[This Day] The Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has lifted the force majeure on its 250,000 barrels per day (bpd) Bonny export terminal with effect from Wednesday, 15 March, 2023.
Author Archive for: AllAfrica News: Petroleum
Entries by AllAfrica News: Petroleum
[DW] The Democratic Republic of Congo wants more money for climate projects. Otherwise, oil drilling could replace fishermen in the world's largest peat bog. And that could spell devastation for the environment.
[Premium Times] Under the federal government's 2022 to 2023 Medium-Term Expenditure Framework, a proposal of N3.3trillion was only made for fuel subsidy between January and June 2023.
[Premium Times] "It is to provide platforms for strategic partnership/alliance between the awardees and the service providers..."
[This Day] ·Moody's places six US banks on potential rating downgrades
[IPS] Washington DC -- BP, the oil company that previously brought us "Beyond Petroleum" and more recently robust corporate climate goals, has announced a return in emphasis to its traditional business of producing oil. Drawn by the inescapable appeal ...
[This Day] Abuja -- Saudi Aramco yesterday announced record profits of $161 billion from its 2022 operations as the largely state-owned oil company cashed in on a tumultuous year in energy markets that resulted in high oil prices.
[Daily Trust] Forty-eight days after, a 14-man steering committee constituted to tackle petrol supply hurdles and regulate the price of the product, under the chairmanship of President Muhammadu Buhari, has failed to end the scarcity.
[Leadership] Oslo-listed jack-up drilling rig leasing firm, Shelf Drilling, has secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig.
[Nile Post] Communities living in the areas affected by the oil exploration project including the pipeline have cried foul over the delay in having their case seeking compensation filed over 10 years ago.
