Tag: ENERGY

NLNG Joins U.N. Group To Reduce Methane Emissions, Pursues Decarbonisation
Energy

NLNG Awards 10 Overseas Post-Graduate Scholarships In 2022

By Olatunde Dodondawa Nigeria LNG Limited (NLNG) on Monday in Port Harcourt awarded post-graduate scholarships to ten (10) Nigerians to pursue Masters’s degrees at universities in the United Kingdom. The scholarships were awarded at the 2022 NLNG Post-Graduate Scholarship Scheme (PGSS) Award Ceremony by Mr. Andy Odeh, NLNG’s General Manager, […]

McKinsey & Company projects massive growth for Seplat Energy, others as Africa’s energy demand soars
Energy

McKinsey & Company Projects Massive Growth For Seplat Energy, Others As Africa’s Energy Demand Soars

 By Olatunde Dodondawa … Divestment opportunities abound for Seplat Energy, others Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, as well as other energy producers in Africa, is projected to grow more given the rising demand for […]

Energy

ExxonMobil, Seplat Deal Win-Win For Economy – Mackenzie

By Shakrullah Odunsi The recent disclosure by Seplat Energy Plc on February 25 of an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of ExxonMobil, Wood Mackenzie, a trusted intelligence provider that empowers decision-makers with unique insights on the world’s natural resources, in […]

Oil Prices Stable as US Sanctions Against Iran Nears
Energy

More Revenue For Nigeria As Oil Price Rises Above $90

…Price may hit $120/barrel By Shakrullah Owolabi Nigeria may surpass its oil revenue target for 2022 if the current oil price level of over $90 per barrel is sustained in the months ahead. The development signals more revenue inflow for Nigeria as this is about $35.44 a barrel over its […]

Chevron seeks stakeholders
Energy

Chevron posts $15.6bn best earnings since 2014

By Shakrullah Owolabi U.S supermajor, Chevron has posted full-year 2021 earnings of $15.6 billion, compared to a loss of $5.5 billion in 2020. The oil firm also booked strong cash flow from operations of $29.2 billion and record free cash flow of $21.1 billion last year. Chevron’s net oil-equivalent production […]

Nigeria may lose $6bn to oil theft in 2022
Energy

Nigeria may lose $6bn to oil theft in 2022

By Shakrullah Owolabi Nigeria may lose about $6 billion to oil theft in 2022. The gloomy news was disclosed by Socio-political analyst and commentator, Dr. Ugoji Egbujo, in an article titled, The Petrol Subsidy Quandary: The Devil or the Deep Blue Sea? Egbujo hinted that our parlous state is complicated […]

Sahara Group Moroti Adedoyin-Adeyinka, Exectuive Director.jpg
Energy

AOW 2021: Sahara Group advocates measured transition in Africa’s upstream sector

By Olatunde Dodondawa A strong delegation from leading energy conglomerate Sahara Group will canvass the adoption of an “Africa appropriate” transition agenda in the continent’s upstream sector at the Africa Oil Week in Dubai, Executive Director, Moroti Adedoyin-Adeyinka has said. Adedoyin-Adeyinka said the event which kicks off on November 8 […]

NNPC Disclaims Fake 50th Anniversary Quiz Contest, Warns General Public
Energy

NNPC Cautions Against Panic Buying Of Petroleum, Assures Of Adequate Products Supply

By Olatunde Dodondawa NNPC CAUTIONS AGAINST PANIC BUYING, ASSURES OF ADEQUATE PRODUCTS SUPPLY The Nigerian National Petroleum Corporation, NNPC, has assured of adequate stock of petroleum products in the wake of the festive period. The assurance is contained in a statement issued in Abuja, today Tuesday by Garba Deen Muhammad, Group […]