Posts

Liberia: Bad History, Weak Terms, Zero Trust–the Oranto Deal Must Die/in /by
[Liberian Investigator] Liberia once again faces a familiar crossroads, where the potential of petroleum wealth clashes with painful memories of exploitation, institutional weakness, and opaque decision-making.
Nigeria: Deal With Conoil Takes TotalEnergies’ Opl 257 Stake to 90 Percent/in /by
[This Day] French oil giant, TotalEnergies has signed agreements with its long-standing partner, Conoil Producing Limited to acquire a 50-per cent operated interest in the Oil Prospecting License (OPL) 257 while Conoil acquires the 40 per cent participating interest held by TotalEnergies in Oil Mining Lease (OML)136.
Nigeria: Energy& LLP Acquires Stake in Falcon Corp/in /by
[Leadership] Falcon Corporation Limited has announced that Energy& LLP, a subsidiary of EverCorp Industries, has acquired an equity stake in Falcon Corporation.
Nigeria: Energy Transition – Nigeria Will Not Abandon Its Oil, Gas – Official/in /by
[Premium Times] "The world is changing, but Nigeria is not abandoning oil and gas; we are repositioning them," he said.
Nigeria: NNPC Releases 2024 Audited Financial Statement, Declares N5.4 Trillion Profit, N45.1tn Revenue/in /by
[This Day] The Nigerian National Petroleum Company Limited (NNPC Ltd.) yesterday released its audited financial statement for the full year ended 2024, reporting a Profit After Tax (PAT) of N5.4 trillion on a revenue of N45.1 trillion.
Nigeria: How Oil Spills Devastated Niger Delta Community’s Waters/in /by
[Premium Times] Since the late 1980s, repeated oil spills have devastated Ogale's natural environment, eroding its once-rich biodiversity and natural capital.
Liberia: Why the Senate Must Reject the Production Sharing Contracts Between the Governrnent of Liberia and Oranto Petroleurn/in /by
[Liberian Investigator] If you followed yesterday's hearing on the Oranto Petroleum and TotalEnergies Production Sharing Agreements, you'd realize it raised more questions than answers for the Liberian Senate.
Liberia: Senators Demand Signed Copies of Oil Deals/in /by
[New Dawn] Monrovia -- Members of the Liberian Senate have demanded the original signed copies of the offshore oil agreements between the government of Liberia, Atals Oranto Petroleum, and French-based oil giant TotalEnergies.
Liberia: Much-Touted Oil Deal Faces Hiccups in Legislature – Sen. Konneh Becomes Latest Voice Urging Senate to Snub Oranto Petroleum Contracts/in /by
[FrontPageAfrica] Monrovia -- The Government of Liberia's much-touted oil deal with Oranto Petroleum is facing escalating pushback at the Legislature, as more senators raise concerns over what they describe as weak fiscal terms, legal inconsistencies, and potential long-term risks to Liberia's petroleum future.
Nigeria: How NNPC Official Approved N3.4 Billion in Suspicious Payments Without Gmd’s Authorisation – Audit Report/in /by
[Premium Times] The auditor general said the anomalies could be attributed to weaknesses in the internal control system at the NNPC Ltd.