The Nigerian National Petroleum Company Limited (NNPC), Group Chief Executive Officer, Mele Kyari has disclosed that it has discovered 295 illegal connections of crude oil pipeline via which oil theft is being perpetuated for years on 48" Focardos 48” trunk pipeline in Niger Delta.
The UN Climate Change Conference in Sharm el-Sheik, Egypt, should shift the world towards implementation of previously agreed plans to tackle humanity’s greatest challenge, Simon Stiell, the new Executive Secretary of the UN Climate Convention (UNFCCC), said on Sunday at the opening of COP27.
“Today...
Chevron Corporation has reported earnings of $11.2 billion ($5.78 per share - diluted) for third quarter 2022, compared with $6.1 billion ($3.19 per share - diluted) in third quarter 2021. Included in the current quarter were pension settlement costs of $177 million. Foreign currency...
SDX Energy, the EMEA-focused energy company, today announced the appointment of Jay Bhattacherjee as Non-Executive Chairman of the Company with immediate effect.
Jay Bhattacherjee holds a B.Sc. in Chemical Engineering with Petroleum Engineering specialty and has over 20 years' experience both operating and leading...
Air Liquide (Paris: Al),Chevron Corporation,LyondellBasell, andUniper SE have announced their intent to collaborate on a joint study that will evaluate and potentially advance the development of a hydrogen and ammonia production facility along theU.S. Gulf Coast. The facility could support industrial decarbonization and mobility...
Baker Hughes(NASDAQ: BKR) has announcedNancy Bueseas Chief Financial Officer (CFO) effectiveNovember 2, 2022. Buese brings more than 30 years of financial and leadership experience to the role, previously serving as EVP & CFO of global mining company Newmont Corporation from 2016 until earlier this...
Amni International Petroleum Development Company Limited, a Nigerian independent oil and gas exploration and production company and the African Export–Import Bank (Afreximbank) signed a Memorandum of Understanding (MoU) for the provision of a $600 million syndicated reserve based lending facility. The multi million US...
Africa’s Liquified Natural Gas took the centre of discussion at African Energy Week holdin in Cape Town South Africa. Opened by a keynote presentation by Karl Staubo, CEO of Golar LNG, a panel discussion entitledAfrica’s LNG Revolution: Solution for Africa and the World, held...
EOG Resources (EOG) has announced the election of William R. “Bill” Thomas to the board of directors and that Ezra Y. Yacob, Chief Executive Officer, has been appointed to the role of Chairman of the Board, effective today, October 4, 2022.
Shelf Drilling has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf. The contract value for the firm period, including mobilization revenue, is approximately USD 236 million.
The following is an update to the third quarter 2022 outlook. Impacts presented may vary from the actual third quarter 2022 results and are subject to finalisation of those results, which will be published on October 27, 2022. Unless otherwise indicated, all outlook statements...
Shell plc announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Wael’s appointment is effective January 1, 2023*, when he will also join Shell’s Board of Directors....
Chevron New Energies International Pte, Ltd.(Chevron), andMitsui Oil Exploration Co., Ltd(MOECO) today announced the signing of a Joint Collaboration Agreement to explore the technical and commercial feasibility of advanced geothermal power generation inJapan.
Building onChevronand MOECO’s long-standing relationship, the new collaboration will study geothermal resource...
Decklar Resources Inc.has announced the appointment of Mr. Oluwasanmi Famuyide to the role of Chief Executive Officer (CEO) of the Company. Mr. Duncan Blount has stepped down as CEO but will remain on Decklar’s Board of Directors as an independent non-executive director.
Chevron one of the world’s leading integrated energy companies has said in its media release that the Board of Directors of Chevron Corporation has declared a quarterly dividend of one dollar and forty-two cents ($1.42) per share, payable September 12, 2022, to all holders...