n its avowed bid to drive and grow sustainable investments in Nigeria’s upstream for energy security, national economic development, and return value to all stakeholders, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday met in Lagos with members of the Oil Producers Trade Section (OPTS) and Independent Petroleum Producers of Group (IPPG) to fine-tune strategies for the year 2024 and beyond.
Now, green hydrogen can be produced and used in Nepal. A meeting of the Council of Ministers held on Wednesday passed a policy to allow the production and use of green hydrogen.
According to Industry, Commerce and Supplies Minister Ramesh Rijal, Wednesday’s meeting passed the policy to allow the production and use of green hydrogen.
THE Dangote Petroleum Refinery, regarded as the world’s largest single-stream refinery constructed in Lagos, Nigeria, has produced its first batch of refined petroleum products.
This was stated in a press release issued by the refinery’s owner company, Dangote Petroleum Refinery, on the social networking site X (formerly Twitter).
British multinational oil and gas company Shell has decided to sell The Shell Petroleum Development Company of Nigeria Limited (SPDC) – which owns onshore oil assets in Nigeria’s Niger Delta region – to a consortium comprising mostly local energy players ND Western, Aradel Holdings Plc, First E&P, the Waltersmith Group, Petroleum Development Company Limited and Petrolin. The transaction is measured at $1.3 billion, with further payments of up to $1.1 billion set to be made. The sale will come into effect following the relevant approval from government.
The decision by Shell, a global energy giant, to exit its onshore business in Nigeria has sent shockwaves through the country’s oil and gas industry, casting a spotlight on local firms and raising questions about the future of the industry.
Brazilian oil and gas major Petrobras – together with partners Shell Brasil, TotalEnergies, China’s CNPC and CNOOC, and the Federal University of Rio Grande do Sul (UFRGS) – has kicked off a series of wind measurements in Brazil’s pre-salt region to collect data for potential offshore wind projects in Búzios and Mero fields.
JX Nippon Oil & Gas Exploration is a Japanese company operating in the oil and gas industry, seeking and developing new energy resource deposits worldwide. With over 50 years of experience, the company has established itself as a major player in this highly competitive sector.
Indonesia offered 10 oil and gas blocks in 2023, with two working areas Akimeuga ..
Tullow Ghana led the pack at the maiden Chartered Institute of Supply Chain Management (CISCM) Awards held over the weekend in Accra.
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday.