Oil & Gas

ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa

The plant is located in the Northern Cape of South Africa, which is also the location of ENGIE’s 100 MW Kathu CSP plant ENGIE has announced that it has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, as well as 46% of […]

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Dangote Grooms Nigerian Engineers to Manage Refinery Complex on Completion

Dangote Grooms Nigerian Engineers to Manage Refinery Complex on Completion The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels per day single train refinery when it becomes operational in 2022. Already, the company has trained several Nigerian engineers in some of the world’s biggest

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Seplat driving sustainability with growing gas business – Brown

Seplat driving sustainability with growing gas business – Brown

Seplat driving sustainability with growing gas business – Brown  Seplat Petroleum Development Company Plc, a leading indigenous energy company, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria. Mr. Roger Brown, Chief Executive Officer, SEPLAT, described this drive as a revolution, indicating that the direction is laudable and highly rewarding

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Shell invests to support Nigeria’s Domestic Gas Ambition for industrialization

Leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization. SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is

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JUST IN: FG plans to sell oil in Naira to $15bn Dangote Refinery

The Federal Government has concluded plans to sell crude oil to the $15 billion Dangote Refinery in Naira as part of measures targeted at strengthening the currency and Nigeria’s economy. This was disclosed by the governor, Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, who visited the Dangote Refinery, Petrochemicals Complex Fertiliser Plant, and Subsea

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

Equatorial Guinea leads Regional Gas Monetization via Alen Backfill Project

The Alen gas monetization backfill project represents the first phase of Equatorial Guinea’s Gas Mega Hub masterplan; Launched by the Ministry of Mines and Hydrocarbons in May 2018, the Gas Mega Hub seeks to aggregate gas from upstream producers to deliver it to onshore industry; Equatorial Guinea is currently in discussions with Cameroon and Nigeria

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INTERVIEW: Oil will remain relevant for more than 50 years --- DPR

Nigeria losing jobs to China, others due to idle facilities — DPR

Nigeria losing jobs to China, others due to idle facilities — DPR   The Department of Petroleum Resources (DPR), yesterday, raised concerns over moribund oil and gas facilities across the country. Speaking during a visit to one of such facilities, a fabrication yard located at Ilase Village, Snake Island, Lagos State, Director of DPR, Sarki

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 NCDMB, Bayelsa sign Power Purchase Agreement on 10MW IPP

Wabote charges Oil workers on 4th Industrial Revolution

Wabote charges Oil workers on 4th Industrial Revolution     The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has challenged oil and gas workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to brace up for the 4th Industrial Revolution that has brought Artificial

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

BREAKING: Nigeria’s Bonny Light hits $65.53 per barrel, highest in 2021

BREAKING: Nigeria’s Bonny Light hits $65.53 per barrel, highest in 2021   By Alison Godswill For the first time in 2021, the price of Nigeria’s Bonny Light has risen to $65.53 in the international market, as the Organisation of Petroleum Exporting Countries, OPEC, and its allies continue to cut remove excess oil from the market.

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

The African Energy Chamber’s Investment Committee commits to facilitate investments worth billions of USD in 2021 for African energy projects

AEC investment Committee members bring a wealth of finance & energy industry experience and creative thinking that are key to solve the huge lack of finance facing the energy sector across Africa. The African Energy Chamber, will focus on new ways to bring investors directly to opportunities in Africa The investment Committee members bring over

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