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Total And Sustainable Dev Practice

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Corporate relations responsibility is a core value to any successful business venture and to Total Exploration and Production Nigeria (TEPN) Limited, it is not just a responsibility but a commitment. This commitment has propelled the company’s core value in corporate social responsibility which basically include respect for the environment and the enhancement of social and economic well being of communities hosting its facilities. The company has made concerted efforts in putting in place structures and programmes for the improvement of the well being of its host communities.

Little wonder Total has been adjudged the best in the oil and gas industry in terms of its corporate social responsibility delivery to host communities which is hinged on the concept of sustainable development.

The concept stresses that when indigenous communities run majority of their programmes through institutions and enterprise set up by themselves and for themselves with Total as partners, high sustainability is maintained.

This, no doubt, has greatly paid off for the company as amidst the restiveness that other oil companies face, for Total upsstreams companies in the country, the relationships with all the communities that host its facilities have been robust and cardinal. They have operated in relative peace with all their neighbours and stakeholders. The acceptance by host communities and the perception of the Company as a role model in Corporate Social responsibility delivery by the larger society have placed the company in a good stead in the oil and gas industry. Only recently, the company’s sustainable development practice was stretched to those at the other end of society as in mates of charity homes in Port Harcourt were showered with gifts worth millions of Naira.

Among the homes visited were Home for the Elderly, Harbour Road, Motherless Babies Home Borokiri, Global Foundation for Orphaned Chilren, Ikwerre Road by Rumuokwuta and David Bassey Ikpama Home Eagle Island.

Items donated to these homes include food stuff, baby cots/Matrrases, branded wooden beds, baby changing station, provisions among others.

Presenting the items, the company’s Public Relation Manager, Port Harcourt district, Mr. Ikwazom Norbert said, “it is the tradition of Total to share the concerns of its host communities and especially during festive periods, we let every facet of society have a feel of Total’s presence”.

Responding to the gesture, Cliff Jarrell, the father of the family of almost 40 orphaned children (Global foundation for Orphaned Children) said “it is a huge help, you have taken a huge burden from me. I thank Total for being agent of mercy. An agent of change; an angel to the home. You will surely be rewarded”.

In the same vein, Mrs Barile Austine Nwakoh, Matron of the Port Harcourt Children’s Home said Nigeria would have being a much better place if we have more of the likes of Total, urging others to emulate the company.

Indeed, Nigeria, specifically the Niger Delta would have been a better place if we had many more companies like Total in existence companies that would put the people at the centre of policy formulation and implementation in the delivery of social programmes in their domains.

The practice, rather, industry-wide has been the usual appeasement of community leaders through payments and assistance which ended up not meeting the real needs of the people.

And sometimes, the appeasement ends up in the pockets of some priviledged few.

At other times when these companies go beyond payments and assiatnace to the provision of basic infrastructure which did not, emanate from community consultation, it could not be sustained as the stakeholders or communities were disconnected from such programmes.

No wonder most projects carried out by companies that took this approach end up either being abandoned or decadent due to lack of maintenance. The people become discontented and naturally results to resentment and aggression.

Total had a paradigm shift in its corporate social responsibility delivery to host communities since 2007 which has set it apart in the oil and gas industry. Total’s approach has not only been adjudged the industry bench mark but has made the company to have commensurate value for projects and programmes initiated; and the host communities derive full satisfaction.

Hear what Mr. Edem Etim Ebong, Chairman, Ibeno Youth Development Council said in an interview:

“Total has been one of the best oil and gas company Ibeno has associated with. It is the first oil company so far that will sit down with the community and discuss their developmental needs so as to have a framework of agreement on what is expected from each party … the relationship has taken off well and it is cordial”.

In demonstration of the company’s commitment to the educational development of its host communities, the company in collaboration with the consultancy division of Benviatto Schools Limited organised the 2011 Career Guidance and Counselling Programme for secondary Schools in its, OML  58 areas. The 2011 edition was the third in the series which had about 163 students drawn from eleven secondary schools in OML 58, NYSC members, teachers and community representatives’.

The company’s General Manager, Sustainable Development and Public Affairs, Mr. Vincent Nnadi represented by Anthony, Umesi, head, Educational Development said the programme is one of the compnay’s valued programme aimed at exposing students to various career.

