OTC, NAPE announce historic ‘Synergy in Energy’ Partnership Two of the most prominent energy conferences in the world – the Offshore Technology Conference (OTC) and NAPE Summit – announced a first-of-its-kind “Synergy in Energy” partnership. Both events will be held in Houston between 16–20 August 2021, and guests will have the option to purchase
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TOTAL announces first 2021 Interim Dividend Stable at €0.66/SHARE Total, a broad energy company that produces and markets fuels, natural gas, and electricity, has announced its first 2021 Interim Dividend Stable at €0.66/SHARE. In a statement obtained by The Daily, www.thedaily-ng.com, the company stated: “The Board of Directors met on April 28, 2021, and declared the
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DPR boss bags OGTAN award, assures indigenous oil, gas trainers of more collaboration The Department of Petroleum Resources (DPR) has assured indigenous oil and gas trainers of more collaboration towards sustainable human capacity development for the benefit of all stakeholders in the Nigerian oil and gas value chain. Engr. Sarki Auwalu, Director and Chief Executive
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INTERVIEW: Oil will remain relevant for more than 50 years — DPR With the quest for renewable energy and other resources, many people think the era of oil is over. But in this interview Engr. Sarki Auwalu, Director/Chief Executive Officer, Department of Petroleum Resources, said it will remain relevant in over the next 50
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By Eyo Nsima Trafigura Group Pte Ltd (Trafigura ), one of the world’s leading independent commodity trading companies, announced the closing of a new US Private Placement transaction, raising USD203.5 million of financing across 5, 7 and 10 year tenors. The transaction was Trafigura’s sixth in this market, and was timed to refinance a USD98
By Eyo Nsima ExxonMobil has made a new oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. According to the company, “Drilling at Uaru-2 encountered approximately
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By Eyo Nsima The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) which took place via teleconference on Tuesday, 27 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation has ended.
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A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum Products (ADITOP) has commended the Nigerian National Petroleum Corporation (NNPC) for its unrelenting efforts to bring sanity into the downstream sector of the oil industry Speaking during a visit to the NNPC Towers Abuja, the
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Sahara Group makes case for increased awareness on occupational safety, health Leading energy conglomerate, Sahara Group has called for increased stakeholder collaboration towards achieving sustained awareness campaigns and interventions that will enhance workplace safety and health across the globe. Adeniyi Ige, Safety Manager at Sahara Group, said employers and employees need to
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Seplat and its Board Chairman win the most profitable company, Board Chairman of the year … As Nigerian Exchange, BusinessDay laud winners at the NIVA Seplat Petroleum Development Company Plc has won the Most Profitable Company (Oil & Gas: Exploration and Production), with Dr. ABC Orjiako, Chairman SEPLAT emerging as the Board Chairman of the