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 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 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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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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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 …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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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 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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11 Plc shareholders approve N3, 060,059,719Bn dividend payout Shareholders of 11 Plc, a foremost downstream Oil and Gas Company have approved the dividend payout of N3, 060,059.00 for the 2020 financial year. The approval was given at the 43rd Annual General Meeting of the company held at Nasarawa Hall of Transcorp Hilton, Abua The company assured the shareholders of its
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Seplat’s $318m cash generation, huge capital investment drive shareholders’ fortune ● Paid $344 million dividend to shareholders since 2014 Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), held its hybrid 8th Annual General Meeting (AGM) with shareholders, auditors, regulators, company
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