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, […]
Tag: ENERGY
Sylva, Kyari, Komolafe, Wabote, Others To Brainstorm On Energy Transition
By Olatunde Dodondawa The Minister of State for Petroleum Resources, Chief Timipre Sylva, and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kolo Kyari, would at the Annual International Conference of Association of Energy Correspondents of Nigeria (NAEC) on August 25, 2022, lead […]
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 […]
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 […]
NLNG Deputy MD, Sadeeq Mai-Bornu, Ends Tenure, To Hand Over To Olalekan Ogunleye
By Olatunde Dodondawa The Board of Directors of Nigeria LNG Limited (NLNG) has approved the appointment of Mr. Olalekan Olufemi Ogunleye as successor to Engr. Sadeeq Mai-Bornu as Deputy Managing Director of the Company. Engr. Mai-Bornu, appointed by the NLNG Board in April 2016, will return to his parent company, […]
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 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
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 […]
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 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 […]