As the globe shifts towards cleaner fuel, an indigenous upstream company, Levene Hydrocarbon, has reaffirmed its commitment to sustainable oil extraction and renewable energy sources.
According to The Punch, this was revealed in a document released on Monday.
“In the face of ongoing challenges and uncertainties in the energy sector, Levene Hydrocarbon remains steadfast in its commitment to innovation and sustainability,” stated the Executive Director, Upstream & Engineering Division, Levene Hydrocarbon, Bayo Adebiyi.
“We will surely play a vital role in Africa’s oil production with our contributions to greater energy security, reliability, and economic prosperity.”
According to the executive director, the company’s expertise in the exploration, extraction, and initial processing of hydrocarbon resources such as crude oil, natural gas, and bitumen, among others, positions it well to bridge the gap between trading companies and local and international refineries, while also engaging sovereign nations that own these hydrocarbon resources.
“These exploits have increased our presence as a global energy brand, providing innovative approaches to sustainably extract oil for increased energy security and reliability as countries steadily transition to cleaner energy sources, pending the availability of green infrastructure,” he said.
