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Savannah Signs Memorandum of Agreement on Warak Hydroelectric Project with Cameroon

Leave a Comment / Oil & Gas, INTERNATIONAL / Godswill Odiong

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

Leave a Comment / Oil & Gas, INTERNATIONAL / Godswill Odiong

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 announces first interim dividend of €0.74/share for 2023

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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

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Axxela receives industry award as ‘Nigerian Domestic Gas’ ambassador

Leave a Comment / Oil & Gas / Godswill Odiong

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

Leave a Comment / INTERNATIONAL, Oil & Gas / Godswill Odiong

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

Leave a Comment / Shell News, Oil & Gas / Godswill Odiong

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

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COUNTDOWN: 131 Days After U.S.-Iran War, Geopolitical Risks Keep Brent Crude Near $80

OIL MARKET: Prices of crudes hover at more than $80.15 per barrel

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By Eyo Nsima Despite limited supply, the prices of crudes continue to hover at more than $80 per barrel in the international oil market. Data released by the American Petroleum Institute (API) indicated that oil inventories in the United fell this week by 6.083 million barrels, thus fuelling limited supply and high prices. Specifically, the

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GWEC and EnergyNet enter into Partnership in Anticipation of Wind Energy Growth Across Africa

Leave a Comment / Local content, Oil & Gas / Godswill Odiong

The Global Wind Energy Council and EnergyNet (https://www.EnergyNet.co.uk), the organisers of the Africa Energy Forum, have entered into a partnership that offers Africa’s wind energy industry a crucial platform to advocate for the technology as part of Africa’s present and future energy mix. As such, GWEC’s Africa WindPower initiative, supported by www.GET-invest, has been made

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

Leave a Comment / Oil & Gas, Shell News / Godswill Odiong

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Sahara Group Delivers spectacular Saharalympics, signs Dan ‘The Bull’ Amokachi

Sahara Group advocates backward integration to bolster energy sector sustainability

Leave a Comment / ELECTRICITY NIGERIA, Oil & Gas / Godswill Odiong

Deploying seamless backward integration in the energy sector will foster growth and sustainability enabled by improved efficiencies, innovation, upgrade in local expertise and participation, and the collaboration of host communities in operations across the value chain, Ejiro Gray, Director, Governance and Sustainability has said. Gray who addressed journalists at the 6th Nigeria International Energy Summit

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