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TotalEnergies records $10bn adjusted net income in 1H 2024

*TotalEnergies Chief Executive, Patrick Pouyanne. – Advances its balanced transition strategy– Interim dividend of €0.79/share for fiscal Paris – “TotalEnergies generated robust financial results in the second quarter, with adjusted net income of $4.7 billion […]

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Eni gets approval to sell Nigerian unit NAOC to Oando

*eni headquarters. Milan — Eni has received formal approval from the Nigerian Upstream Petroleum Regulatory Commission to sell its unit Nigerian Agip Oil Company (NAOC) to the country’s leading energy company OANDO (OANDO.LG), opens new […]

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Navy uncovers illegal refinery depot in Rivers

Port Harcourt — The Nigerian Navy on Wednesday uncovered a private residence converted to a massive illegal crude oil refining depot in Okwuzi community, Ogba/Egbema/Ndoni Local Government Area of Rivers State. The Commander, Nigerian Navy […]

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Expert hails Nigeria’s $21m metering project

*Personnel of the OPDS inspecting impounded boats suspected of involvement in crude oil theft Mkpoikana Udoma Port Harcourt — An energy expert, Dr. Joseph Obele, has commended the federal government’s approval of a $21 million […]