By the programme students from the communities are exposed early in their lives to the variety of courses and professions available. They are placed in a vantage position to choose courses that they have aptitude in as it will be easier to excel and add more value to society in such chosen fields.

Also a limelight was thrown on the importance the company’s attaches to the health of indigenes of its host communities during the maiden edition of the training workshop for Traditional Birth Attendants in Akabuka. It was organised in collaboration with Partners on Health Resources and over 62 participants from OML 58 communities. The aim is to build the capacity of participants on effective maternity services and health care delivery.

Total is one company that is in the forefront in the implementation of the Nigerian Oil and Gas Industry local Content Development (NOGIC) Act. An Act that is geared towards the establishment of facilities in the country and ensuring  they are patronised in a bid to bring Nigerians jobs back home for instance the Akpo Oil and Gas Deeproater Development Project (OML130) which delivered its first oil in 2009 had 7.85 million man-hours in local employment, 25,900 tonnes of steel in local fabrication and an overall Nigeria content value of 80 per cent.

The first Nigeria’s privately owned vessel, MV OSAYAME came into being through the support of Total.

One can therefore make bold to say that Total is one company that is committed to extending socio-economic benefits to all the areas where it operates.

Borrowing the words of Sir Winston Leonard Spencer – Churchill, “Courage is what it takes to stand up to speak and courage is what it takes to sit down and listen” Relationship can be marred or sustained through the courage to give and receive. And in every relationship there is time to give and a time to receive; a time to understand and to be understood. Therefore at every point, both ends have something to do which is usually a onerous task that takes courage to accomplish.

Total has performed its part of the pact creditably by paying the price to keep the relationship with host communities thereby getting a great value for both parties involved.

Price going to prove Warren Edward Buffet’s words that, “Price is what you pay. Value is what you get”.

Vivian-Peace Nwinaene

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Oil & Energy

Hysteria Clashes with Missing Oil Barrels

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A looming oil glut has taken over the energy commodities market as the dominating sentiment among traders and analysts. Everyone is predicting a glut—the only difference is in its size. But there is a fly in the bearish ointment. The IEA admitted this week that it was unable to account for 1.47 million barrels of supply.
The International Energy Agency deepened the glut mood last week, when it predicted a supply overhang of 2.35 million barrels daily for this year, and an all-time high surplus of 4 million barrels daily for 2026. In the same report, however, the IEA admitted it cannot place some 1.47 million barrels daily in global supply for August.
This is nothing abnormal in oil supply estimation, Reuters’ Ron Bousso noted in a report on the matter, but the size of the barrels that are unaccounted for casts a shadow over the accuracy of the IEA’s predictions. It suggests that in August, the global supply overhang may have been 1.47 million barrels daily larger than the IEA estimated or, then again, 1.47 million barrels daily smaller. The number for August gains even more significance in light of the fact that it is a sizable increase on earlier “missing barrel” estimates: 850,000 bpd for July and 370,000 bpd for the second quarter of the year, per Bousso, who cited IEA data.
While the IEA looks for the lost barrels, other agencies are updating their supply and demand forecasts for 2026—and prices just inched up because apparently some traders got fed up with the glut hysteria.
BloombergNEF, for instance, not known for its bullish tendencies, has revised its supply growth prediction for 2026 by 200,000 barrels daily for an oversupply size of 3.3 million barrels daily. For this year, the agency sees oversupply at 1.16 million barrels daily, which raises the question of how the prediction for 2026 would come true when gluts tend to push prices and drilling down, curbing output instead of boosting it twofold.
The U.S. Energy Information Administration expects a supply overhang of 1.9 million barrels daily this year, growing to 2.1 million barrels daily in 2026. The numbers are an upward revision of earlier forecasts for a 1.7-million-bpd surplus this year and a 1.6-million-bpd overhang for 2026.
Bloomberg, meanwhile, stoked the glut fire by reporting there were 1 billion barrels of crude oil on tankers at sea. The report noted this was oil in transit, meaning some of it, at least, is en route from seller to buyer, but the implication was that a lot of the oil was actually looking for a buyer in an oversupplied market.
“Crude cargoes from the Middle East are starting to go unsold and key price gauges signal that supply scarcity is ending,” Bloomberg wrote, which is an interesting point to make, seeing as there has not been talk about any sort of supply scarcity for months.
“For the last 12 months we’ve all known that there’s this surplus that’s coming,” Trafigura’s global head for oil, Ben Luckock, said earlier this month as quoted by Bloomberg. “I think it really is just about here now.”
“The most straightforward of economic concepts is driving this decline: There’s simply too much supply relative to how much the world is consuming,” analyst Rory Johnston from Commodity Context told the Financial Post.
The IEA, meanwhile, reported in its latest monthly update that in August, oil on water declined by 8 million bpd. It followed up with preliminary estimates that oil on water surged to 102 million over the next month. That would be quite a sudden buildup in oil in floating storage over a very short period of time and would perfectly justify preparations for a glut.
Oil prices, in the meantime, however, have ticked higher. One of the reasons seems to be that some market observers have developed something of a glut fatigue and are starting to doubt the predictions. As UBS’ Giovanni Staunovo wrote this week in a note, “While supply concerns have increased in recent weeks again, we believe the oil market is oversupplied but not in a glut.”
Concern about supply security from Russia also contributed to the latest in oil, suggesting that the supply overhang is not large enough, indeed, to leave traders cold to the news that a peace summit between the presidents of Russia and the United States had been put on hold. According to Reuters, U.S. pressure on Asian oil buyers from Russia had also contributed to the shift in oil supply sentiment.
Now, if the supply excess was as large as the IEA, the EIA, BloombergNEF, and Bloomberg proper, plus dozens of other forecasters have suggested, then the above developments in geopolitics would not have really mattered much for oil prices. The fact that they do suggests still existent sensitivity to supply disruptions, meaning the perception of a glut is a fragile one.
By: Irina Slav
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Oil & Energy

