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Category : general-news:General News|oil-and-gas:Oil and Gas

Chevron wins Exxon case but loses time, oil and billions
general-news:General News|oil-and-gas:Oil and Gas

Chevron wins Exxon case but loses time, oil and billions

July 19, 2025

July 18, 2025 Exxon Mobil (XOM.N), opens new tab has lost its arbitration challenge to block Chevron’s (CVX.N), opens new tab $55 billion Hess (HES.N), opens new tab acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year, costing its rival billions in lost Guyana oil revenue and slowing integration. Chevron’s deal, first announced in October 2023, […]Read More

ExxonMobil Nigeria Names New Chairman and Managing Director
general-news:General News|oil-and-gas:Oil and Gas news

ExxonMobil Nigeria Names New Chairman and Managing Director

July 17, 2025

ExxonMobil has appointed Mr. Jagir Baxi as Chairman and Managing Director, and Lead Country Manager, of its affiliates in Nigeria, including Esso Exploration and Production Nigeria Limited and Esso Exploration and Production Nigeria (Offshore East) Limited, succeeding Mr. Shane Haris. Jagir brings a wealth of experience and proven leadership to his new role, where he […]Read More

TotalEnergies is balancing risk, technology and long-term value in key markets across the continent
energy general-news:General News|oil-and-gas:Oil and Gas

TotalEnergies is balancing risk, technology and long-term value in key

May 18, 2025

As Mike Sangster Talks Multi-Energy Strategy at Invest in African Energy (IAE) 2025 Mike Sangster, Senior Vice President for Africa at TotalEnergies, outlined the company’s multi-energy strategy in Africa at the Invest in African Energy (IAE) 2025 Forum in Paris. Speaking during a one-on-one conversation with America Hernandez, Energy Correspondent at Reuters, Sangster said that […]Read More

OTC 2025: Renowned Deep-Sea Diver Chris Lemons to Speak On extraordinary Survival Stories
General News general-news:General News|oil-and-gas:Oil and Gas

OTC 2025: Renowned Deep-Sea Diver Chris Lemons to Speak On

April 17, 2025

The Offshore Technology Conference (OTC) is proud to welcome renowned commercial diver Chris Lemons at this year’s conference for an exclusive keynote recounting one of the most extraordinary survival stories in the history of offshore operations. Lemons will speak Wednesday, 7 May 2025, at 1600 at NRG Center, Houston, Texas, USA. With more than 18 […]Read More

Naira-for-Crude Policy Poses Risks to FDIs and Exchange Stability, DAPPMAN Cautions
general-news:General News|oil-and-gas:Oil and Gas

Naira-for-Crude Policy Poses Risks to FDIs and Exchange Stability, DAPPMAN

March 24, 2025

The Naira-for-crude oil transaction framework presents significant risks that could affect Nigeria’s foreign exchange stability and deter Foreign Direct Investment (FDI), Olufemi Adewole, Executive Secretary, Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has said. Adewole highlighted concerns over the volatility of the Naira, emphasizing that crude oil transactions are traditionally carried out in […]Read More

OAU Applauds Alumnus, Prof Anthony Adegbulugbe over Nigeria’s First LPG Extraction, Gas-to-Power Project
general-news:General News|oil-and-gas:Oil and Gas

OAU Applauds Alumnus, Prof Anthony Adegbulugbe over Nigeria’s First LPG

March 23, 2025

Obafemi Awolowo University (OAU), Ile-Ife, is yet, again, brimming with pride and jubilation as it celebrates the extraordinary feat of its illustrious alumnus, Professor Anthony Adegbulugbe, who has successfully launched Nigeria’s pioneering LPG extraction plant and gas-to-power project. Unveiled recently in Andoni Local Government Area of Rivers State, this transformative initiative, spearheaded by Professor Adegbulugbe […]Read More

general-news:General News|oil-and-gas:Oil and Gas

Accugas Grants Scholarships to Students through its SEE-IT Programme

February 7, 2025

Accugas Limited, the midstream subsidiary of Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, is pleased to announce that it has granted full university education scholarships to the second cohort of 50 students from Akwa Ibom and Cross River States through the Savannah Energy Education and Internship […]Read More

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