Nigeria Archives - Energy Analytics Institute (EAI)

TotalEnergies awarded 2 exploration permits offshore Nigeria

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Sep.2025, Words: 185) — TotalEnergies (80%, operator), together with its partner South Atlantic Petroleum (20%), have […]

Shell reports 2Q:25 results, comments on LNG Canada [pdf downloads]

LONDON, ENGLAND (By Shell, 31.Jul.2025, Words: 128) — Shell plc Chief Executive Officer, Wael Sawan commented on the company’s second-quarter 2025 results. “Shell generated robust […]

IMF and “tenuous resilience amid persistent uncertainty” [pdf download]

WASHINGTON, DC (By IMF, 28.Jul.2025, Words: 292) — Global growth is projected at 3% for 2025 and 3.1% in 2026, the International Monetary Fund (IMF) […]

Bristow highlights headwinds amid opportunities in Nigeria, Brazil and Suriname

HOUSTON, TEXAS (By editors at Energy Analytics Institute, 26.Feb.2025, Words: 393) — Bristow Group Inc., a global provider of innovative and sustainable vertical flight solutions, […]

Venezuela flared 46% of its 3,895 MMcf/d of natural gas production in 2024

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025, Words: 1,030) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting […]

CERAWeek by S&P Global Houston, 10-14 Mar. 2025

HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials […]

Baker Hughes to Deploy Leucipa Automated Field Production Solution in Niger Delta

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Baker Hughes announced an agreement with NNPC Limited/FIRST Exploration & Petroleum Development Company (FIRST E&P) joint […]

Nigeria Officially Joins BRICS as Partner Country

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Jan.2025) — Nigeria formally joined BRICS as a partner country of the grouping. “With the world’s sixth-largest […]

IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below […]

EAI’s 4Q:24 NRG Prospector condensed version [emagazine download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) — Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” […]

Shell Takes FID at Bonga North Offshore Nigeria

(Energy Analytics Institute, 16.Dec.2024) — Shell plc subsidiary Shell Nigeria Exploration and Production Company Limited (SNEPCo) announced a final investment decision (FID) on Bonga North, […]

Equinor Pockets $2bn in Azerbaijan and Nigeria Business Exits

(Equinor, 9.Dec.2024) — Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to $2bn. After […]

EAI’s ‘Africa NRG Insights’ investor report (FREE PDF download-prologue)

HOUSTON, TEXAS (Energy Analytics Institute, 15.Jun.2024, Words: 136) — Energy Analytics Institute‘s recently released ‘Africa NRG Insights’: Africa’s ‘Just’ Energy Transition: An Investor’s Perspective on […]

bp, Equinor, Shell and TotalEnergies to Boost Access to Energy (PDF Download)

(Equinor, 15.Nov.2024) — bp, Equinor, Shell and TotalEnergies announce a commitment to invest in support of the UN Sustainable Development Goal 7 (UN SDG7), which […]

‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29

(Rockefeller Foundation, 11.Nov.2024) — As part of Human Development, Children and Youth, Health, and Education Day at the United Nations Climate Change Conference in Baku, […]

Scientists: Epoch Marked by human impact — the Anthropocene — Began in 1950s

(AP, 11.Jul.2024) — From climate change to species loss and pollution, humans have etched their impact on the Earth with such strength and permanence since […]

TotalEnergies Launches Ubeta Gas Development to Supply Nigeria LNG Liquefaction Plant

(TotalEnergies, 20.Jun.2024) — TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), operator of OML 58 onshore license in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation […]

CERAWeek 2024 Boasts Delegate Attendance of 8,100+

(Energy Analytics Institute, 22.Mar.2024) — The CERAWeek by S&P Global, held 18-22 Mar. 2024 in Houston, Texas, boasted in attendance 8,100+ delegates (9,400+ when counting […]

EAI’s NRGBriefs: Feb. 2024

(Energy Analytics Institute, 29.Feb.2024) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and CNOOC considering […]

TotalEnergies Starts Production in Nigeria at Akpo West Field

(TotalEnergies, 7.Feb.2024) — TotalEnergies and its partners announce the start of production from the Akpo West field on the PML2 license in Nigeria. Located 135 […]

Strohm Completes First TCP Jumper in West Africa

(Strohm, 16.Jan.2024) — Strohm, the world’s first and leading TCP technology company, has supplied TotalEnergies with a thermoplastic composite pipe (TCP) Jumper, which has been […]

S&P Global Releases its 2024 Energy Outlook

(S&P Global, 14.Dec.2023) — Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, […]

Norway’s Equinor Divests Nigeria Business

(Welligence Energy Analytics, 29.Nov.2023) — Equinor has announced the sale of its Nigeria business to Chappal Energies for an undisclosed consideration. What were the key […]

Chevron Reveals 3Q:23 Results, Comments on Hess Deal [PDF Downloads]

(Chevron, 27.Oct.2023) — Chevron Corporation (NYSE: CVX) reported earnings of $6.5bn ($3.48 per share – diluted) for third quarter 2023, compared with $11.2bn ($5.78 per […]

Africa Oil Announces Strategic Hires

(Africa Oil Corp., 4.Oct.2023) — Africa Oil Corp. announced the strategic recruitment of two highly-experienced energy executives to strengthen its leadership team. Dr Oliver Quinn has been […]