Proffer Solutions To Energy Crisis, PTI Urges FG. Stakeholders 

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The Petroleum Training Institute (PTI), has urged stakeholders in the energy sector to proffer solutions to the country’s energy crisis.
PTI gave the urge at its 4th Biennial International Conference on Hydrocarbon Science and Technology (ICHST), organized in partnership with the Ministry of Petroleum Resources (MPR), Petroleum Technology Development Fund (PTDF), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), NNPC Academy, Nigerian Content Development and Monitoring Board (NCDMB), and CypherCrescent Ltd, held in Abuja, at the Weekend.
In a Communique issued shortly after the conference, by the Director, Research and Development, PTI, Dr. Tina Isichie, urged the nation to address its energy crisis with a sustainable solution.
The stakeholders noted that Nigeria is endowed with 207 trillion cubic feet reserves of gas aside from oil reserves that is sufficient to support development.
Isichie said, “Nigeria has been blessed with natural gas resources (currently a reserve of 207 TCF) in addition to oil. This is enough to support developments by leveraging digitalization, innovation, and technology across the board.
“It is projected that by the year 2050, Nigeria will be the 3rd most populous country on earth, necessitating an urgent need to think outside the box and proffer sustainable solutions to the country’s energy crisis.”
She said considering the government policy of 2020-2030 as the Decade of Gas, the government should speed up CNG investment and ensure all LPG importers set up processing plants in Nigeria so that the commodity will be readily available and at an affordable price.
According to her, despite the PIA 2021, persistent issues including under-utilized refineries, capacity gaps in the workforce, and challenges with technology transfer and environmental obligations have plaqued the sector.
The conference recommended that there should be a strong mandate for all Ministry of Petroleum Resources agencies to partner and collaborate on generating solutions and evolving the required technology for local production issues.
The conference, according to the communique, emphasised maximizing Nigeria’s 207 TCF gas reserves to drive national development, urging the acceleration of CNG investment and sector liberalization to diversify the economy into agriculture and ICT.
Isichie said there was a resolution to establish centres of excellence and foster collaboration between industry and academia to build a talented workforce prepared for the energy transition.
The Director stressed that transparency is the “currency of trust” needed to propel the sector, advocating for domestic participation and leveraging divestment to demonstrate local technical and financial capability.
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Oil & Energy

Monarchs Task FG On Host Communities’ Welfare  ………As PINL Targets 2000 Women For Empowerment 

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Monarchs of Host Communities have called on the federal government to place premium on the welfare of communities hosting oil pipelines.
This is even as the government records continuous increase in crude oil production output.
They lamented that the increase has not affected the lives of host communities
insisting that the deliberate consideration of the welfare of the communities would further enhance the safety of the oil pipelines and production output.
The monarchs, along the Eastern Corridor of the Trans Niger Pipeline ((TNP), made the call at the Stakeholders Engagement Meeting organised by the Pipeline Infrastructure Nigeria Limited (PINL) for its host communities of Rivers, Abia and Imo States, held in Port Harcourt, noted that lately the ……………
The Paramount Ruler of Emohua in Rivers State, His Majesty, Eze Sergeant Awuse, who led the call said “You have been announcing increased in production but are there improvement in the welfares of the people of the areas? How much improvement do we have?
“No amount of dramatisation here will give us peace if the government don’t look into the welfare of the area where these incomes are taken from. The well-being of our people are more important. This oil is our own.

