
Category: Oil & Gas

Our trucks ‘ll start loading petrol from Dangote Refinery next week –Marketers
Oil marketers in the country have confirmed that they will start lifting Premium Motor Spirit (petrol), from the refinery in few days.

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.

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.

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.

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.

$3.5b LNG: Shell accuses Venture Global of alleged wrongful earnings as NLNG faces same offence
Shell’s claim was based on a study commissioned by Compass Lexicon consultancy, which aimed to determine the extra revenue Venture Global had seemingly wrongfully earned by denying certain European customers their contracted cargoes.

Why NNPC may not lift petrol from Dangote Refinery on Sunday
“Dangote has not briefed us nor has the committee set up by the Federal Government reverted to us on what had been agreed.

Experts advocate sustained oil, gas production with emissions-cutting measures
Habib opined that oil and gas would remain key drivers of the global economy for at least the next 50 years.

Lokpobiri hails Oando’s $783m acquisition of NAOC
Lokpobiri praised the company’s foresight in reshaping the industry’s narrative, where Nigerian companies were now competing with international oil companies, IOCs.