[This Day] The Nigerian National Petroleum Company Limited (NNPC) and its partner, TotalEnergies, have agreed to invest $550 million for the development of a gas processing facility in southern Rivers State to boost exports and domestic supplies of gas.
[This Day] Nigeria's aspiration to increase oil production significantly in the coming weeks suffered a setback yesterday after one of the country's biggest indigenous hydrocarbons producers, Aiteo Eastern Exploration and Production Company (AEEPCO), announced the shutdown of its oilfield in the Niger Delta.
[Premium Times] The leak occurred on Monday.
[This Day] Abuja -- Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC / Aiteo Joint Venture on OML 29, Wednesday confirmed it had detected an oil leak at its Nembe swamp facility in OML 29, Nembe Kingdom, Bayelsa State.
[ANGOP] Luanda -- Sonangol and Cabinda Gulf Oil Company Limited (CABGOC), Chevron's subsidiary in Angola, on Tuesday in Luanda signed two 'Risk Services Contracts' for the concession of blocks 49 and 50, both in the Lower Congo Basin, considered a risk zone for oil exploration.
Works by Jean-Michel Basquiat are expected to sell for tens of millions of dollars at Sotheby's upcoming auction in London.
As he was sworn in for a second term as president, Cyril Ramaphosa, vows to fight inequality.
[Vanguard] Shareholders of TotalEnergies Marketing Nigeria Plc have approved the proposed final dividend of N8.49 billion, amounting to N25.00 per share, for the financial year ended December 31, 2023.
Various African heads of state gathered in Pretoria for the swearing-in of Cyril Ramaphosa as South Africa's president for a second term.
Most of the Hajj rituals take place outdoors and requires walking considerable distances between the sites.
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