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Wednesday, December 6, 2023

Shell warns against oil output cut, says World desperately needs oil

Wael Sawan insisted that the world still "desperately needs oil and gas" as moves to renewable energy were not happening fast enough to replace it.


Nigeria will support Waltersmith refinery- Minister

He said: “I just wrapped up an insightful tour of Waltersmith Petroman Oil Limited's Modular Refinery in Ohaji-Egbema, Imo State and I am grateful for their commitment to local content development in petroleum production.

N180bn debt: NDPHC is committed to ‘light up Nigeria’ initiative – Ugho

“The initiative will ensure that investment is mobilized for end-to-end solutions that will guarantee that electricity is delivered to customers and NDPHC is paid for the electricity generated”


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That Inflammable Battle Between Fuel Depot Owners and the Cardoso Family

There is a strong allegation of threat to the eight petroleum depots and other oil and gas facilities at Kirikiri Town, Apapa, in Apapa Local Government Area of Lagos state.

Sahara Group’s FIPL signs, GE sign 8-year gas turbine maintenance contact 

According to the Chief executive officer, FIPL, Dr. Kenechukwu Nwangwu, the strategic partnership was signifying a major milestone in FIPL’s mission to provide reliable and efficient power generation to Nigerians.

NAPE 2023 conference: NNPC bags Best innovative company award 

The award, which was in recognition of the outstanding performance of NNPC Ltd., was presented to the Company at the closing ceremony of the Association's 2023 Conference & Exhibition, held in Lagos.

Eni, Luiss University Launch International Network on African energy transition

Eni is supplying energy efficient cookstoves (e.g., Mozambique, Congo, Côte d'Ivoire, Kenya, among others); integrating the African countries into the biofuel value chain (e.g. Kenya, Mozambique, Congo, Côte d'Ivoire, Rwanda, among others); investing on the creation of research centers focused on new energies (e.g. Oyo in Congo, Solar Lab in Algeria, among others); powering water wells through photovoltaics in partnership with international agencies (e.g. Nigeria); investing in educational programs focused on the energy sector and upskilling (e.g. Egypt, Mozambique, Côte d'Ivoire, and others).

Wabote warns against importation of crude oil to feed refineries

He bemoaned Nigeria’s low production of crude oil and gas despite the abundant reserves and challenged members of the Nigerian Association of Petroleum Explorationists (NAPE) and other industry stakeholders to initiate efforts to reversethe situation.



...Shell Director Hails Tinubu's Strong Start, Positive Reforms President Bola Ahmed Tinubu has assured the business community of his government's commitment to policy consistency and...