
Category: Oil & Gas

U.S. shows investment interest in Africa’s 5,660-km Nigeria-Morocco Gas Pipeline project
The reforms are being considered necessary to build investor confidence.

TotalEnergies begins production from the deepwater Ballymore field offshore United States
Ballymore will represent close to 30,000 boe/d net of cash-accretive production for TotalEnergies

No going back on Naira-for-crude policy, says FG
This initiative is not a stopgap solution.

Shell starts production from Dover, further advancing position in U.S. Gulf
Dover brings an estimated peak production of 20,000 barrels of oil equivalent per day (boed).

Integrated power: TotalEnergies closes three international acquisitions of renewable portfolios
The deal also gives TotalEnergies a team of hydropower development experts, strengthening its competencies in this field.

Federal Government’s Naira-for-crude deal continues as Dangote Refinery imports 12.6m barrels
The initiative is going to continue because it is now obvious that the policy has a great impact on not just fuel prices, but also on other economic indices. It also positively impacted the FX rate

NEITI set to review $6.03bn divestments by IOCs, amid environmental issues
NEITI said the oil and gas divestments were reshaping Nigeria’s industry, hence the need to ensure that the divestments adhered to due process.

Shell CEO seen focusing on LNG as key part of growth strategy
The company in recent months spun off its UK North Sea business, sold its onshore Nigeria exploration and production arm and suffered drilling setbacks off Namibia.

Germany: TotalEnergies pursues growth in electricity by launching six new battery storage projects
This storage capacity will allow TotalEnergies to contribute to the resilience of the German power system, by reducing congestion and adding flexibility in order to quickly boost the country’s renewables sector.

Infrastructure key to developing Nigeria’s gas resources –Shell
The infrastructure will support the delivery of gas from producers to consumers in an efficient way that is also transparent and cost effective,