By Eyo Nsima The Organization of Petroleum Exporting Countries, OPEC, and its allies, have increased Nigeria’s oil quota to 1.830 million barrels per day, mb/d in September 2022 from 1.826 mb/d in August 2022. This was one of the decisions decision at the 31st OPEC and non-OPEC Ministerial Meeting, held via videoconference, yesterday. A look […]
Oil market: OPEC+ increases Nigeria’s oil quota to 1.830 million bpd Read More »
By Eyo Nsima A leading indigenous energy company, Seplat Energy Plc, has pledged to supply adequate energy mix to enhance the growth of Nigeria’s economy. The company also expressed its commitment to making positive social impacts while contributing to Nigeria’s achievement of the United Nations’ Sustainable Development Goals (SDGs). Mr. Effiong Okon, the Director, New
Seplat Energy commits to supplying adequate energy mix for Nigeria’s growth Read More »
By Eyo Nsima The Nigerian Content Development and Monitoring Board (NCDMB) has commended TotalEnergies Exploration and Production Nigeria Limited for embarking on infrastructural upgrade of the Government Technical College (GTC), Rivers State. The projects include the construction of technical workshop, 200-bed hostel, and 25-blocks classroom and are in fulfillment of TotalEnergies’ commitment to the NCDMB’s
Natural Energy, Women in Energy Oil and Gas plan Trade Mission to Belize By Eyo Nsima Belize Natural Energy Limited (BNE) and Women in Energy Oil and Gas have concluded plans to embark on a trade mission to Belize. The trade mission to the Caribbean country, located on the northeastern coast of Central America, is
Natural Energy, Women in Energy Oil and Gas plan Trade Mission to Belize Read More »
Energy and Infrastructure, Sahara Group has said the 2022 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers should lead the conversation of exploring best possible policies and partnerships to propel seamless energy transition for Africa. Themed Global Transition to Renewable and Sustainable Energy and the Future of Oil and Gas in
By Eyo Nsima Contrary to speculation, Chevron Nigeria Limited (CNL), operator of the Nigeria National Petroleum Corporation (NNPC)/CNL Joint Venture, has denied its involvement in recruitment. In a statement obtained by The Daily, www.thedaily-ng.com, the company, stated: “Chevron Nigeria Limited (CNL), operator of the Nigeria National Petroleum Corporation (NNPC)/CNL Joint Venture, is aware of the
FAKE RECRUITMENT: CNL decries the circulation of false information Read More »
By Eyo Nsima The Founder and Executive Chairman of AA Holdings, Mr. Austin Avuru has expressed hope that his books – My Entrepreneurship Journey, A Safe Part of Hands and Politics, Economics and the Nigerian Petroleum Industry – would be presented o the public in future. The Abuja High Court had issued an injunction suspending
BOOK PRESENTATION: We shall assemble in future when permitted — Avuru Read More »
By Our Correspondent FPSO SEA EAGLE has experienced a serious water ingress in Warri, Nigeria, according to FleetMon. It stated: “FPSO SEA EAGLE reported water ingress on Jul 24, she’s positioned in EA field southwest of Warii, Nigeria. As of morning Jul 29, there weren’t yet detailed and timely updates, to figure out what happened,
MARITIME ACCIDENT: FPSO taking on water in Gulf of Guinea Read More »
By Eyo Nsima Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has reported a rise of 238 per cent in its half year 2022 profit before tax (PBT) to $209.9 million, from $62.1 million year-on-year. In the company’s unaudited results for the six
Seplat Energy grows Q2 Profit Before Tax 238% to $209.9m Read More »
The Ivorian National shores welcomed a whiff of clean energy as SAPET GAS, the pioneer Liquefied Petroleum Gas (LPG) vessel to be named under Ivorian origin and carry the national flag, made its historic maiden voyage to Cote D’Ivoire. Commissioned last May in Ulsan, South Korea, the 23,000 cubic meter capacity vessel which cost CFA
