Energy
World Environment Day 2022: Chevron Commits to a sustainable Future
Precious ADELOLA
LAGOS-EVERY year on June 5, the world commemorates World Environment Day (“WED”) to celebrate and promote environmental awareness and sustainability across the globe. Led by the United Nations Environment Programme (“UNEP”), and held annually since 1974, each edition focuses on raising awareness and mobilizing the world to take positive action to protect nature and our planet.
The theme for this year is “Only One Earth” with focus on “Living Sustainably in Harmony with Nature.” It beams a spotlight on climate action, nature action and pollution action while encouraging everyone, everywhere to live sustainably. Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation (“NNPC”) and CNL (“NNPC/CNL JV”), identifies with this global action to save the planet as it aligns with our commitment to protecting the environment while providing affordable, reliable, and ever-cleaner energy.
CNL, not only conducts its business in a socially and environmentally sustainable manner, but also in compliance with applicable regulatory requirements, stakeholder expectation and best industry practices, and has made Environmental stewardship part of its social investment programmes.
Rick Kennedy, CNL Chairman and Managing Director, explains that CNL’s approach to sustainability is highlighted by its commitment to protecting the environment, empowering its people, and always getting results the right way. “Chevron is proud to be part of the solution to global environmental issues wherever we operate. Our environmental and energy transition efforts focus on lowering the carbon intensity of our operations, building lower carbon businesses, supporting well-designed climate policy, responsible water management, and biodiversity, while using our Operational Excellence Management System (“OEMS)” to manage risks.”
According to him, the company’s OEMS delivers industry-leading performance in process safety, personal safety and health, environment, reliability, and efficiency. “Our Environmental philosophy and processes lay the foundation for sound environmental management. The company protects the environment through the entire lifecycle from responsible design, development, operations, and asset retirement.” he stated.
CNL recognizes the importance of minimizing its environmental footprints and promoting ecosystem restoration. The company continually aims to achieve world class environmental excellence through implementation of its Environment Risk Assessment and Management (“ERAM”) procedure to identify, assess, mitigate, and manage environmental risks, environmentally related community health risks, and environmentally related social risks. CNL is committed to ecosystem sustainability, including ecosystem restoration interventions where required.
The restoration programmes provide positive environmental impacts and opportunities for raising the awareness of the community members to the impacts of degradation and benefits of restoration.
CNL is advancing its lower carbon strategy focusing on lowering the carbon intensity in its operations and taking proactive approaches to managing its methane detection and reduction capabilities. CNL utilizes high tech Optical Gas Imaging (“OGI”) cameras for detecting minute fugitive emissions. CNL has reduced routine gas flaring by over 95% in its operations in the past 10 years.
Chevron recognizes the importance of protecting and conserving a region’s biodiversity, and we have a long history of working in collaboration with communities, industry groups, regulators, and conservation groups to identify and protect biodiversity in parts of the world where we operate. CNL, in partnership with the Nigerian Conservation Foundation (“NCF”) established in 1992, the Lekki Conservation Centre (“LCC”). This 78-hectare facility, a center of excellence in environmental research and education, is reserved as a sanctuary for the rich flora and fauna of the Lekki Peninsula.
In 2005, CNL began supporting a yearly postgraduate research scholarship for PhD students in environment and conservation, instituted by the NCF. Additionally, the company hosts the annual S.L. Edu Memorial Lecture to promote environmental management awareness and partners with the Lagos State Government and NCF to sponsor an annual environmental awareness programme, tagged, Walk for Nature, an event held to create awareness and promote nature conservation and sustainable environmental management.
Esimaje Brikinn, CNL’s General Manager, Policy, Government and Public Affairs notes that for over 60 years, CNL has remained an active agent of sustainable development and strong advocate of partnerships in support of the environment. “We will continue to partner with stakeholders in raising public awareness to create the transformative environmental change we need to advance to a more sustainable future of our Only One Earth,” he said.
MRS Oil Nigeria Plc, a prominent player in the Nigerian downstream oil industry, has implemented a new petrol price of N935 per litre across all its retail service stations nationwide.
The company has also called on Nigerians to monitor and report any outlets that fail to adhere to the new price structure.