Eni Tops TotalEnergies as Africa’s Top Producer

(Energy Analytics Institute, 11.Sep.2023) — Eni actually takes the top spot as Africa’s top producer, not TotalEnergies, according to Welligence Energy Analytics. Producing around 900,000 […]

African School of Regulation Launches during African Climate Summit

(The Rockefeller Foundation, 5.Sep.2023) — The African School of Regulation (ASR) officially launched today during the Africa Climate Summit 2023, which is co-hosted by the […]

An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]

(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt […]

TotalEnergies Nigerian Find Largest in a Decade

(WoodMac, 16.Jun.2023) — Addressing TotalEnergies discovery at Ntokon in the shallow water Niger Delta, Gail Anderson, director of upstream research at Wood Mackenzie, said “Ntokon is likely […]

TotalEnergies Reveals Discovery Offshore Nigeria

(TotalEnergies, 13.Jun.2023) — TotalEnergies announces the Ntokon oil and gas discovery on OML102 offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, […]

Global Gas Flaring Tracker Report [PDF Download]

(The World Bank, 31.Mar.2023) — After a decade of little progress, global gas flaring volumes fell by around 3% in 2022. However, despite this welcome […]

OPEC Cuts Oil Demand Forecast to Below the 100 MMb/d Mark [PDF Download]

(Energy Analytics Institute, 12.Oct.2022) — The Organization of Petroleum Exporting Countries (OPEC) now forecasts oil demand to dip below 100 million barrels per day (MMb/d) […]

Nigeria’s NNPC Renews Oil Contracts to Produce 10 Billion Barrels

(Reuters, 12.Aug.2022) — Nigeria’s state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater […]

Production Starts at Ikike Field Offshore Nigeria

(TotalEnergies, 25.Jul.2022) — TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike […]

Heritage Oil Limited Gets New Chief Executive Officer

(Heritage Oil Limited, 20.Jul.2022) — Heritage Oil Limited has appointed Adogbeji (Ado) Oseragbaje as its new Chief Executive Office with effect from 14 July 2022. […]

Nigeria’s State-owned Energy Firm Begins Commercial Operations

(Bloomberg, 19.Jul.2022) — Nigeria’s state-owned energy firm will now operate as a commercial entity without relying on government funding and direct controls, President Muhammadu Buhari […]

Mohammad Sanusi Barkindo: An OPEC Icon, A Dear Friend to Many

(OPEC, 6.Jul.2022) — It is with immense sorrow and sadness that the OPEC Secretariat learnt of the passing of the OPEC Secretary General, His Excellency, […]

Keynote Address by OPEC Secretary General Barkindo

(OPEC, 5.Jul.2022) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the opening ceremony of the 21st edition of Nigeria Oil and Gas […]

Adewole Adebayo, Candidate for President of Nigeria, visits Washington, DC

(Adewole Adebayo, 28.Jun.2022) — Prince Adebayo, who recently won the Social Democratic Party (SDP)‘s nomination for president, is visiting the US by invitation to attend […]

222 Million Crisis-Impacted Children in Urgent Need of Educational Support

(Education Cannot Wait, 21.Jun.2022) — The United Nations global fund for education in emergencies and protracted crises, Education Cannot Wait (ECW), released a shocking new report today […]

All On and Solstroem Ink Deal to Finance Technology Platform for Carbon Credits

(All On, 16.May.2022) — All On, a shell-funded impact investment company focusing on strengthening the off-grid energy markets in Nigeria, is pleased to announce an […]

OPEC’s Mohammad Barkindo Visits Petrocedeño Upgrader

(Energy Analytics Institute, 11.May.2022) — Petróleos de Venezuela S.A. (PDVSA) President Asdrúbal Chávez, and the board of directors of the company received the Secretary General […]

OPEC’s Barkindo Visits Jose Antonio Anzoátegui Petrochemical Complex

(Energy Analytics Institute, 11.May.2022) —The Organization of Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo and an OPEC delegation visited the ‘Jose Antonio Anzoátegui Petrochemical […]

NRGBriefs: CGX, Frontera on Guyana; Barkindo’s OPEC Wind-down

(Energy Analytics Institute, 9.May.2022) — Energy briefs including CGX and Frontera executives briefing the media on the Kawa-1 and Wei-1 exploration wells offshore Guyana; and […]

NRGBriefs: Nigeria’s Barkindo Visits with Venezuelan Authorities

(Energy Analytics Institute, 7.May.2022) — Energy briefs including the Organization of Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo visiting Venezuela to participate in meetings […]

Lekoil Nigeria Secures Court Injunction Against Lekoil Ltd and Savannah Energy Investments

(Lekoil Nigeria Limited, 6.Apr.2022) — Following the announcement of 28 February 2022 by Lekoil Limited that it had entered into an agreement with Savannah Energy Investments Limited, […]

World Bank: Global Growth to Slow Through 2023

(World Bank, 11.Jan.2022) — Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and […]

Roundtable: Celebrating African Innovation And Leadership

(US House of Representatives, 25.May.2021) — For Africa Day 2021, the House Foreign Affairs Committee will convene notable African leaders and entrepreneurs to discuss how […]

Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video

HOUSTON, TEXAS (Energy Analytics Institute, 31.Dec.2021) — Energy Analytics Institute (EAI), which provides breakings news coverage of energy markets primarily in Latin America and the […]

Shell Updates On African Assets In Annual Report

(Shell, 1.Apr.2021) — Shell provided details in its 2020 annual report related to its operations in Africa from Egypt, Nigeria and Algeria, among other countries. […]