Seplat Energy achieves ISO 26000 Endorsement on Social responsibility Seplat Energy Plc has achieved the ISO 26000 endorsement on social responsibility. The company described it as a major milestone that reinforces its commit- ment to social responsibility. In a statement lmade available to Ma- jorwaves, Seplat said its ISO 26000 journey started in September…
TotalEnergies begins Production at Nigeria’s Akpo West Field TotalEnergies and its partners have begun production from the Nigeria’s Akpo West field on the Petroleum Mining Lease (PML) 2. This was disclosed by TotalEnergies in a statement obtained by Majorwaves. According to the company, Akpo West is tied back to the existing Akpo Floating Production Storage…
Nigeria’s Petroleum Minister Lokpobiri offers Clarity on Issues around OPL 245 The Minister of State for Petroleum Resources (oil), Senator Heineken Lokpobiri, has offered clarity on Oil Prospecting Licence (OPL) 245. A key oil block, OPL 245, has been sub- ject to various litigations across different jurisdictions. It is estimated that the block holds over…
NLNG trains Women Journalists in Digital Communication Skills The Nigeria LNG Limited has concluded another edition in the series of #NLNGChangeYourStory workshops, focusing on arming women journalists with cutting-edge digital communication and social media skills for reporting gender-based issues. The annual capacity-building workshop, sponsored by NLNG, held from January 30 to February 1, 2024 in…
NUPRC collaborates with a Coalition for Methane Mitigation from Nigeria’s Oil and Gas Sector The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has collaborated with Climate and Clean Air Coalition to mitigate methane originating from the Nigerian oil and gas sector. According to NUPRC in a statement posted on its Facebook handle, this collaborative effort is…
Leveraging Abundant Natural Gas to Address South Africa’s Energy Crisis By NJ Ayuk from APO Group As South Africa grapples with frequent power outages lasting six to ten hours a day, it is evident that urgent action is needed to tackle the country’s energy crisis. The reliance on mostly coal-powered plants to meet electricity demands…
The Best is Yet to Come for Women in the Power Sector says Karpowership Chief Communications Officer (CCO) …Energy Capital & Power spoke with Karpowership’s Zeynep Harezi about the intersection of gender equality and improved energy access in Africa While only one in five leadership roles in the energy sector is currently held by women,…
Nigeria’s Total Foreign Trade Rises By 37.2% To N71.88 Trillion in 2023 In 2023, Nigeria’s total foreign trade increased from N52.38 trillion recorded in 2022 to N71.88 trillion- an increase of 37.2% when compared to 2022. This is according to the fourth quarter foreign trade report published by the NBS. In the fourth quarter of…
Power Outages Loom in Abuja as Vandals Cripple Transmission Line Abuja, Nigeria – Residents of Abuja and surrounding areas may experience power outages following the vandalism of a critical transmission line. The Transmission Company of Nigeria (TCN) confirmed that the Shiroro-Katampe 330kV transmission line was vandalized on Sunday morning, marking the fifth such incident in…
Aramco Increases Dividend by 30% to $98 Billion Despite Profit Decline Saudi Arabia’s state-owned oil giant Aramco (2222.SE) has announced a significant increase in dividends, reaching $97.8 billion for the year, up 30% from the previous year, even as its net profit declined by 24.7% to $121.3 billion in 2023. The decrease in profit was…