Oil & Gas

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 […]

Seplat driving sustainability with growing gas business – Brown Read More »

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

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

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

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

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

Equatorial Guinea leads Regional Gas Monetization via Alen Backfill Project Read More »

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

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

 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

Wabote charges Oil workers on 4th Industrial Revolution Read More »

COUNTDOWN: 131 Days After U.S.-Iran War, Geopolitical Risks Keep Brent Crude Near $80

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.

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

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

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

CDS pledges military support for protection of Oil, Gas Assets

The Chief of Defence Staff, Major General Lucky Irabor, has promised to galvanize the military to provide maximum security for the nation’s oil and gas assets. The CDS gave the commitment Wednesday at a meeting with the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), MallamMeleKyari, and his top management team at the

CDS pledges military support for protection of Oil, Gas Assets Read More »

OPEC Secretary General, others meet HE Isidore Mvouba, President de L’Assemble Nationale, in Congo

OPEC’s 8th International Seminar postponed to June 29-30, 2022

OPEC’s 8th International Seminar postponed to June 29-30, 2022   The Organization of the Petroleum Exporting Countries (OPEC) has postponed its 8th International Seminar until next year due to the COVID-19 pandemic. The Seminar, originally scheduled for 16-17 June 2021, will now be held on 29-30 June 2022 at the Hofburg Imperial Palace in Vienna,

OPEC’s 8th International Seminar postponed to June 29-30, 2022 Read More »

Scroll to Top