Oil & Gas

Nilepet Managing Director to Speak at the Invest in African Energy Event in Dubai

Eng. Bernard Amuor Makeny, Managing Director for South Sudanese National Oil Company (NOC) the Nile Petroleum Corporation (Nilepet), will participate as a speaker during the Dubai leg of the African Energy Chamber’s (AEC) (www.EnergyChamber.org) Invest in African Energy roadshow, offering investors from the United Arab Emirates (UAE) the chance to participate in South Sudan’s expanding […]

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

Sahara Group Urges Collaboration, Investments to Drive Sustainable Energy in Africa

Addressing top energy operators, regulators and government functionaries at the 2023 African Refiners and Distributors Association (ARDA) Week in Cape Town, Wale Ajibade, Executive Director, Sahara Group, said the current level of global investments on renewable energy was inadequate to enable Africa to embrace more alternative energy sources. Ajibade, who delivered a paper titled, ‘Meeting

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

AEC Visits Nyanga PayGas Station, Reaffirms Commitment to Drive Gas Industry Growth and Clean Cooking

An African Energy Chamber (AEC) (www.EnergyChamber.org) delegation – comprising Verner Ayukegba, Senior-Vice President, AEC and Ray Tanyi, Consultant, AEC – led by NJ Ayuk, Executive Chairman of the AEC, conducted a site visit to Nyanga PayGas Station – a liquefied petroleum gas (LPG) project located in the Nyanga community area of Cape Town – on

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COUNTDOWN: 131 Days After U.S.-Iran War, Geopolitical Risks Keep Brent Crude Near $80

OIL MARKET: Panic as Brent price drops to $72.39 per barrel

By Eyo Nsima There was panic as the price of Brent, the global oil benchmark, dropped by over five percent to $72.39 per barrel, the first time since December 2021. The price collapse which also affected other crudes started after the U.S. Energy Information Administration reported an inventory build of 1.6 million barrels for the

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Shell, partners lead in PIA implementation – NUPRC

Shell resumes oil export at Bonny Oil Terminal

By Eyo Nsima Shell Petroleum Development Company, SPDC, has resumed oil export at the Bonny Oil and Gas Terminal in Rivers state. The terminal was shut down due to increased pipeline vandalism, oil theft, and illegal refining in the area. However, in a statement obtained by The Daily, https://thedaily-ng.com, the company disclosed that, “The Shell

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IWD 2023 Breakfast Session will examine Programmes & Initiatives for Equitable Access for Women in Nigeria’s Energy Industry

By Funmi Ogbue It is my pleasure to speak with you today on behalf of the Women in Energy Network (WIEN) as we prepare for our 2023 International Women’s Day Breakfast Session. This year’s event is themed, “Programmes & Initiatives for Equitable Access for Women in the Nigerian Energy Industry,” and we are excited to

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

OIL & GAS EXPLORATION/PRODUCTION: Iran, Saudi Arabia, Iraq emerge as top three nations in rig count

By Eyo Nsima Iran, Saudi Arabia and Iraq have emerged as the top three nations in terms of global rig count, a major index of measuring upstream activities in the oil and gas industry in February 2023. The nations – Iran, Saudi Arabia and Iraq – recorded 117, 77 and 62 rig counts, according to

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Valuechain Webinar: Stakeholders demand early delivery of AKK Gas Pipeline Project

GPPSL improves disruptive AOGV technology deployment on African continent

The Global Process and Pipeline Services Limited (GPPSL) in partnership with IK-Group of Norway has delivered for the first time in Nigeria and Africa the removal and change out of a 36-inch cryogenic pipeline gate valve. The project, executed in June 2022, was the first and largest AOGV ever deployed on the African continent to

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