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EOG Resources Reports Excellent First Quarter 2021 Results; Declares $1.00 per Share Special Dividend - Vimarsana News

EOG Resources Reports Excellent First Quarter 2021 Results; Declares $1.00 per Share Special Dividend

$/Mcf U.S. Dollars per thousand cubic feet This press release may include forward‐looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, including, among others, statements and projections regarding EOG's future financial position, operations, performance, business strategy, goals, returns and rates of return, budgets, reserves, levels of production, capital expenditures, costs and asset sales, statements regarding future com...

Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant - Vimarsana News

Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

Peter Uzoho Lagos State Governor, Mr. Babajide Sanwo-Olu, has commended Total Exploration and Production Nigeria Limited, Nigerian National Petroleum Corporation (NNPC) and their operating partners, Sapetro, CNOOC, and Prime, over their donation of a medical oxygen plant to the state. Sanwo-Olu gave the commendation while inaugurating the facility sited at the Gbagada General Hospital, Gbagada, Lagos State. He said the plant which has the capacity to produce 100 bottles of oxygen per day was the biggest of such plant to be inaugurated in the state. Sanwo-Olu said: “I also want to commend To...

Resolving Litigations in Oil Industry - Vimarsana News

Resolving Litigations in Oil Industry

The introduction of Alternative Dispute Resolution mechanism into the Nigeria oil and gas industry will held address conflicts amongst industry players, writes Peter Uzoho Last Thursday, the Department of Petroleum Resources (DPR) in collaboration with stakeholders across the upstream, midstream and downstream value chains of the Nigeria oil and gas industry formerly activated the Alternative Dispute Resolution Centre (ADRC) in Lagos. The ADRC is one of the five flagship centres of the Nigeria Oil and Gas Excellence Centre (NOGEC) flagged off in January by President Muhammadu Buhari. ADRC is ...

Total halts additional drilling around SA's Brulpadda and Luiperd gas deposits - Vimarsana News

Total halts additional drilling around SA's Brulpadda and Luiperd gas deposits

Total halts additional drilling around SA’s Brulpadda and Luiperd gas deposits Business Insider SA facebook Deepsea Stavanger. Photo: YouTube Oil and gas multinational Total has postponed its application for “additional drilling and associated activities” in South Africa's Block 11B/12B exploration area. This is the same block which contains the large underwater gas deposits of Brulpadda and Luiperd, which are expected to change South Africa's energy mix. Recent discoveries off Mossel Bay’s have been estimated to hold at least one billion barrels of ...

Embark on new oil projects, FG urges IOCs - Vimarsana News

Embark on new oil projects, FG urges IOCs

Punch Newspapers Sections ’Femi Asu International Oil Companies operating in the country have been urged to embark on new projects despite the delay in the passage of the Petroleum Industry Bill. The Nigerian Content Development and Monitoring Board, an agency in the Federal Ministry of Petroleum Resources, said many local fabrication and manufacturing yards had been idle since the conclusion of the Total’s Egina deepwater project in 2018. The Executive Secretary, NCDMB, Mr Simbi Wabote, urged other IOCs to emulate Total Exploration and Production Company in sponsoring new projects and st...