TotalEnergies reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met Nigeria President Bola Tinubu in Abuja on Monday.
All locations operated under the Red Rover banner formerly owned by Santmyer Companies.
On the northeastern tip of South America, there are three little countries stacked in a row; anomalies of empire whose imperial histories still have resonance today. Guyana, Suriname and French Guiana. One formerly of the British Empire; one formerly of the Dutch Empire; one still an overseas department of France and all speaking the language that their colonial masters left them. Of these, Guyana, formerly British Guyana and the only English-speaking country in South America, has been in the news lately following a referendum in Venezuela where President Maduro invited Venezuelans to decide if a large chunk of Guyana should, in fact, be Venezuelan. Given the vast oil riches off the coast of Guyana, the referendum unsurprisingly passed. Once the sabre-rattling verbal aggression died down, there was agreement that no one wanted to go to war and that the foreign ministers of each country would negotiate a solution over the next three months.
HOUSTON :Oil rose nearly 2per cent on Monday as investors worried about disruptions to maritime trade and supply costs after the Iran-aligned Yemeni Houthi militant group attacked ships in the Red Sea.
Over the past decade renewable investments have made bigger profits for shareholders than oil investments.
COP 28’s slow walk to decarbonization may bring 2050 goals out of reach.
The pace of divestment from oil could make a major difference for the ultimate returns on energy investments.
TechnipFMC has been named the winner of this year’s National Offshore Industries Association’s ESG Excellence Award.
Rigworld International Services Ltd, an oil and gas service company has signed a Memorandum of Understanding(MOU) with the University of
Mines and Technology (UMaT) to support the Department Chemical and Petrochemical Engineering to acquire the needed equipment and offer
students the opportunity to intern.
For the next decade, Latin America is likely to maintain its predominant role in the oil sector. Unlike past years, it can now count on Venezuela’s return to international markets, as the Biden administration has decided to lift the sanctions in force since 2019. This decision is mainly conditioned on the holding of transparent and democratic elections by 2024. This agreement will allow Venezuela to exploit its immense resources, represented by 303 billion barrels and over 5 billion of cubic feet of natural gas, ranking as the largest reserve in the world. Major international companies are already looking to seize this opportunity, including Eni and Repsol, which are currently finalizing the details of a contract with Petróleos de Venezuela Sa (Pdvsa), the state-owned company. As reported by Bloomberg, negotiations are at an advanced stage, and an agreement is expected to be reached by the end of the month.
Amaja Oilfield Limited in Conjunction with Amaja Tubular Services Limited, a joint venture between Tenaris and Amaja, has renovated Axim Road Key Primary School in the Sekondi- Takoradi Metropolis.
Yinson Ghana recently won the ‘Most Outstanding CSR Company’ award at the inaugural 2023 Local Content Conference and Exhibition ‘Awards Night’. The recognition is part of the Petroleum Commission’s effort to celebrate the achievements and contributions made by Upstream Petroleum Companies towards the Development of Local Content in Ghana. The Petroleum Commission regulates, manages and coordinates upstream petroleum activities and other support services in the petroleum sector.