Abuja Disco to pay N1.69bn fine for overbilling electricity consumers -NERC
The fine, amounting to N1.69 billion, is the result of AEDC’s non-compliance with NERC’s previous order on capping estimated billing for electricity consumers.
We ‘ll deploy our Crude Monitoring Team to monitor Dangote Refinery, says NNPC
NNPC had informed the management of Dangote Group of its intention to station a team of six to 10 people permanently at the $20 billion refinery.
Dangote Refinery diesel price is too cheap, petroleum marketers complained to Tinubu
As a result of this poor local patronage, the refinery exports most of its diesel and aviation fuel.
U.S. department hosts US-Nigeria strategic energy dialogue
The dialogue will also include a public-private discussion hosted by the U.S. Chamber of Commerce to deepen private sector partnerships and investments between the U.S. and Nigeria.
Nigeria Mining Week holds November 18
“In the heart and soul of each and every passionate miner in Nigeria”
Oil and gas giants’ annual revenue jumps 9% to over $2.5trn
According to data presented by AltIndex.com, the world`s ten largest oil and gas companies have grossed over $2.5 trillion in the 12 months leading up to July 2024, or 9% more than in the same period a year before.
AFC leads Nigeria’s inaugural domestic dollar bond, raises US$900m
It marks the first issuance under the FGN’s Domestic US Dollar Bond Programme.