Shell set to appeal landmark Dutch climate ruling Royal Dutch Shell, Tuesday, said it will appeal a Dutch court ruling ordering the energy company to accelerate its carbon emission reduction target. According to Reuters, Shell had previously said it will appeal the May 26 ruling ordering it to reduce greenhouse gas emissions by 45 percent […]
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Oando PLC, SEC enter into a settlement to end litigation By Eyo Nsima Oando PLC, Monday, said it has entered into a settlement with the Securities and Exchange Commission, SEC, aimed at settling their litigation. In a statement obtained by The Daily, www.thedaily-ng.com stated: “Oando PLC is pleased to announce that on Thursday, July 15, 2021, the
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DPR: Petrol price to rise on fuel subsidy without alternative energy — DPR The Department of Petroleum Resources (DPR) has warned that the pump price of petrol in the country may rise up to as much as N1000 per litre when the petrol subsidy regime comes to an end without an alternative energy source. The
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The Committee calls on American investors, financiers and service providers to participate in the two-day event that is set to solidify the U.S The African Energy Chamber’s U.S.-Africa Committee has endorsed the U.S.-Africa Energy Forum (USAEF) 2021 (October 4-5; Houston, Texas) as the premier platform for strengthening bilateral trade and investment; The Committee calls on
OPEC Daily Basket – July 14, 2021 OPEC daily basket price stood at $75.29 a barrel Wednesday, 14 July 2021, compared with $75.13 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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REFINING: Waltersmith gets License to Operate from DPR By Eyo Nsima The Department of Petroleum Resources, DPR, has issued its License to Operate, LTO, to Waltersmith Refining & Petrochemical Company Limited. In its update obtained by The Daily, www.thedaily-ng.com, the Department of Petroleum Resources, DPR, stated that the LTO is targeted at enabling the 5,000 barrels
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Panelists taking part in the second virtual session of the U.S.-Africa Energy Forum 2021 on Monday navigated the balance between delivering reliable energy access to the continent – while meeting global carbon emission and ESG standards – before issuing a call to action to U.S. investors and policymakers. Organized by Energy Capital & Power under
In a move to promote development and end energy poverty by 2030, the African Energy Chamber has announced that it will encourage African countries to boycott companies that boycott African oil and gas With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline
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NNPC: Kyari marks two years with flagship projects, programs By Eyo Nsima Barely two years ago, Mele Kyari, who took the mantle as the 19th Group Managing Director, GMD, Nigerian National Petroleum Corporation (NNPC), had promised to transform the apex-oil company into a world-class national energy giant. Kyari, who pledged to carry out many reforms, including technical, and operational, had promised
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The Board of Directors of Nigeria LNG Limited (NLNG) at its last board meeting approved the appointment of Dr. Philip Mshelbila as successor to Engr. Tony Attah, Managing Director and Chief Executive Officer. Engr. Attah will return to his parent company, Shell, on 30th August 2021 at the expiration of his five-year tenure at the
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