Tuesday, May 18, 2021
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Big Oil

U.S’ KBR Inks Engineering Contract for Nigeria’s BUA Oil Refinery Facility

KBR, Inc. KBR has inked a contract from BUA Group, one of the leading agricultural and industrial chemicals conglomerates, to provide efficient and sustainable...

OPEC pins oil demand hopes on second-half recovery as India dents Q2

OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United...

Heirs Oil & Gas Announces CEO and Board Appointments

· Welcomes former senior Shell executive, Osayande Igiehon, as CEO Lagos, 04/05/2021 – Heirs Oil & Gas (HHOG), the leading African integrated energy company,...

Energy group Total starts production at Angolan oil project

French energy group Total (TOTF.PA) has started production at its Angolan Zinia Phase 2 project, which has estimated resources of 65 million barrels of...

Moody’s announces completion of a periodic review of ratings of Seplat Petroleum Development Company Plc

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Seplat Petroleum Development Company PlcGlobal Credit Research -- Moody's Investors...

NNPC not in Financial straits – Obateru

BY Edith Ike-Eboh Abuja April 39, 2021 The Nigerian National Petroleum Corporation (NNPC) says that the Corporation is not in any financial...

Exxon posts a profit, snapping four-quarter loss streak

KEY POINTS A recovery in oil prices as well as aggressive cost-cutting measures boosted the oil giant’s results. Exxon is still facing pressure from activist firm...

Chevron posts a profit, raises dividend as oil price recovery lifts quarterly results

After a brutal year for the energy sector, Chevron reported a profit for the first quarter of 2021 as a recovery in oil prices...

Shell raises dividend for second time in six months after first-quarter earnings beat forecasts

KEY POINTS The Anglo-Dutch company reported adjusted earnings of $3.2 billion for the three months through to the end of March. Analysts had expected $3.1 billion,...

OPEC postpones 60th Anniversary to September

By Edith Ike-Eboh Abuja, April 28, 2018 (NAN) The Organisation of Petroleum Exporting Countries (OPEC) has postponed its 60th anniversary which had been...

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