Oil & Gas

Seplat Energy’s gas revenue grows to $63.7 million year-on-year

CORPORATE REPORT: Seplat Energy increases 2023 Q1 Profit before Tax by 3.2% to N39.5bn

By Eyo Nsima Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has increased its unaudited results for the three months ended 31 March 2023, profit before tax by 3.2 per cent to N39.5 billion, from N34.7 billion year-on-year, YoY. The company also […]

CORPORATE REPORT: Seplat Energy increases 2023 Q1 Profit before Tax by 3.2% to N39.5bn Read More »

JUST IN: Oil price hits $77.16 per barrel as OPEC+ meets in Vienna

Joint IEA-IEF-OPEC Workshop: High-level experts meet on the Interactions between Physical and Financial Energy Markets

Joint IEA-IEF-OPEC Workshop: High-level experts meet on the Interactions between Physical and Financial Energy Markets By Eyo Nsima The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC) held the 9th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets. The high-level meeting

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Meet Our African Technical Workshop Session One Speakers

Slated for Day Three of our #NigerianPavilion programme at the Offshore Technology Conference #otc2023, the African Technical Workshop sessions are two. The first which comprise of National Oil Companies, Regulators and Independent Oil Companies in Africa is themed ‘AfCFTA Implementation: Assessing Progress and Impact in the African Oil and Gas Industry’, and will be moderated

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PETAN takes SAIPEC to OTC 2023

The Petroleum Technology Association of Nigeria (PETAN) has concluded plans to host the Sub-Saharan Africa International Petroleum Exhibition and Conference at this year’s edition of the Offshore Technology Conference (OTC) from 1- 4 May 2023 in Houston, Texas. As part of the line-up of activities themed; ‘Energy Transition and AfCFTA: Key Reforms for Sustainable Development

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Savannah Signs Memorandum of Agreement on Warak Hydroelectric Project with Cameroon

By Eyo Nsima Savannah Energy PLC, the British independent energy company focused on the delivery of Projects that Matter is pleased to announce the signing of a Memorandum of Agreement (MOA) by Savannah Energy RCM Limited, a wholly owned subsidiary of Savannah, with the Government of the Republic of Cameroon (the “Government”) for the development

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Canada: TotalEnergies accepts Suncor’s offer for its oil sands assets

By Godswill Odiong Following the spin-off of its Canadian assets, TotalEnergies received several unsolicited offers among which an offer from Suncor Energy Inc. for the acquisition of the entirety of the shares of TotalEnergies EP Canada Ltd; this offer materialized over the last month. Per the signed agreement, Suncor would acquire the entirety of the

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

TotalEnergies announces first interim dividend of €0.74/share for 2023

By Eyo Nsima The Board of Directors meeting on April 26, 2023 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the distribution of a first interim dividend of 0.74 €/share for fiscal year 2023, an increase of 7.25% compared to the three interim dividends paid for fiscal year 2022 and

TotalEnergies announces first interim dividend of €0.74/share for 2023 Read More »

Axxela receives industry award as ‘Nigerian Domestic Gas’ ambassador

Axxela Limited, sub-Saharan Africa’s leading gas & power company, has received an industry award as the ‘Nigerian Domestic Gas’ ambassador in recognition of its strong commitment and support for the advancement of the natural gas sector from the Nigerian Gas Association (NGA). The awards gala, a part of the association’s 13th Biennial International Conference and

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2023 OTC: African energy experts, others to delibrate on regional opportunities

African oil and gas executives and Small Medium Enterprises (SMEs) operators will discuss opportunities for investment in the industry at the forthcoming 2023 Offshore Technology Conference(OTC) in Houston, Texas, U.S. Mrs Jumoke Oyedun, Chief Executive Officer (CEO), New House international Ltd., said this in a statement on Wednesday that the New House International Ltd., an

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Shell, partners lead in PIA implementation – NUPRC

UPDATED: Shell records first oil spill in April 2023 as oil theft bites harder in Niger Delta

By Eyo Nsima Shell Petroleum Development Company, an International Oil Company, recorded its first oil spill in April 2023. The spill, attributed to sabotage occurred at 24” Ogale Bomu Pipeline at Kpite on April 1, 2023, while the Joint Inspection Visit, JIV, was carried out the following day, according to Oil Spill Incident data, obtained

UPDATED: Shell records first oil spill in April 2023 as oil theft bites harder in Niger Delta Read More »

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