Diesel-Laden Tanker Goes Up in Flames in Lagos Diesel-laden tanker went up in flames in the Ojota area of Lagos State on Monday morning. The incident was confirmed by the Lagos State Traffic Management Authority (LASTMA), via X(formerly Twitter) where it stated that its personnel had been deployed to the scene. It tweeted: “There’s a…
TotalEnergies Signs Investment Agreement for 1GW Wind Power Project On the occasion of the COP28 in Dubai, in presence of the President of Kazakhstan, Patrick Pouyanné and the Minister of Energy of Kazakhstan signed the Agreement on Investment (AoI) for TotalEnergies’ Mirny project. Largest wind energy project ever initiated in Kazakhstan, Mirny will supply more…
NUPENG Rejects Imposition of Leadership Tanker drivers in the oil and gas sector, under the aegis of the Petroleum Tanker Drivers (PTD), a branch of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) have thrown their weight behind Comrade Lucky Osezua as the authentic chairman. The group accused its parent body, NUPENG, of…
Kyari, Kerry, Moynihan, Others Discuss Climate Issues at COP28 in UAE Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari joined other global personalities on Thursday, November 30, 2023, in Dubai, UAE, to brainstorm on climate issues and its rising complexities. On the sidelines of the 2023 United Nations…
NDDC Pledges Development Projects for Abia Oil Communities The Niger Delta Development Commission, NDDC, has pledged to address the challenges facing oil-producing communities in Abia State, as well as provide them with more impactful development projects. The representative of Abia State on the Board of the NDDC, Chief Eruba Dimgba, made the pledge during a…
Asia Spot LNG Prices Fall To 7-Week Low On Tepid Demand, Improved Supply Asian spot liquefied natural gas (LNG) prices fell this week to a 7-week low despite cold weather, as demand remains muted and global supply conditions ease after recent maintenance and geopolitical tensions. The average LNG price for January delivery into north-east Asia…
OPEC+ May have Played Its Final Card with Voluntary Crude Cuts The additional crude output cuts by OPEC+ should do two things, and neither of them is likely to please the group of oil exporters. Firstly, the reduction of about 2.2 million barrels per day (bpd) for early next year should put to rest the…
Arsenio Dominguez Confirmed As Next IMO Secretary-General Arsenio Antonio Dominguez has been confirmed as the next Secretary-General of the International Maritime Organisation (IMO) in a unanimous vote. The IMO Assembly unanimously on Thursday approved the decision of the Council at its 129th session to appoint him to the role. Dominguez will take up the office…
NNPC/SNEPCo remodeled Arrival Hall lights up Lagos Airport The Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), on Friday, inaugurated a new-look Arrival Hall “E” at Murtala Mohammed International Airport (MMIA) Lagos, which has been remodelled to help ease immigration checks. Among other improvements, the arrival hall was redesigned and redecorated…
COP28: OPEC to Host Special Pavilion OPEC will send a delegation to the COP28 in Dubai and host a special pavilion there, the group said in a press release, adding that the delegation will be led by secretary-general Haitham al Ghais and include experts from OPEC’s Environmental Matters Department. “We are immensely proud that our…