Oil & Gas

Asharami Energy appoints Menkiti as COO to drive enhanced production target   Asharami Energy, a Sahara Group Upstream Company, has appointed Henry Menkiti as its Chief Operating Officer to boost ongoing expansion projects aimed at delivering the company’s ambitious production target over the next few years. Henry’s appointment took effect on the 8th December 2020. […]

Bonny Light Energy and Offshore Limited supplies 20,000 MT of diesel to market in Nigeria WITH 20,000 MT AGO BonnyLight Energy and Offshore Limited, a wholly indigenous petroleum downstream and an emerging player in product storage, marketing, and distribution of petroleum products and other related services have announced the supply of 20,000.00 MT of Premium

Bonny Light price rises to $52.29 on oil output cut   The price of Nigeria’s Bonny Light has risen to $52.29 per barrel as the members of the Organisation of Petroleum Exporting Countries, OPEC and others continue to push for an oil output cut. The leap in price, apparently the highest in recent times, showed

Trafigura plans EUR30m battery investment in Belgium   Trafigura Group Pte Ltd, one of the world’s leading independent commodity trading companies, has announced the first live project by Nala Renewables, its newly formed joint venture company with IFM Investors. An investment of up to EUR30 million will be made to develop one of Belgium’s largest

GAS: Stakeholders stress collaboration, utilization, others for sector development By Eyo Nsima Stakeholders have called for close collaboration and increased utilization and other measures as strategies for the sustainable development of Nigeria’s gas sector. Speaking at the Nigerian Gas Association (NGA) first-ever Industry Multilogues, held on December 8 and 9, 2020, which was hosted virtually

DPR sensitizes Sokoto residents on the safe handling of cooking gas       THE Department of Petroleum Resources (DPR), has called on users and sellers of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, to strictly adhere to safety rules in the light of the harmattan season.   Mr. Musa Zarumai-Tambuwal, the DPR