Tag Archive

EDF Trading Appoints Head Of Power & Gas Flow Trading, Europe

EDF Trading Appoints Head Of Power & Gas Flow Trading, Europe

December 7, 2017 No Comments

EDF Trading, a wholly-owned subsidiary of EDF S.A., announced the appointment of Carsten Sterz as its Head of Power and Gas Flow Trading, Europe. This is a new position which is based in London. Sterz joined EDF Trading on 1st December and reports to Marcello Romano, Head of Trading, Europe. Sterz will be responsible for […]

Ecobank Group Research reveals 3 key emerging trends for Africa

Ecobank Group Research reveals 3 key emerging trends for Africa

November 16, 2017 No Comments

Digital innovation in Sub-Saharan Africa is being driven by the explosion in mobile phone usage, enabling African consumers to leapfrog existing business models and technologies. • Rebounding economy after a trying year • Gas is West Africa’s new oil • Africa’s evolving role in FinTech leadership The 2017 version of Ecobank Research’s Fixed Income, Currency […]

World Oil Outlook 2017 launched in Vienna

World Oil Outlook 2017 launched in Vienna

November 9, 2017 No Comments

The 2017 OPEC World Oil Outlook (WOO) was launched at the OPEC Secretariat in Vienna. First published in 2007, the WOO offers a thorough review and assessment of the medium- and long-term prospects to 2040 for the global oil industry, as well as analysis of various sensitivities that have the potential to impact the petroleum […]

NNPC, First E&P, BGP Flag-Off Marine Oil Search

NNPC, First E&P, BGP Flag-Off Marine Oil Search

November 1, 2017 No Comments

The Nigerian National Petroleum Corporation (NNPC) has declared its commitment to growing the nation’s crude oil reserves and increasing daily national production with a view to boosting the nation’s revenue generation. Group Managing Director of the Corporation, Dr. Maikanti Kacalla Baru stated this during the flag-off ceremonies of the NNPC/First E&P Oil Mining Leases (OMLs) […]

Noble Energy Declares Quarterly Dividend

Noble Energy Declares Quarterly Dividend

October 24, 2017 No Comments

Noble Energy, Inc. (NYSE: NBL) today announced that its Board of Directors has declared a quarterly cash dividend of 10 cents per common share payable on November 20, 2017, to the shareholders of record at the close of business on November 6, 2017. Noble Energy (NYSE: NBL) is an independent oil and natural gas exploration […]

Neste acquires Jacob Engineering’s stake in Neste Jacobs Oy

Neste acquires Jacob Engineering’s stake in Neste Jacobs Oy

September 29, 2017 No Comments

Neste and Jacobs Engineering Group have agreed that Neste acquires the 40% shareholding of Jacobs in Neste Jacobs Oy. After this transaction, Neste holds all shares in Neste Jacobs. “Neste Jacobs is the leading company specializing in process industry technology, engineering and project management services in the Nordic countries. Its global customers include oil, gas […]

Noble Energy Updates Third Quarter 2017 Guidance

Noble Energy Updates Third Quarter 2017 Guidance

September 25, 2017 No Comments

Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or “the Company”) today provided an updated outlook for the third quarter of 2017. • Sales volumes for the third quarter have been raised to range between 352 and 358 thousand barrels of oil equivalent per day (MBoe/d), representing a 3 percent uplift or 10 MBoe/d increase at […]

NNPC Urged to Explore Oil in Sokoto Basin

NNPC Urged to Explore Oil in Sokoto Basin

September 22, 2017 No Comments

Sokoto State Governor, Rt. Hon. Aminu Waziri Tambuwal, has appealed to the Management of the Nigerian National Petroleum Corporation (NNPC), to activate oil and gas exploration campaign in the Sokoto Inland Sedimentary Basin with a view to establishing the volume and value of hydrocarbon deposits there. Governor Tambuwal who led a high powered Sokoto State […]

Petrobras Update on Oil and natural gas output in August

Petrobras Update on Oil and natural gas output in August

September 19, 2017 No Comments

In August, our total oil and natural gas output was 2.72 million barrels of oil equivalent per day (boed), of which 2.61 million boed produced in Brazil and 107,000 boed abroad. The average oil output in the country was 2.11 million barrels per day (bpd), stable compared with July’s. Record gas usage Natural gas production […]

Nigeria positioned for international oil, gas dominance

Nigeria positioned for international oil, gas dominance

August 25, 2017 No Comments

A recent PricewaterhouseCoopers (PwC) report suggests that by end-2019 Nigeria could assume the status of the largest producer of refined petroleum products in Africa. The projection sees Nigerian exports exceed 300,000 bpd by 2019 – up 350 per cent from 2016 production of 65,000 bpd. Source / Read More: guardian.ng Oil and Gas News Undiluted […]

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