Oil & Gas

Slated for Day Three of our #NigerianPavilion programme at the Offshore Technology Conference #otc2023, the African Technical Workshop sessions are two. The first which comprise of National Oil Companies, Regulators and Independent Oil Companies in Africa is themed ‘AfCFTA Implementation: Assessing Progress and Impact in the African Oil and Gas Industry’, and will be moderated […]

The Petroleum Technology Association of Nigeria (PETAN) has concluded plans to host the Sub-Saharan Africa International Petroleum Exhibition and Conference at this year’s edition of the Offshore Technology Conference (OTC) from 1- 4 May 2023 in Houston, Texas. As part of the line-up of activities themed; ‘Energy Transition and AfCFTA: Key Reforms for Sustainable Development

By Eyo Nsima The Board of Directors meeting on April 26, 2023 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the distribution of a first interim dividend of 0.74 €/share for fiscal year 2023, an increase of 7.25% compared to the three interim dividends paid for fiscal year 2022 and

Axxela Limited, sub-Saharan Africa’s leading gas & power company, has received an industry award as the ‘Nigerian Domestic Gas’ ambassador in recognition of its strong commitment and support for the advancement of the natural gas sector from the Nigerian Gas Association (NGA). The awards gala, a part of the association’s 13th Biennial International Conference and

By Eyo Nsima Despite limited supply, the prices of crudes continue to hover at more than $80 per barrel in the international oil market. Data released by the American Petroleum Institute (API) indicated that oil inventories in the United fell this week by 6.083 million barrels, thus fuelling limited supply and high prices. Specifically, the