Regional prices of crude oil pumped in Western Canada and in North Dakota have risen this week to lower their discounts to the U.S. benchmark, WTI Crude, after freezing winter temperatures disrupted crude flows from Alberta’s oil sands and the…
The people of Enugu Akwu Achi in Oji River Local Government area of Enugu State have commended the kind gesture by one of their illustrious sons, Mr. Victor Anyaegbudike, a staff of Chevron Nigeria Limited, who on Thursday, January 6,…
Heirs Holdings has issued a tender for work on the Elelenwa multi-phase pump gathering station, on OML 17 in Nigeria. The tender is coming close to a year after the firm bought 45 per cent stake in the licence from…
Charcoal sellers are making huge sales in Enugu, as most residents of the city, have virtually dumped their cooking gas cylinders. The high cost of cooking gas, which currently sells for between N650 and N750 per litre in Enugu, has…
By Uthman Salami TotalEnergies EP Nigeria limited has announced the appointment of Mr. Frederick Asasa as Chief Financial Officer and member of the company’s Corporate Executive Committee (EXCOM) with effect from January 1st, 2022. This announcement was contained in a…
Chevron Corporation is hoping to explore new upstream oil fields while also deepening productions from producing assets as it announced announced a 2022 organic capital and exploratory spending program of $15 billion, at the low end of its $15 to $17 billion guidance range and up…
Shell is placing more oil assets in Nigeria on sale with at least five Nigerian oil and gas companies preparing to submit bids this month for its onshore oilfields. The deal is estimated to fetch up to $3 billion, three sources involved…
…Targets 30GW power capacity by 2030 South Korea has budgeted about $12.4 million to finance the installation of solar mini-grids in rural areas of Nigeria. The project, led by the Korea Institute for Technological Advancement (KIAT), is scheduled to commence…
…Says they have no knowledge of power, engineering …FG should sack DisCos across regions —Bala Zaka By Uthman Salami and Seth Akanni President, Muhammadu Buhari has declared those managing Distribution Companies (DisCos) across as mere political appointees who lack knowledge…
The Organisation of Petroleum Exporting Countries, OPEC and non OPEC allies collectively known as OPEC+ have raised its output target by 400,000 barrels a day from February. The move had been broadly expected given U.S pressure to boost supply and…
