Category: Oil & Gas
Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion
The summit gave decision-makers a chance to discuss and delve into changes in demand, supply and trade of major fuels.
Troops uncover 15km oil theft pipeline in Rivers
The operations led to the dismantling of 21 illegal refining sites, arrest of 36 suspects, and destruction of dozens of equipment and vehicles used in crude oil theft and illegal refining activities.
Aiteo, PETROMOC partner to construct 200,000bpd refinery
The refinery is expected to mark another watershed moment for the African energy market.
Exxon plans $1.5 billion investment in deepwater oil field in Nigeria
This move counters speculation about Exxon Mobil’s potential withdrawal from Nigeria.
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