Oil & Gas

AEW 2022 commits to exploring and investing in Africa’s Energy Future while driving an enabling environment

Driven by the market-focused event theme, AEW 2022 places an emphasis on current global energy affairs, gas as a key play, and financing exploration. Africa’s energy landscape is on the precipice of a revolution driven by energy transition pressures, capital expenditure trends, and socioeconomic demands. In the 2022 context, these trends have only been exacerbated […]

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Wabote Advocates Corporate Governance for Indigenous Oil Firms, lauds Aradel Holdings

Buhari to confer Excellence in Public Service Award on Wabote

The outstanding performance by Engr. Simbi Kesiye Wabote as the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) is set to be recognised and celebrated again as he has been nominated for the “Distinguished Capacity Development Award” at the forthcoming Nigeria Excellence in Public Service Awards, to be conferred by President Muhammadu Buhari (GCFR). According

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Romeo Oriogun’s Nomad wins The Nigeria Prize for Literature

Science, literature instruments of national development – Obasanjo The Advisory Board for The Nigeria Prize for Literature, sponsored by Nigeria LNG Limited, today announced Nomad, authored by the poet, Romeo Oriogun, as the winner of the $100,000 prize for the 2022 cycle on Poetry. Professor Akachi Adimora-Ezeigbo, Chairperson of the Advisory Board, made the announcement at

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OIL MARKET: OPEC puts world economic growth at 2.7% and 2.6% in 2023, 2024 

OPEC’s World Oil Outlook to be launched at ADIPEC on 31 October 2022

By Eyo Nsima The 2022 OPEC World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022 in the United Arab Emirates (UAE). The launch event will be held in the ICC Room on Monday, 31 October 2022 at 16.30, UAE local time. OPEC’s Secretary General, HE Haitham

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Dangote’s 650,000bpd Refinery 97% completed, says NMDPRA

…Naira will become stronger once Refinery starts production The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon which the hope of the nation rests for fuel sufficiency is now 97 per cent completed. The agency has also commended the work done on the project.   The refinery,

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Wabote hails Sylva’s award of National Honours, lauds him for transforming the oil and gas industry

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has lauded the Minister of State for Petroleum Resources, Chief TimipreSylva on the national honour of the Commander of the Order of the Niger (CON) conferred on him by President Muhammadu Buhari on Tuesday, October 11, 2022. In a statement he personally signed,

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

Oil theft: IoT Africa Networks tasks FG, IoCs, others on Smart technology

. Plans training of 10,000 Nigerians By Eyo Nsima The Federal Government, International Oil Companies, IoCs, indigenous companies, and other stakeholders, have been urged to deploy smart technology to fight pipeline vandalism, oil theft, and illegal refining while enhancing operations in Nigeria’s oil and gas industry. Industry data have it that, Nigeria currently losses between

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Africa should target symbiotic investors with upstream-focused business model to revive Industry – Ogbue

– Industry advocacy groups like OPTS could facilitate push of harmonized set of standards for ESG goals across continent. – To attract investments, Africa should stay ahead of global average on percentage of CAPEX for ESG–compliant projects. Industry stakeholders across the continent gathered in South Africa to commemorate the Africa Oil Week, engaging on initiatives to develop

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World Energy Day 2022 to recognise and honour outstanding energy organisations, individuals

The World Energy Day was created in 2012 by the World Energy Forum and has been celebrated on October 22 each year since then. This celebration has however not been pronounced in Nigeria due to huge several issues associated with the sector. The objectives of the World Energy Day are to raise awareness about energy

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