February 11, 2026
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Oil & Gas

SEPLAT, Sapele Okpe Expand Access to Quality Education with University Teaching Centre

Leave a Comment / EDUCATION, Oil & Gas /

SEPLAT, Sapele Okpe Expand Access to Quality Education with University Teaching Centre   Seplat Petroleum Development Company Plc, the operator of the NPDC/SEPLAT Joint Venture assets, OMLs 4, 38 & 41, in partnership with the Sapele Okpe Community in Delta State, has expanded access to equal and qualitative higher education with the commissioning of the National Open […]

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NNPC rallies industry stakeholders for Upstream Cost Optimization

Leave a Comment / NNPC News, Oil & Gas /

The Nigerian National Petroleum Corporation (NNPC) has called on stakeholders in the oil and gas industry to join in working towards reducing operations cost to achieve the $10 or less per barrel production cost target. A press release by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that the Group Managing

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NGA announces 2021 Industry Multilogue 2

Leave a Comment / The Nation, Oil & Gas /

…President IGU, CEO NLNG, others confirm attendance. The Nigerian Gas Association (NGA) is announcing its Industry Multilogues 2, the 12th biennial International Conference themed “POWERING FORWARD: ENABLING NIGERIA’S INDUSTRIALISATION VIA GAS” slated to hold on Thursday, February 25 and Friday, February 26, 2021, to further discuss pertinent issues towards the actualization of a Gas-powered economy.

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Nigeria’s Petroleum Minister Timipre Sylva to engage investors at Invest in African Energy Reception in London

Nigerians should be ready to pay more for fuel — Minister

Leave a Comment / The Nation, Oil & Gas /

The Minister of State, Petroleum Resources, Chief Timipre Sylva has urged Nigerians to be ready to pay more for fuel as crude oil prices rise in the global market. Speaking at the launch of Nigerian Upstream Cost Optimization Program in Abuja, he said with no provision of subsidy in the 2021 budget, Nigerian National Petroleum

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BREAKING: Nigeria’s Bonny Light price hits $70.15 per barrel

OIL MARKET: Oil price rises to over $61.15 per barrel

Leave a Comment / INTERNATIONAL, Oil & Gas /

.As Nigeria’s Bonny Light price hits $59.46 By Alison Godswill The price of Brent has risen to $61.15 per barrel in the international market as the Organisation of Petroleum Exporting Countries, OPEC and non-members continue to cut supplies to the market. The price of other crudes, including OPEC Basket, West Texas Intermediate, WTI, and the

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BIDDING ROUND: Angola’s Environmental Impact study is desirable — AAOGB

Leave a Comment / Environment, INTERNATIONAL, Oil & Gas /

The Angolan Agency for Oil, Gas, and Biofuels, AAOGB has explained that the planned Environmental Impact study is an essential condition for the country’s bidding. In a statement obtained by The Daily, www.thedaily-ng.com, the agency, stated: “Due to some inaccurate interpretations disseminated in national and international media and also on social media about the work

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Share Capital decrease through treasury shares cancellation

Leave a Comment / Business, Oil & Gas /

On February 8, 2021, the Board of Directors, under the conditions set forth at the Extraordinary Shareholders’ Meeting of May 26, 2017, decided to decrease the share capital of TOTAL SE by way of cancellation of 23,284,409 treasury shares representing 0.88% of the share capital. According to Total, “These shares were repurchased from October 31,

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DPR ISSUES LICENCE TO ESTABLISH FIRST FLOATING LNG PRODUCTION PLANT

Leave a Comment / Oil & Gas /

PRESS RELEASE DPR ISSUES LICENCE TO ESTABLISH FIRST FLOATING LNG PRODUCTION PLANT   The Department of Petroleum Resources (DPR) has issued Licence to Establish (LTE) the first floating LNG production plant for the processing of 176MMcfd natural gas and condensate to UTM Offshore Limited, an indigenous oil and gas company at a presentation ceremony at

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ANGOLA: Total  begins production from Zinia phase 2, developing Block 17

TOTAL, GIG to jointly develop 1.5 GW offshore UK

Leave a Comment / INTERNATIONAL, Oil & Gas /

A 50/50 joint venture between Macquarie’s Green Investment Group (GIG) and Total have been successful in securing rights to a seabed lease in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4. According to Total, “the project, which will be located off the UK’s East Anglian coast, could deliver up to

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