Oil & Gas

Eni, Luiss University launch first International Network on African Energy Transition

NAOC JV delivers medical equipment to Rivers, Bayelsa, Delta and Imo states

Nigerian Agip Oil Company (NAOC) on behalf of NAOC Joint Venture has donated medical equipment to tertiary health institutions and hospitals in its four states of operations in Niger Delta, Nigeria. The commissioning and handover ceremonies were held recently during which the equipment were given to the medical facilities located in Rivers, Bayelsa, Delta and […]

NAOC JV delivers medical equipment to Rivers, Bayelsa, Delta and Imo states Read More »

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

FG to commission Facility for Gas Leak Detection Device and Printed Circuit Board

The Federal Government through the Ministry of Petroleum Resources will on Thursday commission the Amal Technology’s production facility for Gas Leak Detection Device and Printed Circuit Board, at Idu, Abuja. The homegrown innovation was initiated by Amal Technologies Limited and supported by the Nigerian Content Development and Monitoring Board (NCDMB) under its Research & Development

FG to commission Facility for Gas Leak Detection Device and Printed Circuit Board Read More »

Simbi Wabote’s Legacy in Nigerian Content Development and Africa Oil and Gas

Simbi Wabote’s Legacy in Nigerian Content Development and Africa Oil and Gas   By NJ Ayuk Earlier this month, the African energy sector learns of Simbi Wabote’s replacement from his position as executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB). He was appointed to the position by President Muhammadu Buhari in September

Simbi Wabote’s Legacy in Nigerian Content Development and Africa Oil and Gas Read More »

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

Federal High Court strikes out lawsuit in respect of OMLS 123, 124, 126 and 137.

The Federal High Court (Abuja Divsion) Coram N.E. Maha J. today 15th December 2023 struck out Suit No.: FHC/ABJ/CS/1291/2020 between Kaztec Engineering Ltd v. (1) Ministry of Petroleum Resources; (2) Attorney General of the Federation; (3) Mars Exploration and Production Company Ltd; (4) Nigerian Upstream Petroleum Regulatory Commission; & (5) NNPC Ltd, which concerns OMLS

Federal High Court strikes out lawsuit in respect of OMLS 123, 124, 126 and 137. Read More »

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

Global energy transition, PIA, Divestments by IOCs present exciting opportunities for indigenous players

The Chairman of Independent Petroleum Producers Group (IPPG), Mr. Abdulrazaq Isa, OFR, said that the global energy transition, the Petroleum Industry Act (PIA), divestments by International Oil Companies (IOCs), and the Decade of Gas Initiative has presented indigenous players with exciting opportunities for the industry’s transformative shift. According to the IPPG Chairman, “the ongoing global

Global energy transition, PIA, Divestments by IOCs present exciting opportunities for indigenous players Read More »

Shell Nigeria Gas proffers solution to gas supply challenges

Managing Director of Shell Nigeria Gas Limited (SNG), Mr. Ralph Gbobo, has assured manufacturers at Nigeria’s largest manufacturing equipment and raw material expo, organized by the Manufacturers Association of Nigeria in Lagos, of the company’s resolve to continue to collaborate with industry stakeholders and government to find lasting solution to current challenges facing the industry

Shell Nigeria Gas proffers solution to gas supply challenges Read More »

African nations should reject anti-fossil fuel policies at COP 28

African nations should reject anti-fossil fuel policies at COP 28   The hypocritical, biased and unjust climate agenda poses a direct threat towards Africa’s development, and countries should remain resilient in their efforts to defend their right to utilize oil and gas. With COP 28 set to conclude in the coming days, a COP where

African nations should reject anti-fossil fuel policies at COP 28 Read More »

Seplat Energy COO lauds divestment activities in Nigeria’s energy industry

The divestment story in Nigeria’s petroleum upstream sector has been a success case in terms of value creation, realisation and retention for the economy, the Chief Operating Officer, Seplat Energy Plc, Mr. Samson Ezugworie has said. According to the Seplat Energy COO, whilst the International Oil Companies put their focus on deep water activities –

Seplat Energy COO lauds divestment activities in Nigeria’s energy industry Read More »

OIL MARKET: Prices hover at over $80 per barrel OPEC+ announce additional voluntary cuts

OIL MARKET: Prices hover at over $80 per barrel OPEC+ announce additional voluntary cuts

OIL MARKET: Prices hover at over $80 per barrel OPEC+ announce additional voluntary cuts   By Eyo Nsima Oil prices, weekend, dropped to over $80 per barrel, from more than $90 per barrel, recorded in October 2023 as the OPEC+ countries move to achieve market stability. Specifically, the prices of Bonny Light, OPEC Basket and

OIL MARKET: Prices hover at over $80 per barrel OPEC+ announce additional voluntary cuts Read More »

Scroll to Top