Oil & Gas

Total: Shareholders approve board resolutions

Total: Shareholders approve board resolutions

Total: Shareholders approve board resolutions . TOTAL SE becomes TotalEnergies SE .  Patrick Pouyanné reappointed as Chairman/CEO By Eyo Nsima The Combined Shareholders’ Meeting of Total SE was held on May 28, 2021, under the chairmanship of Mr. Patrick Pouyanné, according to the company. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “The shareholders

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Total Group: Capital increase reserved for employees in 2021

Total Group: Capital increase reserved for employees in 2021

Total Group: Capital increase reserved for employees in 2021 In accordance with its policy in favor of employee shareholding, the Board of Directors of Total SE decided, on September 16, 2020, to carry out a capital increase reserved for eligible employees and former employees of Total SE and its French and foreign subsidiaries in which

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Total transforms into TotalEnergies

Total transforms into TotalEnergies By Eyo Nsima The shareholders of Total, Friday, unanimously agreed to change the name of the company to TotalEnergies. In a statement obtained by The Daily, www.thedaily-ng.com, the company, stated: “At the Ordinary and Extraordinary Shareholders’ Meeting, shareholders approved today, almost unanimously, the resolution to change the company’s name from Total to

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Shell, Rivers govt. inaugurate multi-billion Cassava firm

Shell, Rivers govt. inaugurate multi-billion Naira Cassava firm By Eyo Nsima   Leading energy company, Shell, on Thursday inaugurated a multi-billion-naira Rivers Cassava Processing Company Limited built-in partnership with the Rivers State Government, Vieux Manioc BV of the Netherlands, and the Embassy of The Netherlands in Nigeria. Shell says the company will support the economy

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DPR generates N2.24trn in 8 months, targets N5trn in December

Nigeria needs $2bn monthly for fiscal sustainability as FG builds oil reserves

By Eyo Nsima The Department of Petroleum Resources (DPR) has stated that the country needs over $2 billion monthly revenue to remain sustainable as a nation. The Director, DPR, Sarki Auwalu, warned that without this monthly income, the economy would be in doldrums as over 70 per cent of the $2 billion is presently being

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

FG expect first oil from marginal fields by 2022

The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year. The Director/Chief Executive Officer, Department of Petroleum Resources, Mr Sarki Auwalu, said this on Wednesday during a strategic engagement session in Lagos with the

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OML 118: NNPC, SNEPCo, others sign Multibillion Dollar Deep-Water Agreement

OML 118: NNPC, SNEPCo, others sign Multibillion-Dollar Deep-Water Agreement …Deal to Yield Over $780million in Immediate Revenues to Government The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners -Shell Nigeria Exploration and Production Company (SNEPCo), Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration and Production Nigeria Limited (EEPNL), and Nigerian

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Dangote Refinery exports PMS to Cameroon

Dangote refinery to bridge Africa’s petrol supply gap – Zanna

By Eyo Nsima The 650,000 barrels per day Dangote Petroleum Refinery in Lagos will bridge supply gap for petroleum products across in Africa, according to Charge D’Affaires, Embassy of Nigeria in Senegal, Mr A.K Zanna. In a statement obtained by The Daily, www.thedaily-ng.com, Tuesday, Dangote Industries Limited, said Zanna also stated that Dangote Fertiliser plant

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Registration for the Carbon Neutral Focused 28th World Gas Conference (WGC2022) opens

Registration for the Carbon Neutral Focused 28th World Gas Conference (WGC2022) opens By Eyo Nsima The National Organising Committee has announced that registration for the highly anticipated 28th World Gas Conference (WGC2022), taking place on 23-27 May 2022 in Daegu, Korea, is now open. According to the Committee, the Korean Prime Minister Kim Boo-kyum has

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