Jul 24, 2025 TotalEnergies posted a solid second-quarter 2025 performance, generating $6.6 billion in cash flow from operations despite a 10% drop in Brent crude prices. The French energy major recorded an adjusted net income of $3.6 billion, down 15% quarter-on-quarter, driven by softer commodity prices but partially offset by higher production volumes. Strategic Execution TotalEnergies’ […]Read More
As part of it’s strategic commitment to education and community development, the Nigeria Liquefied Natural Gas, NLNG, says it has completed the commissioning of the second phase of its school renovation project in Rivers State, with upgrading infrastructure in host community schools. A statement by NLNG’s General Manager, External Relations & Sustainable Development, Sophia Horsfall, […]Read More
Jul 03, 2025 TotalEnergies has sold a 50% stake in a 604-megawatt portfolio of renewable energy assets in Portugal to a Japanese consortium for €178.5 million, the company announced Wednesday. The deal, part of TotalEnergies’ capital rotation strategy, allows the French energy giant to optimize its investments in its growing electricity division while maintaining operational control. The […]Read More
CSR: The FGN’s National Food Intervention (NFI) initiative aims to ensure sustainable access, availability, and affordability of quality food for all Nigerians, with the broader goal of Nigeria becoming a significant food provider globally. This involves addressing challenges in the agricultural value chain, promoting private sector participation, and stimulating food production. Ultimately, the initiative seeks to alleviate […]Read More
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that the Dangote Refinery’s forward integration strategy could lead to monopoly and loss of jobs. This is predicated on the statement that Dangote refinery would begin the nationwide distribution of diesel and petrol nationwide come August 15, 2025 PETROAN’s National Public Relations Officer, […]Read More
In a remarkable demonstration of Delta State’s growing reputation as a business-friendly environment, Governor Sheriff Oborevwori has officially commissioned a new fuel station in Asaba, established by Virgin Forest Energy. Represented by the Commissioner for Special Duties, Government House, Asaba, Dr. Ifeanyi Osuoza, the Governor extended warm congratulations and reaffirmed the State government’s commitment to […]Read More
Jun 13, 2025 “Customers shouldn’t subsidize the energy needs of data centers” reflects a growing concern about the energy consumption of data centers and its impact on electricity prices for other consumers. Data centers, while essential for modern computing and cloud services, require significant amounts of energy to operate their servers and cooling systems. The increasing demand for […]Read More
NNPC Ltd has advised the general public to beware of individuals and companies falsely claiming to represent NNPC Limited. Their tactics include soliciting fees for meetings with NNPC board of directors, executives and management staff. These actions are unauthorized and illegal. Foreign investors and international business entities are especially urged to remain cautious. If approached, […]Read More
June 6, 2025 President Bola Tinubu said more funds would be committed to infrastructure development and urged governors to collaborate with the federal government to align building approvals. The President, who commissioned the Lekki Deep Sea Port Access Road at the Dangote Refinery and Petrochemical Plant on Thursday in Lagos, said proper approval alignment between […]Read More
June 2, 2025 The U.S. Department of Energy has ordered another power plant, this time an oil and gas plant in Pennsylvania, to keep its turbines running through the hottest summer months as a precaution against electricity shortfalls in the 13-state mid-Atlantic grid. The department’s order to the grid operator, PJM Interconnection, regarding the Eddystone […]Read More
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