Oil & Gas

Africa’s largest private power business, Sahara Group, has become a member of leading global carbon capture, utilisation and storage (CCUS) research organisation, CO2CRC.   The leading energy and infrastructure conglomerate joined the Australian-based CO2CRC to drive its commitment to reducing its emissions footprint and building a more sustainable business model. The company’s emissions reduction aspirations […]

By Our Correspondent A Product tanker LARKO broke off her moorings at Guaraguao Oil Terminal, Puerto La Cruz, Venezuela, at around 0830 LT September 17, 2022, during loading of gasoline, according to FleetMon. It stated: “Product tanker LARKO broke off her moorings at Guaraguao Oil Terminal, Puerto La Cruz, Venezuela, at around 0830 LT Sep

By Our Correspondent The African Energy Chamber (AEC), in collaboration with the African Continental Free Trade Agreement (AfCFTA) Youth Forum, will host a Youth Energy Roundtable discussion during this year’s edition of African Energy Week (AEW) – taking place from October 18-21, 2022 in Cape Town. During the forum, discussions will largely center on the

By Our Correspondent TotalEnergies has completed the divestment of its 18 per cent interest in the onshore Sarsang oil field in the Kurdistan region of Iraq, to ShaMaran Petroleum Corp., a company listed in Canada and Sweden and focused on oil exploration and development in Kurdistan, for a firm consideration of $ 155 million. According

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.

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

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,

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