September 15, 2024
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Oil & Gas

Cooking gas consumption in Nigeria rises by 60.5%  --- PPPRA

Cooking gas consumption in Nigeria rises by 60.5%  — PPPRA

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Cooking gas consumption in Nigeria rises by 60.5%  — PPPRA   The Petroleum Products Pricing Regulatory Agency, PPPRA, said over one million metric tonnes (mt) of Liquefied Petroleum Gas was consumed in 2020. In a statement obtained by The Daily, http://www.thedaily-ng.com, the Executive Secretary, Abdulkadir Saidu, disclosed that 840,594.37 MT of LPG was consumed in 2019, thus indicating an […]

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$1.1bn OML 17 investment to benefit FG, communities, Nigeria’s economy — TNOG

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$1.1bn OML 17 investment to benefit FG, communities, Nigeria’s economy — TNOG   THE $1.1 billion Oil Mining License, OML 17 deal undertaken by TNOG Oil and Gas Limited, a related company of Heirs Holdings and Transcorp would be beneficial to the Federal Government, communities and the entire nation’s economy. Chief Finance Officer, TNOG, Samuel

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Senegal, home of West African Gas Megaprojects, hosts major energy transition event

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It will showcase the region’s investment appeal as one of the most exciting energy hotspots in Africa, with major hydrocarbons discoveries and vast renewable potential MSGBC Oil, Gas and Power 2021, organized by Africa Oil & Power under the auspices of H.E. President Macky Sall, will be held on 26-27 October 2021, in Dakar; This

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

Total issues hybrid bonds to finance development strategy

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Total issues hybrid bonds to finance development strategy   Total SE has successfully issued perpetual subordinated bonds in the amount of €3 billion for the funding of development strategy in the company.   According to the company, €1.5 billion at 1.625% coupon for the tranche with a 7 year first call date, while €1.5 billion at

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South Africa’s Energy Ministry Has His Priorities Right; It’s Time for the World to Respect Them

It’s time to rethink licensing rounds: For Africa’s oil- and gas-producing Countries, negotiating the current environment may require negotiation

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While the details vary by country, the licensing round process has, in general, become too prone to delays and uncertainty By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) In late 2019, as the African oil and gas industry was looking to the future with optimism, Offshore Engineer wrote that the continent was had reason

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Chevron Nigeria Limited restates commitment to Nigeria. 

No oil spill from our facilities — Chevron

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No oil spill from our facilities — Chevron Chevron Nigeria Limited, a leading International Oil Company, IOC, has debunked rumors of the oil spill in Bayelsa State, Nigeria. In a statement obtained by The Daily, http://www.thedaily-ng.com, the company stated: “Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL

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Total completes sale of its interest in OML 17, Nigeria

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Total completes sale of its interest in OML 17, Nigeria Total has completed the divestment of its 10% interest in onshore Oil Mining Lease (OML) 17 to the Nigerian company TNOG Oil & Gas Limited, a related company of Heirs Holdings Limited and of Transnational Corporation of Nigeria Plc (Transcorp), for about $180 million, out

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

Total to acquire Adani’s 25 interest in the largest solar developer in the world

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Total to acquire Adani’s 25 interest in the largest solar developer in the world Total has announced the acquisition of a 20 percent minority interest in Adani Green Energy Limited (AGEL) from Adani Group. The transaction marks the deepening partnership between the Adani Group – India’s leading infrastructure platform – and Total, in the transition

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