In quest to evolve into a global profit oriented enterprise and sequel to its recent rebranding, the Nigerian National Petroleum Company (NNPC) Limited has acquired OVH Energy Marketing Limited’s downstream assets. The assets acquired from the company, which operates Oando filling stations, include a reception jetty with 240,000 metric tonnes monthly capacity and eight liquefied petroleum gas […]

McDermott International has been awarded a Front-End Engineering Design (FEED) contract from Viva Energy Australia as part of its Geelong Refinery project to provide additional desulfurization capabilities. The award follows the successful completion of the Pre-FEED activity and encompasses early engineering and procurement services to support the project schedule. Under the contract scope, McDermott will […]

The partnership between TotalEnergies and ADNOC has been further strengthened following the signing by ADNOC Distribution of an agreement to acquire a 50% stake in TotalEnergies Marketing Egypt LLC for a consideration of approximately $200 million. This new transaction follows the signing of the strategic partnership agreement signed by TotalEnergies and ADNOC on the occasion […]

Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, subsidiaries of Shell plc, have completed the sale of Shell Neft LLC, Shell’s retail stations and lubricants business in Russia, to PJSC LUKOIL. This follows the receipt of all necessary regulatory approvals. The sale agreement was announced on May 12, 2022. All people currently working for Shell Neft, […]

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has  recently in ongoing Nigerian Continent Midstream-Downstream Oil and Gas summit in Lagos disclosed the Federal Government plan between NCDMB in partnership with NNPC to construct a 50,000liters petroleum products terminal in Brass Island to support storage and distribution of white products in […]

The Angola’s Ministry of Mineral Resources, Petroleum and Gas have announced a successfully testing of Cabinda refinery Equipment for the upcoming Cabinda refinery at a facility in Houston recently. Factory acceptance testing was performed by Vfuels Oil & Engineering on Monday with positive results. Cabinda Refinery Equipment tested includes a modular crude oil distillation unit […]

Recently in Dublin, Ireland the Nigerian National Petroleum Corporation (NNPC), said it spent N91.667 billion on refinery rehabilitation in 11 months, from January to November 2021 corroborating the report presentation to the Federation Account Allocation Committee (FAAC) in December 2021, which NNPC also stated that N45 billion was spent on pipeline security and maintenance, while […]

Shell has announcedthat it has become the first supplier of sustainable aviation fuel (SAF) to customers in Singapore. Shell has also completed the upgrading of its facility in Singapore which will enable blending of SAF in Singapore. SAF is approved for use in aircraft operating today only when blended in a ratio of up to 50% […]

When it comes to choosing the right product for your vehicle, we know that sustainability and the environment play an increasingly important role in decision making. Consumers around the world now expect brands to offer sustainable products, with 74% citing environmental concerns**. At Shell, we want to help you make the best choice – one […]