Biztellers reports that this is consequent upon an announcement by the President of Dangote Industries Limited, Aliko Dangote, that the Dangote Petroleum Refinery has partnered with MRS Oil and Gas to offer petrol at N935 per litre at retail outlets, following a reduction in the ex-depot price from N970 to N899.50 per litre.
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It was gathered that MRS Oil Nigeria Plc has instructed all its outlets to implement the new price immediately, setting up a digital platform and monitoring team to ensure full compliance.
In a statement on Monday night, the company declared, “Petrol is now being sold at N935 at MRS Filling Stations nationwide. If you find any station not following this price, please report it. Call 08009447853 or email: NG-FMKPMGWHISTLEBLOWING@NG.KPMG.COM”
Emphasising the eco-friendly nature of its products, MRS Oil added, “We call on all petrol station owners to join MRS Oil Nigeria Plc in improving the supply chain of our beloved country, ensuring product quality and availability in every corner of Nigeria for the benefit of all Nigerians.”
In Lagos, commuters were seen queuing at MRS filling stations to purchase petrol, with many expressing their gratitude to the Dangote Petroleum Refinery and MRS Oil and Gas, urging other marketers to support the indigenous refinery rather than import off-spec products into the country.
A commuter at the MRS station at Alapere on the Lagos Ibadan Express way, Ibukun Phillips, could not hide her joy as her husband filled up their car.
“I am very happy today. This is a victory for Nigeria,” she said. “The price reduction is the best gift of the season. But beyond just the reduction, we are buying standard, eco-friendly petrol at a lower rate. My husband and I have decided we will only be using MRS from now on because we are confident in the quality of the product and supporting the economy.”
A commercial bus driver, Adio Ajibade described the price reduction as a great relief, especially during the festive season.
“The reduction is a great relief. It will reduce transportation costs and benefit Nigerians. God will continue to bless Alhaji Aliko Dangote,” he said.
A public affairs analyst and university lecturer, Dr. Tunde Akanni, said the collaboration between Dangote Petroleum Refinery and MRS Oil represents a significant step towards improving the affordability, quality, and sustainability of petroleum products in Nigeria.
According to Dr. Akanni, “this move will not only help ease the financial burden on Nigerians but also promote a more environmentally conscious approach to fuel consumption, benefitting both the economy and public health in the long term.”
As a direct implication of the Federal Government’s Foreign Direct Investment drive, the Royal Dutch Shell has completed the final investment decision on the deep offshore Bonga North project in Nigeria.
Biztellers reports that the Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55% interest.
Shell’s Integrated Gas and Upstream Director, Zoë Yujnovich, said, “This is another significant investment, which will help us to maintain stable liquids production from our advantaged Upstream portfolio”.
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It was gathered that the Bonga North project involves drilling, completing, and starting up 16 wells (8 production and 8 water injection wells), modifications to the existing Bonga Main FPSO and the installation of new subsea hardware tied back to the FPSO.
The company is optimistic that the project will sustain oil and gas production at the Bonga facility.
The Bonga North currently has an estimated recoverable resource volume of more than 300 million barrels of oil equivalent (boe) and will reach a peak production of 110,000 barrels of oil a day, with first oil anticipated by the end of the decade.
In addition, the Bonga North will help ensure Shell’s leading Integrated Gas and Upstream business continues to drive cash generation into the next decade.
Chevron Nigeria Limited (CNL), has received an award as “Energy company of the year (2024)” for its Environmental Sustainability and Corporate Responsibility accomplishments.
The award presented by the Nigerian News Direct newspaper, on Friday December 6, 2024, and was received by Manager Communications, Chevron Nigeria and Mid-Africa Business Unit, Victor Anyaegbudike, at a colourful event at the Grand Ballroom of the Oriental Hotel, Lagos.
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The organizers of the award noted that Chevron has implemented the “Protecting People and the Environment” policy, which aims at preventing injuries, illnesses, and environmental incidents. They also referenced that the company has achieved 97% gas flaring reduction in its operations in Nigeria, while implementing waste management and environmental conservation programs.
According to the media organization, Chevron Nigeria has also invested millions of dollars in community development programs, supporting education, health and economic development initiatives that have benefited thousands of people, while ensuring diversity, inclusion, and employee engagement in its business operations.
Receiving the award from the Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, Anyaegbudike thanked the organizers for the honour, and reiterated Chevron’s commitment to continue to develop, affordable, reliable and ever-cleaner energy that enables human progress around the world.
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