By NJ Ayuk I arrived Sharm El Sheikh for COP27 to stickers bearing the circulating arrows emblem of sustainability. The city appears to be in tip-top shape. I listened to the speeches at the opening ceremony of COP27 noting that Africa faces a quandary: The continent is seeking to eradicate energy poverty and create a […]
By our Correspondent British Insurers are forbidden by the UK Treasury to provide insurance coverage to ships carrying Russian oil cargoes from December 5th, 2022, according to FleetMon. It stated: “This also means that ships registered in European state or carrying P&I insurance from an EU or UK-based entity can no longer carry crude oil
RUSSIAN-UKRAINE WAR: No more UK Insurance cover for ships carrying ban oil Read More »
A new book, described by Engr. Gbenga Komolafe, Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as highly innovative and an essential manual for stakeholders in the Nigerian oil and gas industry, will be launched in Lagos on Monday, November 14, 2022, at the Ebony Life emporium in Victoria Island, Lagos. The
New Book on the Search for Peace in the Niger Delta Launch in Lagos Read More »
The African Petroleum Producers Organization (APPO) has reappointed Dr. Omar Farouk Ibrahim as its Secretary General during the APPO Ministerial Council Session held in Luanda, Zambia, a move that will usher in a new era of growth across the continent’s hydrocarbon industry. The African Energy Chamber (AEC), as the voice of the African energy sector,
By NJ Ayuk Just when you think nothing could be worse for the global economy than a pandemic, Russia invades Ukraine, and the world spirals closer to recession. In Africa, the twin shocks of COVID-19 and Russian aggression have torn through a society vulnerable to even far milder upsets. Although the continent was showing modest
Energy, Capital & Power (ECP) (https://EnergyCapitalPower.com/) has announced that Scot Evans, CEO of ReconAfrica (https://ReconAfrica.com), will participate as a speaker at the Angola Oil & Gas (AOG) conference and exhibition (https://bit.ly/3UyBCpP) which runs from November 29 – December 1 in Luanda. A geologist by profession, with 35 years of industry experience including in oil and
BY NJ AYUK Now more than ever is the time to invest in Angola’s energy industry and drive inclusive and sustainable economic growth on the back of oil and gas. At a time when global markets are turning to African oil and gas, Angola has emerged as a highly attractive investment destination among international players,
AOG 2022 PRESENTS A GREAT OPPORTUNITY TO INVEST IN ANGOLA’S OIL AND GAS FUTURE Read More »
Leading energy company, Shell, has committed one million US Dollars ($1million), exclusive of its joint venture partners in Nigeria, to support government’s efforts to provide relief to people impacted by the current flood disaster. Shell’s donation will be used to procure and distribute food and non-food relief materials, as well as medical supplies, to impacted
Shell commits $1m to support flood victims in the Niger Delta Read More »
The protracted dispute on OMLs 123/124, 126/137, operated by Addax Petroleum Nigeria Limited, has finally been laid to rest, paving the way for much-needed investment and growth of the oil blocks. The Production Sharing Contract (PSC) for the blocks was initially signed in 1973 between NNPC and Ashland and terminated after 25 years. Subsequently, NNPC signed
NNPC, Partners, resolve Addax dispute Read More »
“Moneda (https://MonedaInvest.com/) is proud to be part of an elite list of companies bringing African solutions to African problems. Working with partners like the African Energy Chamber, the markets can be assured that there will be more to come” said Ejike Egbuagu. This Year’s Africa Energy Week where Moneda Invest featured as the Platinum Sponsor
