Shell, Exxon launch sale of major Dutch gas venture, sources say
Innocent ObasiSeptember 7, 2022
By Innocent Obasi The 50-50 NAM joint venture between ExxonMobil and Shell, two of the supermajors, in the Netherlands has been put up for sale, with the companies aiming to get over $1 billion for one of Europe’s biggest and oldest natural gas production companies, Reuters reported on Tuesday citing two industry sources. […]
Abuja DisCo deploys meter-on-wheels, urges customers to safeguard power assets
Innocent ObasiSeptember 6, 2022
By Innocent Obasi One of Nigeria’s 11 electricity dstribution companies (DisCos), Abuja Electricity Distribution Company (AEDC), said it has deployed Meter-on-Wheels and mobile Meter Assets Provider (MAP) initiatives to enable customers purchase meters right away without having to wait for months. Donald Etim, chief marketing officer of AEDC, stated at a town hall meeting with electricity […]
Nigeria seeks cooperation with Korea to address energy challenges
Innocent ObasiSeptember 6, 2022
By Innocent Obasi Nigeria is willing to explore partnership opportunities with South Korea in areas that will help to address the country’s energy issues, according to Goddy Jedy-Agba, minister of state for power. The minister, who received a delegation led by Lyeo Woon-Ki, president of Korea-Africa Foundation (KAF), in his office in Abuja, said […]
G7 considering Russian oil price cap ‘urgently’ to limit Moscow’s revenues
Habeeb AdamuSeptember 3, 2022
By Habeeb Adamu The G7 industrialised powers on Friday said they would “urgently” move towards the implementation of a price cap on Russian oil imports in order to stop Moscow from raking in huge profits from soaring energy prices, a major source of funding for its war in Ukraine. Finance ministers from the Group of […]
Shell seals $1bn LNG sales deal with ZIM
Innocent ObasiSeptember 2, 2022
By Innocent Obasi Oil major Shell has sealed a 10-year sales and purchase agreement with Israeli-based shipping line, ZIM Integrated Shipping Service, for the supply of liquified natural gas (LNG) and for 10 LNG-powered newbuild containerships which will operate between Asia and the United Securities Equity Corp (USEC) trade. The agreement signed between ZIM and Shell […]
Chevron opens Q&A series for shareholders with CFO Breber
Innocent ObasiSeptember 1, 2022
By Innocent Obasi Chevron Corporation, one of the world’s leading integrated energy companies, on Wednesday announced the launch of Chevron Exchange Q&A Series. The Q&A Series, Chevron said, will kick off 15 September, 2022 with a virtual fireside chat with Pierre Breber, chief financial officer of the company. A collaboration with Say Technologies, the Chevron Exchange Q&A Series will provide a platform for receiving and […]
WiSolar launches prepaid solar electricity platform for Nigeria, South Africa
Onome AmugeAugust 24, 2022
WiSolar, a South Africa-based renewable energy company, has announced the launch of WiGo, its hybrid prepaid solar electricity platform designed for Nigerian and South African users. WiGo is a hybrid prepaid solar electricity app for WiSolar, a green digital utility, simplifying the delivery of solar electricity and making clean electricity easily accessible and as commonplace […]
Heritage Energy begins intake process for 2022 OML30 communities scholarships
Innocent ObasiAugust 23, 2022
By Innocent Obasi Heritage Energy Operational Services Limited, is the operator of the OML30 JV between NNPC Exploration and Production Limited (previously NPDC) and Shoreline Natural Resources Limited (SNRL), has begun its scholarship intake process for indigenes of OML30 host communities in the Niger Delta region. The intake process began on 19 August 2022 and will run until 19 November 2022 […]
Seplat Energy empowers additional 300 teachers through STEP initiative
Anita OkoroAugust 19, 2022
By Anita Okoro Seplat Energy Plc, a leading Nigerian independent energy company, has kicked off the 3rd edition of its Seplat Teachers Empowerment Programme (STEP) in Benin City, Edo State, empowering a total of 300 teachers from both Edo and Delta States. Launched in 2022, the STEP initiative seeks to promote teachers’ creative thinking, allow […]
Savannah Energy, Notore Chemical sign new gas agreement
Anita OkoroAugust 17, 2022
By Anita Okoro Savannah Energy plc’s 80 percent indirectly owned subsidiary, Accugas Limited, has entered into a new gas sales agreement (GSA) with Notore Chemical Industries plc. In line with the agreement, Accugas will supply Notore with up to 10 MMscfpd of gas to augment its current supplies. The contracted supply is on an interruptible […]