CHEVERON Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL – (“NNPCL/CNL JV”), confirms that CNL is committed to partnership with various stakeholders including the communities neighbouring its areas of operations in the Niger Delta, for sustainable development.
The Italian multinational energy company Eni and the Libyan National Oil Corporation (NOC) discussed the exploratory programs planned for 2024.
The latest report that Nigeria lost $16 trillion to gas flaring in the 10 years to 2022 highlights the prevailing national culture of waste, andd the institutional failures that hamper the country’s development. In its 72nd edition of the ‘Statistical Review of World Energy 2023,’ the Energy Institute detailed how Africa’s largest economy lost the trillions due to natural gas flaring by oil producing companies between 2012 and 2022 despite a national programme decreeing an end to the practice. President Bola Tinubu should decisively stop the ludicrous enterprise on his watch.
Libya’s Oil and Gas Minister, Mohammed Oun, has accused some international oil companies (IOCs) operating in Libya of taking advantage of lax security in the country’s restive oil regions caught in fighting bouts since 2011, slacking off in implementing their development plans and seeking better contractual terms.
Renewable Energy Opportunities for Mauritania, the first IEA report with an exclusive focus on the country, finds strong potential for accelerating sustainable development through clean energy investments
Energy Minister, Dr. Matthew Opoku Prempeh on Tuesday, 21st November, 2023 opened the exhibition component of the 2023 Upstream Local Content Conference and Exhibition in Takoradi.
Mr. Egbert Faibile, the Executive Officer of the Petroleum Commission, has praised the media for their critical role in advancing gains with the country’s Local Content Law.
Eni SpA E has temporarily halted arbitration proceedings concerning an oilfield dispute with Nigeria authorities.
The oilfield, oil prospecting license (OPL) 245, is at the heart of the controversy and is thought to be potentially the largest oil block in Nigeria.
Amid the rising momentum toward sustainable energy, the traditional energy sector continues to offer compelling prospects for investors. Additionally, the ongoing OPEC supply cuts, coupled with geopolitical factors like the Israel-Hamas conflict, may intensify the constraints on oil supply.
An insightful panel discussion during the second day of the MSGBC Oil, Gas&Power 2023 conference and exhibition, sponsored by national industrial and mining company, the Société national industrielle et miniére, featured the participation of regional and international energy leaders and explored the role of natural gas in the global energy landscape.