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 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 »
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 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’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,
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H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea met with H.E. Timipre Sylva, Minister of Petroleum Resources of Nigeria at the presidential palace in Malabo intending to strengthen bilateral relations between the two countries. The meeting included a signing of a memorandum of understanding (MoU) which will consolidate new opportunities
Angola’s National Agency for Oil, Gas and Biofuels (ANPG) now allows those interested in partaking in the ongoing 2020 licensing round for oil blocks in the onshore Kwanza and Lower Congo Basins to consult the available data packages before purchasing them. The ANPG hopes this will increase transparency in the process, as intended by the
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The Senate has given the Accountant General of the Federation, AGF, Ahmed Idris, twenty four hours to provide information on the N528 billion differential in Nigerian National Petroleum Corporation NNPC financial statement. Speaking during a Public hearing on 2016, 2017 and 2018 Auditor General’s report, Chairman, Senate Committee on Public Accounts, Senator Matthew Urhoghide, Peoples
We need information on N528b differential in NNPC Financial Statement, Senate orders AGF Read More »
OPEC Daily Basket – February 22, 2021 OPEC daily basket price stood at $62.00 a barrel Monday, 22 February 2021, compared with $61.30 the previous Friday https://www.opec.org/opec_web/en/press_room/6291.htm
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OPEC Daily Basket – February 19, 2021 OPEC daily basket price stood at $61.30 a barrel Friday, 19 February 2021, compared with $63.43 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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