“Every community would say those who are going to break the pipelines are from your community. How much more ability do we have as traditional rulers? How much power do we think we have?

“Pass our message to the government. Tell them it is time to not only put it into law and give authority to the traditional rulers but it’s time to implement it because if you don’t implement it nothing will happen”.

Also speaking, the Coordinator, Supreme Council of Ogoni Traditional Rulers, King Samuel Nnee, said people of the host communities deserve better dividends from the resources on their soil.

He decried the notion that traditional rulers are usually aware of the activities of suspected vandals in communities, urging the government and security agencies to level up in ensuring peace in the host communities.

In his words, “It has not been easy with traditional rulers because in our respective communities when you have bad boys they say we are responsible. When government want to confront traditional rulers or the evil deeds of our people, they say traditional rulers know all the people that are bad without thinking that the children- most of them, who are well educated; deserve the good things of life which government has refused to provide for them. So I want to say that the government should help our communities”.

On the responsibility to protect the pipelines and other critical assets, the monarch said Niger Delta kings need improved empowerment from the government at all levels to better perform that responsibility.

“I want to call on the agencies of government to care for the kings because we mean well for them. We’ll join you in this battle but if we are hungry we might not be able to do it more effectively.

” I want to urge the companies and government that the kings of the Niger Delta need a push to work better and then government will make progress, ” he added.

Nnee who commended the PINL for the recognition of traditional institution in their operations further called on the monarchs in the Niger Delta step up their primary function of protecting lives and all critical assets in their domain.

Speaking on behalf of the youths, the spokesperson, Coalition of Niger Delta Ethnic Youth Leaders, Comrade Legborsi Yamaabana, said lauded PINL’s mode of operations particularly in the monthly engagement of communities and relevant stakeholders.

Yamaabana attributed the company’s successes to its people oriented strategies, urging the government to give the company more responsibility.

“You are aware that production has surged, it didn’t happen as a mere coincidence, it happened as a result of concerted effort.

” So because this company has done well thus far, we’ll be calling on the government to give PINL more responsibilities because they have performed so that we’ll continue to enjoy the environmental protection we now have, ” Yamaabana said.

The Eze Ekpeye Logbo, King Kevin Anugwo, described as ‘competent’ the operations of PINL pointing out that the company has identified with the host communities which has resulted in maximum production output.

Represented by Dr Patricia Ogbonnaya, King Anugwo appealed to the Federal Government to retain the services of PINL saying “We want to appeal to the Federal Government that if they want these areas to grow, don’t replace PINL with another company.

” We are calling on the Federal Government that you (PINL) has delivered on the job and so it’s only natural and moral that you give more to them so that they can render more services”.

Earlier in his address, the General Manager, Community Relations and Stakeholders Engagement, PINL, Dr Akpos Mezeh, disclosed that the company has finalised plans to kick start the empowerment of 2000 women from the host communities.

Mezeh, said the program was focused on small business development, financial literacy, and skills training for women and girls in the host communities.

“Through the PINL Women’s Skills Development and Enterprise Program, 2,000 women are being targeted for empowerment before the year’s end.
“The PINL Women Entrepreneurs & Empowerment Initiative has completed data capturing, conducted in Port Harcourt for host communities in Abia, Imo, and Rivers States, and Yenagoa for Bayelsa communities. This program focuses on small business development, financial literacy, and skills training for women and girls. Verification of data had just been completed beneficiaries would soon be contacted”, he said.
Mezeh further revealed that scholarship programme for youths were being processed for payment, with beneficiaries expected to receive disbursements adding that new entries from underrepresented communities have also been added to the list.
On environmental and social impact support, Mezeh stated that PINL is partnering relevant government agencies and environmental experts on joint assessments to identify priority areas for remediation and social investment in the host communities.
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