Category: Oil & Gas
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,
TotalEnergies, Chevron show appetite for Nigeria’s deepwater assets after Shell’s $5bn deal
With zero foreign investment in early 2023, to billions pledged by year’s end – what lies behind the country’s dramatic offshore turnaround, and what are the challenges?
Nigeria sets sights on 2.7 million bpd production by 2027
Improvements in security around oil production and transportation sites is the main driver behind the rising production
NNPC Ltd/First E&P JV achieves 96% reduction in routine gas flaring
By Oke Peter In a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas emissions by 20% unconditionally and 47% conditionally, as stipulated in the Nationally Determined Contributions under the Paris Agreement, the NNPC Ltd and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has successfully achieved 96% reduction in…
Nigeria’s fuel imports drop to lowest in 8 years as Dangote refinery ramps up production
Dangote refinery, which has the highest refining capacity in Africa and Europe has disrupted global oil trade and pushed some refineries in Europe out of the market.