Africa-focused independent exploration company, Impact Oil & Gas has launched a multi-well drilling program offshore Namibia to assess the hydrocarbon reserves available in TotalEnergies’ large-scale Venus discovery, as well as their flow potential into adjacent blocks. Impact Oil & Gas owns an 18.89% stake in Block 2913B – which comprises the Venus discovery in the […]
The groundbreaking of Oloibiri Museum and Research Centre (OMRC) was performed on Tuesday by President MuhammaduBuhari, an event that attracted leaders of the Nigerian oil and industry who made firm commitments to the execution and sustenance of the project. President Buhari was represented by the Minister of State for Petroleum Resources, Chief Timipre and was
By Our Correspondent A Container ship ESCAPE reported a fire in the engine room, which spread to the superstructure, at 0042 UTC on February 22, 2023, in the Gulf of Riga, Baltic sea, Latvia, according to FleetMon. It stated: “At 0057 15 crew abandoned the ship and went into a lifeboat, all were later rescued
MARITIME: Container ship on fire, abandoned in Baltic Sea Read More »
By Our Correspondent The Miray Cruises’ “GEMINI” will act as a shelter for refugees displaced due to the devastating 7.8 magnitude earthquake that hit Turkey, according to FleetMon. It stated: “The vessel will be docked at the Port of Iskenderun, Turkey, until March 15th, while it houses earth quake victims. “Miray Cruises has offered the
TURKEY: Cruise Ship to Act as a Shelter for Earthquake Victims Read More »
By Our Correspondent A Shipbuilder, Hudong Zhonghua, has delivered “DAPENG PRINCESS”, the world’s largest shallow draft LNG carrier to the Chinese natural gas distribution company. According to FleetMon, “The vessel is reported to be the first LNG carrier built expressly for Shenzen gas. The builder reports that this vessel has the shallowest draft of all
World’s Largest Shallow Draft LNG Carrier Delivered to Chinese Shenzen Gas Read More »
Leading oil and gas marketing company in Ghana, So Energy Limited has reiterated its commitment to giving more customers access to the top-notch customer experience through strategic retail expansion and exceptional fuel solutions. A Sahara Group Company, So Energy currently has 12 branded retail outlets, widely acclaimed for their imposing designs, spacious service points, modern
So Energy Ghana celebrates customers, plans robust retail expansion Read More »
The African Development Bank will partner with African Hidden Champions in support of its efforts to promote the growth of African companies and aid their transformation into global champions. African Hidden Champions, co-founded by Africa Foresight Group (AFG) (www.AfricaForesight.com) and the German Investment Corporation, DEG – Deutsche Investitions- und Entwicklungsgesellschaft (https://apo-opa.info/3IlgZIr), identifies African firms that
AfDB partners with AFG and DEG to further regional industrialization Read More »
By Eyo Nsima The average price of Nigeria’s Bonny Light, rose month-on-month, MoM to $82.36 per barrel in January 2023, from $80.69 per barrel in December 2022, indicating an increase of two percent. The Organisation of Petroleum Exporting Countries, OPEC February 2023 Monthly Oil Market Report, MOMR obtained by The Daily, https://thedaily-ng.com also stated that on year-on-year,
Oil market: Average price of Bonny Light hits $82.36 per barrel Read More »
An array of popular thought leaders, business strategists and Christian ministers are gearing up for ‘Switch 2023’, an upcoming International School of Ministry and Leadership Conference, organised by the Rock of Ages Christian Assembly International (RACAI). Themed, ‘Built to Last’. It will hold from Wednesday, 1st to Friday 3rd of March, 2023 at the RACAi
Soriyan, Oladokun, Godman, Others, Set for Pastor Charles Osazuwa’s SWITCH Conference Read More »
The African Development Bank and Japan have signed an exchange of notes for an eighth private sector assistance loan from Japan to finance the Bank’s private sector operations. The loan agreement, to the tune of JPY 44.1 million or $350 million, carries an interest rate of 0.11% and a repayment period of 30 years, with
