Buguma Wellhead Fire: NNPCL puts blame on vandals, reaffirms commitment…
The Nigerian National Petroleum Company Limited (NNPCL) said that the fire at the Buguma Wellhead 008 in the Niger Delta, operated by its subsidiary, NNPC...
Category : In the News
Delayed energy transition will make or mar the upstream sector – Woodmac
Prices would rise, capital discipline evolve and spending increase by 30% for the upstream sector to meet demand in a delayed energy transition scenario. “As...
CSPC, Shell-CNOOC joint venture to invest in petrochemical complex expansion in China
CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals Investment Ltd, has taken a final investment decision...
Murphy Oil’s Hai Su Vang-1 discovery to boost Vietnam’s liquids outlook
Murphy Oil’s Hai Su Vang-1 shallow water oil discovery in Vietnam’s Cuu Long basin, Woodmac says, looks like a big boost to both the US...
Key factors to determine world energy direction in 2025
“If last year was about elections,” says Simon Flowers, “2025 will see the consequences. The new Trump administration will be out to make a mark...
Shell Announces FID on Bonga North Deep-Water Project Nigeria
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) on Bonga North, a deep-water...
Seplat Energy Announces Completion of Acquisition of MPNU
Becomes Nigeria’s leading independent energy company Production doubles, combined assets include 11 blocks (onshore and shallow water Nigeria); 48 producing oil and gas fields; 5...
Shell tops global lubricants market for the 18ᵗʰ consecutive year
Shell Lubricants has retained its status as the leading global supplier of finished lubricants for an 18th consecutive year, according to the 22nd edition of...
Shell and Equinor to create UK’s largest independent oil and gas company
Equinor UK Ltd, a subsidiary of Equinor ASA (OSE: EQNR, NYSE: EQNR, “Equinor”), and Shell U.K. Limited, a subsidiary of Shell plc (LSE: SHEL, NYSE:...
Independent Operators Push to Extend Lifespan of Africa’s Mature Oil Fields
Africa’s independent operators have outlined new efforts to maximize production in Africa’s mature oil markets – including Gabon, Equatorial Guinea and Angola – during the...