Oil & Gas

African Energy Chamber Drives Intra-African Energy Investment in Lagos

ANGOLA: H.E. João Lourenço’s Re-election as President to reinforce oil sector reforms introduced over the past 5 years — African Energy Chamber

By Eyo Nsima African Energy Chamber, AEC, the voice of the African energy sector, has observed that the re-election of H.E. João Lourenço’s as President of Angola would reinforce oil sector reforms introduced over the past 5 years. The AEC, which congratulated the President, stated: “The African Energy Chamber (AEC) would like to congratulate H.E. […]

ANGOLA: H.E. João Lourenço’s Re-election as President to reinforce oil sector reforms introduced over the past 5 years — African Energy Chamber Read More »

Shell set to resume TNP Pipeline Test

Shell Petroleum Development Company of Nigeria Limited (SPDC) is planning to resume the testing of its main trunkline, the Trans Niger Pipeline (TNP). A competent source, who pleaded anonymity, confirmed the development to the News Agency of Nigeria on Wednesday in Lagos. NAN reports that the TNP  takes crude from production fields to SPDC joint venture terminal in Bonny Island in Rivers. It supports supports crude

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

African Energy Chamber Urges United States to Lift South Sudan Oil Sanctions

By NJ Ayuk Four years have passed since the U.S. imposed sanctions on South Sudan’s oil industry. The goal had been to prevent oil money from funding the civil war that had been raging since 2013. By curtailing the ability of businesses and organizations to provide revenue for the South Sudanese government, U.S. officials reasoned,

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

BREAKING: How Nigeria’s oil production drops below 1mb/d

By Eyo Nsima The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has disclosed that Nigeria’s oil output dropped below one million barrels per day in August 2022. According to the regulator, the daily average production for August was 972,394 barrels compared to 1.083 million barrels produced in July 2022. .Details coming later

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PTI rolls out drums for 50 years anniversary, seeks further collaboration with oil, gas industry stakeholders

The Petroleum Training Institute (PTI), Effurun, Delta State has announced plans to celebrate 50 years of the founding of the great institution. In an online video broadcast by Dr. Henry A. Adimula, Principal/ Chief Executive, PTI, the high point of the anniversary celebration will be a one-day national lecture and award event scheduled to hold

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Oil theft: MV HEROIC IDUN didn’t steal 3 million barrels of Nigerian oil — Nigerian Navy

By Eyo Nsima The Nigerian Navy, NN, has denied the involvement of MV HEROIC IDUN in the controversial three million barrels of Nigeria’s crude oil. The vessel was arrested a few days ago and is currently interrogated by authorities in Equatorial Guinea in connection with oil theft. But Commodore Adedotun Ayo-Vaughan, Director of Information, said

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

OIL MARKET: COVID 19 resurgence in China breeds instability

By Eyo Nsima The resurgence of Coronivarus pandemic in China has worsened instability in the global oil market. The pandemic threat was fuelled by speculation mostly because of the central place of China as a major crude buyer, expected to utilise more oil in its post-pandemic development. Already, some parts of China have experienced complete

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

AEW 2022: Trinity Energy to Shape Downstream and Midstream Discussions as Gold Sponsor

By Our Correspondent Trinity Energy, South Sudanese petroleum retail services firm, will be participating at this year’s edition of African Energy Week, AEW, as a gold sponsor, shaping discussions on the challenges and opportunities within the sector. According to African Energy Week (AEW), the conference and exhibition, Africa’s premier event for the oil and gas

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

AEW 2022: NAMCOR to shape investment and Green Hydrogen Dialogue as a Platinum Sponsor

By Our Correspondent The National Petroleum Corporation of Namibia will attend the African Oil Week, AEW 2022 as a platinum sponsor, shaping discussions around making energy poverty history on the back of oil, gas and green hydrogen. According to AEW, “Following two sizeable oil and gas discoveries made this year as well as the launch

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