Oil & Gas

BREAKING: Nigeria’s Bonny Light price hits $70.15 per barrel

OIL MARKET: Prices of crudes hover at more than $80.15 per barrel

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 […]

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GWEC and EnergyNet enter into Partnership in Anticipation of Wind Energy Growth Across Africa

The Global Wind Energy Council and EnergyNet (https://www.EnergyNet.co.uk), the organisers of the Africa Energy Forum, have entered into a partnership that offers Africa’s wind energy industry a crucial platform to advocate for the technology as part of Africa’s present and future energy mix. As such, GWEC’s Africa WindPower initiative, supported by www.GET-invest, has been made

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Shell, partners lead in PIA implementation – NUPRC

JUST IN: Shell records first oil spill in April 2023 as oil theft bites harder in Niger Delta

By Eyo Nsima Shell Petroleum Development Company, an International Oil Company, recorded its first oil spill in April 2023. The spill, attributed to sabotage occurred at 24” Ogale Bomu Pipeline at Kpite on April 1, 2023, while the Joint Inspection Visit, JIV, was carried out the following day, according to Oil Spill Incident data, obtained

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Sahara Group Delivers spectacular Saharalympics, signs Dan ‘The Bull’ Amokachi

Sahara Group advocates backward integration to bolster energy sector sustainability

Deploying seamless backward integration in the energy sector will foster growth and sustainability enabled by improved efficiencies, innovation, upgrade in local expertise and participation, and the collaboration of host communities in operations across the value chain, Ejiro Gray, Director, Governance and Sustainability has said. Gray who addressed journalists at the 6th Nigeria International Energy Summit

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NDDC, Atlantic Global Resources

NIGER DELTA: NDDC, Atlantic Global Resources Inc sign deal on $15bn railway project

NIGER DELTA: NDDC, Atlantic Global Resources Inc sign deal on $15bn railway project By Eyo Nsima The Niger Delta Development Commission, NDDC, and the United States-based Atlantic Global Resources Inc have signed a $15 billion deal on the development of a railway in the Niger Delta. The important project is planned to interconnect all the

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

NIGER DELTA: Shell, Chevron, ExxonMobil, and Total should collaborate more with us in executing legacy projects

By Dr. Samuel Ogbuku I am indeed honoured to stand before this distinguished audience. I welcome you all to this historic gathering for a summit that will make a difference for the Niger Delta region. The Niger Delta Development Commission, as an interventionist agency, established by the NDDC Act of 2000, is mandated to drive

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Our commitment to Nigeria’s Decade of Gas mantra unwavering – Seplat Energy

… wins awards at the NIES 2023 for strong gas business  Seplat Energy Plc, the leading Nigerian independent energy company, says its commitment to the Federal Government’s Decade of Gas position remains firm and unwavering. The energy company said it will continue to develop Nigeria’s gas resources to accelerate the replacement of diesel and biomass and support economic growth

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NIPCO Gas Ltd pioneering effort recognized

… Bags twin  awards for outstanding contributions gas sector  Nipco Gas Ltd, a leading gas company in Nigeria, has bagged  two prestigious awards at the Nigerian Gas Association’s 13th International Conference and Exhibition ( NGAICE). The awards: Nigeria Domestic Gas Ambassadors Award and Gas Sector Innovation Pioneer Award are in  recognition of the company’s outstanding

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SHELL WINS 7th AWARD AT 2023 NIGERIA INTERNATIONAL ENERGY SUMMIT

…Recognised for Outstanding Commitment to Decade of Gas aspiration Shell Companies in Nigeria (SCiN) have won a seventh award at the ongoing 6th Nigeria International Energy Summit (NIES). This award for “Outstanding Commitment To Nigeria’s Decade Of Gas,” has been given by the Nigerian Gas Association in recognition of SCiN’s contributions to the realisation of

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Accelerating Africa’s Energy Transition

Africa’s energy transition topped the agenda at the recently concluded Nigeria International Energy Summit (NIES) in Abuja. As the world’s youngest continent, Africa is expected to be home to nearly 2.5 billion people by 2050. Eighty percent of them will live in Sub-Saharan Africa, where less than half of all people have access to electricity today,

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