Author: InvestAdvocate

Nigeria: TotalEnergies Divests its Non-Operated Interest in the Bonga Field

May 29, 2025/Caritas Communications TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) signed an agreement with Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for the sale of its non-operated 12.5% interest in the OML118 Production Sharing Contract (PSC) for an amount of $ 510 million. OML118 PSC is […]

Statement on Chair Powell’s meeting with the President

May 29, 2025/US Federal Reserve At the President’s invitation, Chair Powell met with the President today at the White House to discuss economic developments including for growth, employment, and inflation. Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend […]

Seplat Energy is Redefining Nigeria’s Energy Destiny – Roger Brown, CEO

May 29, 2025/Seplat Energy Plc From landmark acquisitions to digital innovation and ESG leadership, Seplat Energy is transforming Nigeria’s energy landscape and setting new standards for Africa’s indigenous operators, the Company’s Chief Executive Officer, Roger Brown, told Forbes Africa/Penresa team in an interview. Following its landmark acquisition of Mobil Producing […]