August 23, 2026
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Oil & Gas

OIL MARKET: OPEC puts world economic growth at 2.7% and 2.6% in 2023, 2024 

OPEC and non-OPEC Ministerial Meeting ends as members commit to oil market stability

Leave a Comment / Oil & Gas, OPEC /

By Eyo Nsima The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) which took place via teleconference on Tuesday, 27 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation has ended. […]

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BREAKING: NNPC seeks support to tackle oil theft in Nigeria

ADITOP hails NNPC’s Downstream strides

Leave a Comment / NNPC News, Oil & Gas /

A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum Products (ADITOP) has commended the Nigerian National Petroleum Corporation (NNPC) for its unrelenting efforts to bring sanity into the downstream sector of the oil industry Speaking during a visit to the NNPC Towers Abuja, the

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Sahara Group makes case for increased awareness on occupational safety, health

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Sahara Group makes case for increased awareness on occupational safety, health     Leading energy conglomerate, Sahara Group has called for increased stakeholder collaboration towards achieving sustained awareness campaigns and interventions that will enhance workplace safety and health across the globe.   Adeniyi Ige, Safety Manager at Sahara Group, said employers and employees need to

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Seplat and its Board Chairman win the most profitable company, Board Chairman of the year

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Seplat and its Board Chairman win the most profitable company, Board Chairman of the year … As Nigerian Exchange, BusinessDay laud winners at the NIVA Seplat Petroleum Development Company Plc has won the Most Profitable Company (Oil & Gas: Exploration and Production), with Dr. ABC Orjiako, Chairman SEPLAT emerging as the Board Chairman of the

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Total: Shareholders approve board resolutions

Total declares force majeure on Mozambique LNG Project

Leave a Comment / Oil & Gas, Total News /

Total declares force majeure on Mozambique LNG Project Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi site. This situation leads Total, as operator of the Mozambique LNG project, to declare force majeure. Total

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Angola’s Petroleum Agency launches video exposé on Licensing Round Exploration Potential

Leave a Comment / INTERNATIONAL, Oil & Gas /

Angola’s National Agency for Oil, Gas and Biofuels has published a video based on the presentation event it hosted for upstream companies on 12 April showcasing the exploratory potential of the acreage on offer in its onshore 2020/2021 bid round; Six blocks in the Kwanza Basin and three blocks in the Lower Congo Basin offer

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR to present four revoked oil assets to Kaztech/Slavic Consortium

Leave a Comment / INTERNATIONAL, Oil & Gas /

The Department of Petroleum Resources (DPR) has inaugurated a team of experts to evaluate the revoked four oil mining licenses from Addax Petroleum Exploration Nigeria Limited to a new operator – Kaztech/Slavic Consortium. Director of DPR, Sarki Auwalu in a statement signed by Head, Public Affairs, DPR, Paul Osu said the move was in fulfillment

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Alison Abbott, Communications Director, WLPGA, who doubles as the global manager of WINLPG,

Why Women should adopt LPG as domestic fuel — WLPGA

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By Eyo Nsima The World LPG Association, WLPGA, which promotes LPG as a safer, cleaner, healthier fuel, has tasked women to adopt the product because of immense benefits. The WLPGA that believes in, ‘Empowering women and improving their status is essential to realising women’s full economic, political and social development potential. If the energy sector

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DPR generates N2.24trn in 8 months, targets N5trn in December

REVOCATION: DPR sets Committee to handover former Addax OMLs 123, 124, 126 and 137 to Kaztec Engineering

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By Eyo Nsima The Department of Petroleum Resources (DPR) says it has inaugurated a team of experts to evaluate the revoked assets of Addax Petroleum Exploration Nigeria Ltd. Its Director, Mr Sarki Auwalu, said in a statement issued by Mr. Paul Osu, Head, Public Affairs, on Thursday in Lagos. DPR had recently revoked the four

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OIL SPILL: Again, vandals, oil thieves strike Shell twice, still counting

JUST IN: Shell records two oil spills, still counting

Leave a Comment / Oil & Gas, Shell News /

By Eyo Nsima Shell Petroleum Development Company Limited, a leading International Oil Company, IOC has recorded two oil spill incidents in April 2021. The incidents, recorded on April 7 and 8, 2021, were attributed to sabotage in the Niger Delta as oil theft and pipeline vandalism remain major causes of concern in the region. According

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