Chevron’s agreement with Olorunsogo Genco to boost power production in Nigeria’s Ogun State

NIGERIA – Chevron Nigeria Limited (CNL) has signed a gas sale and aggregation agreement with Olorunsogo Generation Company Limited aimed at boosting power production at the facility. Chevron said in a statement that the agreement which was also signed by Niger Delta Power Holding Company Limited (NPHC) and Gas Aggregation Company Nigeria Limited (GACN) would enable it to supply gas to the Genco on an interruptible basis. Oil and gas multinational also revealed that a daily contract quantity of 0-63,000MMbtu/d of natural gas would be delivered to Olorunsogo Generation Company…

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Chevron advocates for global action to reduce greenhouse emissions

NIGERIA – Chevron Nigeria Limited is advocating for continuous global engagement and action to reduce greenhouse emissions in order to address climate change issues. CNL’s Managing Director, Jeff Ewing, made the call during the 2019 edition of the PRSG-Richardson Health, Safety, Security and the Environment Forum in Lagos. In his keynote address entitled, ‘Global Warming – Real Issues and Our Responsibility,’ Ewing, who was represented by the Director, Deepwater and Production Sharing Contracts, Rick Kennedy, said it was time to address issues of climate change. The Chevron boss emphasized the…

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South Africa’s Competition Commission nods Glencore’s Chevron merger

SOUTH AFRICA – The Competition Commission of South Africa has recommended that the Competition Tribunal conditionally approve Glencore’s proposed acquisition of the Chevron SA assets. However, the commission highlighted that the proposed transaction had raised public-interest concerns and hence has recommended its approval subject to a number of conditions, Business Daily reports. As part of the conditions, the commission recommends that there be no retrenchments of Chevron SA workforce as a result of the merger. Additionally, Glencore, a global resources company, should also ensure that Chevron SA’s head office remains…

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