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Chevron launches sale of Congo oil assets

*Chevron logo and trading information on display at the NYSE London — Chevron (CVX.N) has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations […]

Protesters seek to disrupt TotalEnergies shareholder meeting

Paris — French riot police held back several hundred climate activists from the venue where oil major TotalEnergies (TTEF.PA) is due on Friday to hold its annual shareholder meeting. Scuffles between police and protesters broke […]

Canadian oil sands output expected to reach 3.7 million bpd by 2030

*Canadian oil sands production. News wire — Canadian oil sands production is expected to reach 3.7 million barrels per day by 2030, S&P Global said on Thursday, raising the analytics firm’s 2030 production outlook for […]

‘Shell’s sale of oil assets must not worsen rights abuses’

*Afieyegha Seiyefa, a fisherwoman shows her hands stained by oil, following an oil spill at Santa Barbara in Nembe, in Bayelsa, Nigeria, one of the oil fields sold by Shell to an independent operator, Aiteo. […]

Saudi warns speculators of more pain as OPEC+ meeting looms

*Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud and OPEC Secretary-General Haitham al-Ghais shake hands at the Organisation of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File […]

‘Dangote refinery will make Nigeria net exporter of petroleum’

*Peter Obi at the commissioning of the Dangote Refinery in Lagos Mkpoikana Udoma Port Harcourt — The Presidential Candidate of the Labour Party in the 2023 election, Mr. Peter Gregory Obi, says Dangote refinery will […]

Indian Oil Corp says spot cargoes from Middle East lower on back of Russia

Dubai — The chairman of Indian Oil Corporation said on Monday he remained committed to the term contracts with the Middle East but that spot purchases from the region have gone down with more Russian […]

TotalEnergies takes FID on Ubeta gas project Q1 2024

*Mike Sangster Mkpoikana Udoma Port Harcourt — The Managing Director of TotalEnergies EP Nigeria Limited, Mr Mike Sangster, has announced that the final investment decision, FID, for the company’s upcoming Ubeta gas project would be […]

News

Chevron to buy PDC Energy for $7.6 billion

*Chevron logo and trading information on display at the NYSE Bengaluru — Chevron Corp (CVX.N) said on Monday it would acquire PDC Energy Inc (PDCE.O) in an all-stock transaction for $7.6 billion, including debt. The […]

NCDMB pushes for double-digit contribution of oil & gas to Nigeria’s GDP

*Engr. Simbi Wabote Mkpoikana Udoma Yenagoa — The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr Simbi Wabote, has charged stakeholders to join hands in ensuring that the oil and gas sector makes […]