Oil & Gas

Sahara Group School of Innovation and Entrepreneurship in UNILAG Gathers Momentum

Leading energy and infrastructure conglomerate, Sahara Group and the University of Lagos (UNILAG) have held discussions geared towards accelerating the establishment of the Sahara Group School of Innovation and Entrepreneurship in UNILAG. Authorities of the University of Lagos led by the Vice-Chancellor, Professor Folasade T. Ogunsola, over the weekend, received Sahara’s team which included Ejiro […]

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

Petrol shortage: IPMAN orders members on lifting from depots

By Eyo Nsima As Nigeria’s petrol shortage continued to bite, the Independent Petroleum Marketers Association of Nigeria, IPMAN, has ordered marketers to resume lifting from depots nationwide. The Chairman of IPMAN, Alhaji Mohammed Kuluwa, had previously ordered independent marketers to stop lifting petrol for sale at their filling stations, due mainly to unaddressed issues and

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Oil theft: FG emerges with new rules on crude measurement

By Eyo Nsima The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has commenced the process of enacting new regulations on crude oil measurement as part of an effort to tackle oil theft. The Commission Chief Executive, Engr. Gbenga Komolafe disclosed, who disclosed this at the 3rd phase stakeholders consultation forum on draft regulations, said that for several

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Top 5 Reasons to Attend African Energy Week 2023

Under a mandate to make energy poverty history by 2030, the continent’s premier event for the oil and gas sector, African Energy Week (AEW), will return to Cape Town from 16-20 October, uniting African energy policymakers and companies with investors and global partners, and providing the best networking platform for deals to be signed. With

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Denmark: TotalEnergies Obtains Two CO2 Storage Licenses in the Danish North Sea

TotalEnergies has been awarded two licenses to explore CO2 storage potential in the Danish North Sea. The licenses are located 250 kilometers off the west coast of Denmark and cover an area of 2,118 km2. The acreage includes the Harald gas fields, currently operated by TotalEnergies, for which the Company is already assessing CO2 storage

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

African Energy Chamber Calls for Greater Transparency During Meeting with EITI

The African Energy Chamber (AEC) – serving as the voice of Africa’s energy industry – called for enhanced transparency and good governance within the sector during its meeting with the Extractive Industries Transparency Initiative (EITI) at the EITI International Secretariat in Oslo on Tuesday. With over 600 million Africans lacking access to electricity and 900

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Mainland Oil slashes petrol prices, accelerates services

Nigeria’s newest major marketer, Mainland Oil and Gas Company Limited, has accelerated petrol retail services at all its over 54 stations across the country. The company has also slashed the prices of the product at its retail outlets even at a time most other marketers have taken advantage of the prevailing supply crisis in the

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MOMAN, DAPPMAN support subsidy removal

Petrol Scarcity: Tankfarm owners commit to N172/litre ex-depot price

By Eyo Nsima The Ijegun-Egba Tankfarm Owners and Operators Association, weekend, pledged to sell petrol at Federal Government approved N172 per litre. The group has facilities at Ijegun-Egba, Satelite Town, Lagos, are made up of AA Rano, JGold Nigeria, Chipet International, Emadeb Energy, First Royal Oil and MAO Petroleum amongst others. The Chairman of Ijegun-Egba

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Rystad Energy, Energy Capital & Power Partner for South Sudan Energy Summit

A renewed knowledge partnership between Energy Capital & Power (ECP), the premier investment platform and event organizer for the African energy sector, and Rystad Energy, an independent energy research and business intelligence company, will enhance the availability of critical information and drive participation in the South Sudan Oil & Power (SSOP) 2023 (https://bit.ly/3YliX1U) conference, which

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NLNG, LCCI promote sustainable food security in Nigeria

Nigeria LNG Limited (NLNG), in partnership with the Lagos Chamber of Commerce and Industry (LCCI), on Wednesday presented the joint-winning works of The Nigeria Prize for Science (2022) to industry players in an effort to push agricultural innovations that can positively impact food security in the country. The presentation of the winning works, Gains in

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