Author: uzo.nzeogu

TotalEnergies has strengthened its offshore portfolio with a transaction that will lift its interest in Nigeria’s OPL257 with a 50 per cent The post TotalEnergies deepens offshore position with 50% stake appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Nigerian oil companies are recording stronger output and profitability, driven largely by assets relinquished by international oil companies (IOCs). Yet, sustaining the gains remains a key concern, even for players like Oando, which posted a profit before tax of N165.2 The post Sustaining gains of IOC divestment via improved oil output, earnings appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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A leading independent Nigerian oil and gas exploration and production company, Midwestern Oil and Gas, has appointed Engr. (Mrs.) Elozino Olaniyan, FNSE, FNSChE, FNISafetyE, as its new Managing Director/Chief Executive Officer (CEO). The post Firm appoints first female CEO, strengthens corporate governance, leadership appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Dangote Petroleum Refinery has dismissed reports suggesting that the recent reduction in pump prices by oil marketers resulted from the suspension of a 15 per cent import tariff on premium motor spirit (PMS) and automotive gas oil (diesel), describing the The post Dangote dismisses reports linking PMS price cut to 15% tariff suspension appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Global investment in clean energy reached a record $2.4 trillion in 2024, but only 2.3 per cent came from sub-Saharan Africa, International Renewable Energy Agency (IRENA) said on Monday. The post Africa accounts for just 2.3% as renewable investment hits $2.4trn appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Delta State governor, Sheriff Oborevwori, has issued a stern warning to the Benin Electricity Distribution Company (BEDC), accusing the utility provider of deliberately starving communities of power despite receiving adequate supply from Transcorp Power Plc. The governor, however, commended Transcorp The post Oborevwori blames BEDC for power outage in Delta communities appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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A petroleum exploration and production company, Emadeb Exploration and Production Company Limited, has expressed excitement over its first oil production from the Ibom Field, marked as PPL 236. The post Petroleum company records first oil production   appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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Petroleum Technology Association of Nigeria (PETAN) has urged African governments to deepen public–private sector collaboration to strengthen the continent’s oil and gas value chain. The post PETAN urges Africa to adopt Nigeria’s local content model appeared first on The Guardian Nigeria News – Nigeria and World News. Source: Original article

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