Oil & Gas

AGPC to invest $10million on capacity development initiatives

…partners NCDMB to build centre for skills development, training ANOH Gas Processing Company (AGPC) has reiterated its commitment to spending up to $10million on capacity development initiatives in the oil and gas sector. The Managing Director of AGPC, Okechukwu Mba said this on the sidelines of the kickoff meeting and tour of the Centre for […]

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Privatize Transmission Company of Nigeria now, Elumelu cries out

Long-term investment in the Power Sector will transform Africa

By OUR CORRESPONDENT The Chairman, Heirs Holdings Chairman, Tony O. Elumelu, has stressed the importance of power in driving innovation and economic growth across Africa. Speaking on Arise News’ The Morning Show, weekend, he said shared Heirs Holdings’ ambition to improve lives and transform the continent by investing in the most strategic sectors of Africa

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Heirs Holdings Oil Company announces CEO, board appointments

Heirs Oil & Gas (HHOG), the leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience. Heirs Holdings Limited’s (HH) portfolio company, HHOG, completed the acquisition of OML17

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UPDATED: Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC

UPDATED: Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC

UPDATED: Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to fail Nigerians. A statement by the Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, quoted

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Total invites shareholders to crucial meeting

Total invites shareholders to crucial meeting

Total invites shareholders to a crucial meeting   Total has invited shareholders are invited to participate at the Ordinary and Extraordinary Shareholders’ Meeting on May 28, 2021. According to the company, the meeting will be held at 10:00 a.m. at the Company’s registered office, 2 Place Jean Millier – La Défense 6, 92400 Courbevoie without

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Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC

Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC … Says Project to Generate 3,000 Jobs as Construction Work Kicks off The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to fail Nigerians. A statement by the Group General Manager,

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BREAKING: Nigeria’s Bonny Light price hits $70.15 per barrel

OIL MARKET: Prices bounce back to almost $70 per barrel over OPEC cut

By Eyo Nsima Oil prices have bounced back to almost $70 per barrel over measures adopted by the Organisation of Petroleum Exporting Countries, OPEC to achieve stability in the volatile market. Specifically, the prices of Brent, often utilized to benchmark other prices shoot up to $69.55 per barrel from $67 recorded Monday this week. Others,

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OIL MARKET: Prices bounce back to almost $70 per barrel over OPEC cut

OIL MARKET: Prices bounce back to almost $70 per barrel over OPEC cut By Eyo Nsima Oil prices have bounced back to almost $70 per barrel over measures adopted by the Organisation of Petroleum Exporting Countries, OPEC to achieve stability in the volatile market. Specifically, the prices of Brent, often utilized to benchmark other prices

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ANGOLA: Total  begins production from Zinia phase 2, developing Block 17

ANGOLA: Total  begins production from Zinia phase 2, developing Block 17

ANGOLA: Total  begins production from Zinia phase 2, developing Block 17 Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, announce the start of production from Zinia Phase 2 short-cycle project, connected to existing Pazflor’s FPSO (Floating Production, Storage, and Offloading unit). The project includes the drilling

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