Oil & Gas

Heritage Energy commences scholarship intake process for OML 30 host communities

By Eyo Nsima Heritage Energy Operational Services Limited (HEOSL), Operator of the OML 30 joint venture between NNPC Exploration and Production Limited (formerly NPDC) and Shoreline Natural Resources Limited (SNRL) has announced the commencement of the OML 30 Scholarship Intake Process for indigenes of its host communities. The intake process will run from August 19 […]

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PIA: BudgIT examines progress, urges FG to ensure timely implementation

After over two decades, the Petroleum Industry Act (PIA) finally became law when President Muhammadu Buhari signed it in August 2021. Recall that the PIA is meant to promote transparency, good governance, and accountability in Nigeria’s petroleum resources administration and encourage local cum foreign investments. However, despite these expectations, the PIA has been met with

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Eterna reaffirms commitment to expanding gas usage in Nigeria, invests more than N20m in CSR in the last two years

Eterna PLC, a leading integrated energy provider in the country says it is investing in the deployment of Liquefied Petroleum Gas (LPG) skids across some of its retail outlets in the country. The newly appointed Managing Director/Chief Executive Director of Eterna PLC, Mr Benjamin Nwaezeigwe said this at a news briefing in Lagos. Prior to

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GAS DEVELOPMENT: Savannah Energy signs Gas Sales Agreement with Notore Chemical Industries PLC

By Eyo Nsima Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, has signed a new Gas Sales Agreement with Notore Chemical Industries PLC (Notore). In a statement obtained by The Daily, www.thedaily-ng.com, the company stated: “Savannah Energy PLC, the British independent energy company focused around

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JUST IN: SON presents ISO 9001: 2015 Certification to Techno Oil Limited

Breaking: SON presents ISO 9001: 2015 Certification to Techno Oil Limited

Breaking: SON presents ISO 9001: 2015 Certification to Techno Oil Limited By Eyo Nsima The Standards Organisation of Nigeria, SON, has concluded plans to present the ISO 9001: 2015 Certification to Techno Oil Limited at its Head office in Lagos today. The planned presentation followed the company’s continued compliance with best practices and international standards.

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CNL decries the circulation of false recruitment information

We are committed to environmental protection, community development, and others — Chevron

We are committed to environmental protection, community development, and others — Chevron By Eyo Nsima Chevron Nigeria Limited, CNL, a leading international energy company, has demonstrated a strong commitment to environmental protection and community development in its areas of operation. In its 2021 Social Responsibility Report obtained by The Daily, www.thedaily-ng.com, CNL, stated that this

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Chevron wins a bid in 2025 licensing round in Nigeria

UPSTREAM: We are one of the largest oil and gas producers making significant investments in Nigeria — Chevron

UPSTREAM: We are one of the largest oil and gas producers making significant investments in Nigeria — Chevron By Eyo Nsima Chevron Nigeria Limited, CNL remains one of the leading oil and gas producers that has made significant investments in Nigeria for over 60 years. Some of the investments included deepwater, gas development, and the

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

Oil market: Nigeria’s crude, others suffer setback on China’s negative data

By Eyo Nsima THE prices of crudes, including Nigeria’s Bonny Light, have dropped to an average of $90 per barrel, from $100 per barrel in the global market, due to speculation driven by the negative Chinese data. In its July 2022 economic data, obtained by The Daily, www.thedaily-ng.com, the China Central Bank, harped on the

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PIND, CNL partner with IRDC to electrify Ondo riverine communities

CSR: We continue to work with host governments, communities, employees, others, deliver safe, reliable & efficient energy — CNL

By Eyo Nsima Chevron Nigeria Limited, weekend, restated its commitment to working with stakeholders, including host governments, communities, our employees, and business partners in order to deliver safe, reliable, and efficient energy local and global market. According to the company, this followed its realization that business success is tied to society’s progress. In his message

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NNPC, Shell, others renew deep-water oil mining leases

By Eyo Nsima The Federal Government has renewed the Oil Mining Leases, OML, for OML 125, 130,133, 132, 138, with the Nigerian national Petroleum Company Limited and its partners for another 20 years. The renewal of the Production Sharing Contracts, for the fields would culminate in the production of about 10 billion barrels of crude

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