Oil & Gas

World’s Largest Shallow Draft LNG Carrier Delivered to Chinese Shenzen Gas

By Our Correspondent A Shipbuilder, Hudong Zhonghua, has delivered “DAPENG PRINCESS”, the world’s largest shallow draft LNG carrier to the Chinese natural gas distribution company. According to FleetMon, “The vessel is reported to be the first LNG carrier built expressly for Shenzen gas. The builder reports that this vessel has the shallowest draft of all […]

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So Energy Ghana celebrates customers, plans robust retail expansion

Leading oil and gas marketing company in Ghana, So Energy Limited has reiterated its commitment to giving more customers access to the top-notch customer experience through strategic retail expansion and exceptional fuel solutions. A Sahara Group Company, So Energy currently has 12 branded retail outlets, widely acclaimed for their imposing designs, spacious service points, modern

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

Oil market: Average price of Bonny Light hits $82.36 per barrel

By Eyo Nsima The average price of Nigeria’s Bonny Light, rose month-on-month, MoM to $82.36 per barrel in January 2023, from $80.69 per barrel in December 2022, indicating an increase of two percent. The Organisation of Petroleum Exporting Countries, OPEC February 2023 Monthly Oil Market Report, MOMR obtained by The Daily, https://thedaily-ng.com also stated that on year-on-year,

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

LNG: Perenco Reaches Another Milestone in Gas Agenda with FID Secured for Gabon Facility

Following a series of industry achievements (https://apo-opa.info/3lGro9Q) by Perenco in the last year, the independent oil and gas company has reached another milestone in its African gas agenda, reaching a final investment decision (FID) for a 700,000-ton Liquefied Natural Gas (LNG) facility in Gabon – based at the Cap Lopez terminal. The move not only

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SNEPCo wins 2023 OGTAN National Award of Excellence

Shell Nigeria Exploration and Production Company (SNEPCo) has won the 2023 Oil and Gas Trainers Association of Nigeria (OGTAN) National Award of Excellence for Human Capacity Development in the Oil and Gas Industry. The award comes three days after SNEPCo achieved 1-billion-barrel oil export from Bonga field. “SNEPCo has played a leading role in developing

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Cos Petrogaz’ Mamadou Fall Kane to Showcase Senegal’s Energy Opportunities During Invest in African Energy Frankfurt Event

The African Energy Chamber (AEC) – the voice of the African energy sector – is proud to announce that Mamadou Fall Kane, Deputy Permanent Secretary of Cos Petrogaz, will attend and participate at the Invest in African Energy Reception taking place at Frankfurter Botschaft in Germany on February 23. Senegal represents one of Africa’s most promising

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Equatorial Guinea’s New Minister of Mines & Hydrocarbons, Competent Leader Taking the Reins in a Challenging Era — Here’s What Needs to Happen Next

By NJ Ayuk, Executive Chairman, African Energy Chamber Antonio Oburu Ondo, former Managing Director of national oil company, GEPetrol, has been named Minister of Mines and Hydrocarbons. He is succeeding well-respected leader Gabriel Mbaga Obiang Lima, who assumed the role of Ministry of Economy and Planning. We at the African Energy Chamber are confident that

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SNEPCo’s Bonga FPSO hits One Billion Barrel milestone

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a 1-billion-barrel oil export mark on Monday. This milestone is coming three months after a major turnaround maintenance (TAM) of the facility was completed ahead of schedule. Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Elohor Aiboni, described the milestone as a celebration of

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Nigerian Super Resurs Emerges Best West African Lubricant Brand

…Beaten Foreign Lubricant Products in the market Despite the harsh macro-economic situation of Nigeria, some indigenous organisations are weathering the storm to manufacture brands and products that can compete favorably and be regarded as best in the global market. One of such companies is Lubcon Limited whose premium brand SUPER RESURS international oil has emerged

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Petrol shortage: FG shuts 7 depots for selling above N148 per litre

Petrol shortage: FG puts pump price at N184 per litre

By Eyo Nsima The Federal Government has put Nigeria’s petrol pump price at N184 per litre. The Minister of State for Petroleum Resources, Chief Timpre Sylva, disclosed this while inspecting petrol stations in Lagos Friday. He said that an interministerial intervention initiated by the Federal Government has set out to ensure proper management of petrol

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