Shell To Take $2 Billion Tax Hit for 4Q as Integrated Gas Trading Rose
Shell PLC said weekend that it expects to take a $2 billion hit for…
Category: Oil&Gas
NNPC Denies Report On Importing 17.877 Million Barrels Of Crude Oil
The Nigerian National Petroleum Company has denied that it exported 17.877 million barrels of crude…
Chevron CEO Defends Record Profits as ‘Modest Return’ Over Time
Chevron Chief Executive Officer Mike Wirth pushed back on claims by President Joe Biden that…
Exxon Signals Strong Q4 Profit To Drive Annual Record
Exxon Mobil Corp on Wednesday signaled another strong operational profit of about $15.4 billion…
Nigeria’s Nosa Omoredon,First African To Be Honoured With AAPG Michael T. Halbouty Award.
Dr. Nosa Omorodion FNAPE will be receiving the 2023 AAPG Michael T. Halbouty…
The Oil Market Crisis Sparked By Russia’s Invasion Is Nearing Its End
Russia’s invasion of Ukraine back in February triggered a major market crisis. Oil and gas…
Nine Fuel-Laden Vessels Stuck On High Sea As Fuel Crisis Persists
Despite oil now selling for between N170 and 260 at filling stations across the country,…
Savannah Energy Joins the Extractive Industries Transparency Initiative (“EITI”)
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, has…
Africa Could Make €1 Trillion of Green Hydrogen a Year, EIB Says
Africa has the potential to produce €1 trillion ($1.06 trillion) worth of green hydrogen a…
Oil /gas: Industry Financiers Sho Winners Of Marginal Oilfield Licences Various Innovative Fnancing Structures
Stakeholders forum with the theme: ‘Marginal Oilfield Licence: After Winning, What Next?’ was held…