OPEC Daily Basket – January 18, 2021 OPEC daily basket price stood at $53.92 a barrel Monday, 18 January 2021, compared with $54.68 the previous Friday https://www.opec.org/opec_web/en/press_room/6291.htm
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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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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
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 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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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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JUST IN: Japan, China, Korea, Mexico remain Australia’s major LNG destinations Four countries – Japan, China, Korea, and Mexico remain Australia’s major Liquefied Natural Gas, LNG destinations, according to Energyquest’s report. According to the report obtained by The Daily, www.thedaily-ng.com, “Japan once again was Australia’s top export destination with 30.3 Mt (38%) of Australian export volume,
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LNG: How Australia exported 78.0 MT 2020 — Report By Eyo Nsima Australia, a leading Liquefied Natural Gas, LNG nation exported 78.0 MT of LNG in 2020, according to a report by EnergyGuest. The report obtained by The Daily, www.thedaily-ng.com, stated: “EnergyQuest estimates that Australia exported a record 78.0 Mt of LNG in 2020,
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NNPC records $120.49m Crude Oil Receipt in September The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020. A press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru, stated
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LNG: Australia exported 71.5 Mt in 11 months Australia, a leading LNG nation, exported 71.5 million tonnes, MT, of LNG in the first 11 months of 2020. The EnergyQuest report obtained by The Daily, www.thedaily-ng.com, stated that, “In the 11 months to the end of November Australia exported 71.5 Mt, 1.2 Mt up on the 70.3 Mt exported
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