President Bola Ahmed Tinubu today dispatched a high-powered delegation to the Niger Delta for stakeholder engagements and on-the spot assessment of the fight against crude oil theft in the Niger Delta. The delegation led by the Honourable Minister of Defence comprised of the Honourable Ministers of State for Defence, Honourable Minister of State for Petroleum […]
DOWNSTREAM: Port Harcourt Refinery to be back December 2023 — Minister of state By Eyo Nsima The Federal Government has reiterated its commitment to ending petroleum product importation soon, as efforts are being redoubled to restore the nation’s local refining capacity. This was made known by the Minister of State for Petroleum Resources (Oil), Senator
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How TotalEnergies acquires a 40% interest in a CO2 Storage exploration license TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the “Luna” project). Located 120 km offshore Bergen in
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The Board of Directors and Management of Nigeria LNG Limited paid a courtesy visit to the President of the Federal Republic of Nigeria, His Excellency, President Bola Ahmed Tinubu, at the Presidential Villa in Abuja. During the visit, Chairman, NLNG Board, HRM King Edmund Daukoru, CON, expressed profound gratitude to President Tinubu for his unwavering
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In line with contemporary good practices on Diversity, Equity and Inclusion (‘DEI’), the Nigerian Gas Association (‘NGA’) has established a DEI Study Group. This Study Group will champion the NGA’s drive for a more diverse, equitable, and inclusive oil and gas industry in Nigeria and in so doing, help to interrogate the status quo, identify
Today, Seplat Energy Plc and the Edo State government have agreed to deepen their partnership towards improved social, economic and environmental development. This was part of the discussions during a courtesy visit to the Executive Governor of Edo State, Godwin Obaseki by a team of Seplat board and management, led by the Chairman, Basil Omiyi.
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TotalEnergies acquires 26% interest in the Cash-Maple gas discoveries TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26%
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GAS DEVELOPMENT: Tinubu expresses commitment to NLNG By Our Correspondent President Bola Tinubu has expressed commitment to the development of Nigeria Liquefied Natural Gas (NLNG) Limited, NLNG. The President expressed the commitment during the meeting with the board and management of the company, led by Edmund Daukuru, NLNG board chairman and king of Nembe
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The Nigeria Liquefied Natural Gas Limited has said gas production from its plant in Bonny Island, River State, is still active. It debunked reports which earlier alleged that the continued shutdown of operations by NLNG was a looming danger to the country’s annual production of 22 million tonnes of gas. In a statement, Andy Odeh,
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BREAKING: Forcados terminal makes first oil export since July By Eyo Nsima Forcados terminal, Nigeria has started the process of shipping over 200,000 barrels of crude oil to the global market, the first since July 2023 when the facility was shut down for maintenance after ‘fumes’ were noticed. Checks by The Daily, www.thedaily-ng.com confirmed that operations resumed
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