Chevron appoints Dave Payne as Corporate Vice President of Health, Environment and Safety

Chevron Corporation today named David Payne corporate vice president of Health, Environment and Safety, effective May 1, 2018. Payne is currently vice president of Chevron’s Drilling and Completions organization. He succeeds Wes Lohec who has elected to retire from Chevron after 37 years of distinguished service on June 1, 2018.

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Shell expands Brazil operated footprint with new deep-water blocks

Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (Shell), today won four additional deep-water exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks. In the 15th deep-water bid round organized by the Brazilian National Petroleum Agency (ANP), Shell secured one exploration block on its own, and three in joint-bids with Chevron Brazil, Petrobras, and Petrogal Brasil. Of the newly acquired blocks today, Shell will operate two.

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Shell completes sale of its stake in Iraq’s West Qurna 1 oil field

Shell EP Middle East Holdings B.V. has completed the sale of the entire share capital of Shell Iraq B.V (SIBV), which held its 19.6% stake in the West Qurna 1 oil field, for $406 million, to a subsidiary of ITOCHU Corporation. The purchaser has also assumed debt of $144 million as part of the transaction.

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Power outage in some part of Lagos, as TCN carries out maintenance of substation

WorldStage Newsonline– The Management of Transmission Company of Nigeria (TCN) has announced that it will carry out annual maintenance of her equipment at the Itire 132KV Transmission Sub-Station in Lagos on Tuesday March 27, 2018 for four hours and there will be disruption of 34 Megawatts of electricity supply to customers in Ago, Okota, Ilasamaja, Ijesha, Itire and their environs.

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Nigeria: Stakeholders fault single regulatory body for the Petroleum industry in pending Bill

WorldStage Newsonline– Major stakeholders in Nigeria’s oil industry-  the Oil marketers and the Organised Private Sector (OPS) on Sunday kicked against the single regulatory body for the Petroleum industry as recommended in the Petroleum Industry Governance Bill (PIGB) pending before the National Assembly.

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