DPR SET TO FLAG-OFF ALTERNATIVE DISPUTE RESOLUTION CENTRE The Department of Petroleum Resources (DPR) is set to flag-off the oil and gas industry Alternative Dispute Resolution Centre (ADRC) with the inauguration of the advisory Council and body of neutrals in Lagos on Thursday 15th April, 2021. The ADRC is one of the centres in the […]
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Sahara Tanzania expands petroleum product storage capacity to 72m litres Sahara Tanzania Limited, a Sahara Group company, has expanded its storage capacity for petroleum products to 72 million litres in line with its commitment to promoting the availability and reliability of top-quality products in Tanzania and other neighbouring African countries. “Since our Tanzania
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Imo State Governor, Uzodinma, commends Shell’s promotion of community contractors for infrastructure projects The Governor of Imo State, Senator Hope Uzodinma, has commended Shell Petroleum Development Company’s (SPDC) commitment to the development of infrastructure and human capital in communities hosting the Assa North Gas Development Project in the state. The Governor also endorsed the
OPEC Daily Basket – April 9, 2021 OPEC daily basket price stood at $61.14 a barrel Friday, 9 April 2021, compared with $61.22 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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World oil demand to grow by around 6 mb/d in 2021 — OPEC By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has said that the global demand will increase by around six million barrels per day, bp/d in 2021. In his speech at the International Monetary and Financial Committee Meeting, April 8, 2021, via videoconference, obtained by The
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Total begins production of aviation fuel in France The total has begun producing sustainable aviation fuel (SAF) at its La Mède biorefinery in southern France and its Oudalle facility near Le Havre. The bio-jet fuel, made from used cooking oil, will be delivered to French airports starting in April 2021. Total will also be
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SPACES FOR CHANGE condemns SPDC, Chevron oil spillages SPACES FOR CHANGE has condemned two recent reported oil spillages in the Niger Delta of Nigeria. In a statement obtained by The https://thedaily-ng.com, the organization stated: “SPACES FOR CHANGE | S4C condemns the reported oil spillages at Shell Petroleum Development Plc (SPDC) facility at Agbura-Otuokpoti community, Yenagoa, Bayelsa State, and another
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HUTCHINSON: Helene Moreau-Leroy appointed chairman and CEO Hélène Moreau-Leroy, 56, has been appointed Chairman and Chief Executive Officer of Hutchinson, succeeding to Jacques Maigné. After graduating from the INSA grande école in Lyon and obtaining an MBA in international business from the University of New England in Australia, Hélène Moreau-Leroy began her career as
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Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has outlined its timetable for the evaluation of its ongoing 2020 bid round, as interest in the acreage on offer continues to grow. In line with its statutory duties as national concessionaire in charge of the attribution of petroleum exploration blocks, the ANPG has sought to adjust
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Oil price to drop as OPEC output rises By Eyo Nsima There are indications that oil prices might drop further as huge Iranian oil enters the volatile international market. According to Oilprice.com, “A large increase in Iranian oil production pushed overall OPEC oil output higher in March compared to February, the monthly Reuters survey found
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