Oil & Gas

AGPC raises US$260m to complete ANOH project and drive energy transition in Nigeria

AGPC raises US$260m to complete ANOH project and drive energy transition in Nigeria Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange and the London Stock Exchange, has announced that its Incorporated Joint Venture (IJV), the ANOH Gas Processing Company (“AGPC”), has successfully raised US$260m in […]

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ExxonMobil Launches Investigation Into Near-miss Accident on Hebron Platform

ExxonMobil: Len Fox elected as controller, corporate vice president; David Rosenthal to retire

ExxonMobil: Len Fox elected as a controller, corporate vice president; David Rosenthal to retire By Eyo Nsima The Exxon Mobil Corporation board of directors has elected Len M. Fox as vice president and controller for the company, effective March 1, 2021. Fox will replace David Rosenthal, who is anticipated to retire on or about July

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Shell, partners lead in PIA implementation – NUPRC

OIL SPILL: Shell documents four incidents in January, still counting

OIL SPILL: Shell documents four incidents in January, still counting By Eyo Nsima   Shell Petroleum Development Company Limited, a leading International Oil Company, IOC in Nigeria has already documented four oil spill incidents in the Niger Delta.   According to its report, the company, which is still counting other incidents, said they happened in early January 2021,

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Dangote Refinery exports PMS to Cameroon

DOWNSTREAM: Dangote Refinery reaches 80.3% completion in Nigeria — Report

DOWNSTREAM: Dangote Refinery reaches 80.3% completion in Nigeria — Report   The $12 billion Refinery has reached 80.3 percent completion, according to the Department of Petroleum Resources, DPR. In its latest report obtained by The Daily, http://www.thedaily-ng.com, the DPR disclosed that the plant, located at Lekki Free Trade Zone is blessed with 650,000 barrels per day,

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OPEC plans First Ministerial Roundtable on Energy, Climate and Sustainable Development for oil-producing countries

OIL MARKET: We are cautiously optimistic of rebounce —OPEC

OIL MARKET: We are cautiously optimistic of rebounce —OPEC By Eyo Nsima   The Organisation of Petroleum Exporting Countries, OPEC, has expressed cautious optimism over the possible rebounce of the oil market in 2021. Speaking at the S&P Global Platts Americas Petroleum and Energy Conference, 27 January 2021, HE Mohammad Sanusi Barkindo, OPEC Secretary-General, said: “Nonetheless, we

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How Declaration of Cooperation helped OPEC to stabilise oil market in the past --- Barkindo

How Declaration of Cooperation helped OPEC to stabilise oil market in the past — Barkindo

How Declaration of Cooperation helped OPEC to stabilise oil market in the past — Barkindo   The Secretary General, Organisation of Petroleum Exporting Countries, OPEC, has recounted the effectiveness of the Declaration of Cooperation, DoC, as a strategy in tackling instability in the global market. In his recent presentation obtained by The Daily, www.thedaily-ng.com, HE Mohammad Sanusi

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OIL SPILL: Again, vandals, oil thieves strike Shell twice, still counting

PIB: Niger Delta States need consensus-building to articulate and table their issues in a compelling and unified manner — SPACES FOR CHANGE

By Godswill Odiong The oil and gas communities have been urged to make presentations and build consensus, targeted at ensuring that their demands are reflected in the nation’s Petroleum Industry Bill, PIB. Speaking at the just-concluded virtual engagement organized by The Daily, www.thedaily-ng.com targeted at increasing awareness, the Executive Director, SPACES FOR CHANGE, S4C, Victoria

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SPACES FOR CHANGE reacts as President Buhai assents to Petroleum Industry Act

PIB: Oil firms still worry about tax regime, demand a 5-year tax holiday, others — SPACES FOR CHANGE

By Godswill Odiong The Executive Director, SPACES FOR CHANGE, S4C, Victoria Ibezim-Ohaeri⁩, has observed that the International Oil Companies, IOCs, and other operators, have remained unchanged in their demand as far as Nigeria’s Petroleum Industry Bill, PIB, is concerned. Ibezim-Ohaeri, who was the Guest speaker, at the virtual engagement organized by The Daily, www.thedaily-ng.com targeted

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NDPR : The Giant Oil, Gas Strides

FG targets 35,000 jobs as NCDMB, NNPC stake $670m in Brass Methanol Plant

The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC), and DSV Engineering on Friday signed the Final Investment Decision (FID) for the construction of 10,000 tonnes/day methanol production plant by the Brass Fertiliser and Petrochemical Company Ltd (BFPCL), committing equity investment of US$670m. The facility would be the largest methanol

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