Oil & Gas

OPEC plans First Ministerial Roundtable on Energy, Climate and Sustainable Development for oil-producing countries

OIL MARKET: IOCs and the NOCs cooperation needed to achieve stability

By Mohammad Sanusi Barkindo It is a great pleasure to welcome you all to this first-ever Technical Workshop with Energy Companies, which is being held today as a videoconference. We are pleased to welcome national oil company representatives from both OPEC Member Countries, as well as non-OPEC countries participating in the Charter of Cooperation, in […]

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How fire shuts destroys Norway's LNG terminal Hammerfest

Novatek’s planned LNG terminal in port of Rostock stopped

Germany’s efforts to import LNG for diversifying its energy supply have suffered another setback, according to FleetMon. It stated: “After the Wilhelmshaven LNG terminal was canceled in April, now the planned LNG terminal in Rostock has been canceled by Novatek and Fluxys, citing the current market conditions,. “Laurent Remy, Fluxys spokesperson said that despite getting

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

Exploration and Investment Opportunities in Mauritania’s Petroleum Industry

By Matthew Goosen Following the discovery of a large deposit of natural gas offshore Mauritania in the Tortue natural gas field in 2014 by U.S. deepwater exploration and production company Kosmos Energy, interest in the region’s oil and gas prospects has exploded, placing the Saharan country in the early stages of a hydrocarbon boom. Kosmos’

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NCDMB Hands Over Ultramodern Technical Workshops in A/Ibom State

The Nigerian Content Development and Monitoring Board (NCDMB) on Friday handed over ultra-modern Woodwork and Carpentry workshops it renovated and upgraded at the Government Technical College, (GTC) Abak, Akwa Ibom State. The commissioning of the facility was performed by the Governor of Akwa Ibom State, Mr. Udom Gabriel Emmanuel, represented by the Secretary to the

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Energy transition-a new path to power in Africa

Entitled A New Energy Path to Viability for African Utilities, the paper unpacks the broader macroeconomic trends that are shaping the transition Africa currently sits on the cusp of a transition into a new energy paradigm, one in which technological and commercial innovations are delivering increasingly decentralised power to the people of the continent in

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BREAKING: NNPC seeks support to tackle oil theft in Nigeria

NNPC Calls on Petroleum Tanker Drivers Not to embark on Strike

NNPC Calls on Petroleum Tanker Drivers Not to Embark on Strike The Nigeria National Petroleum Corporation calls on Petroleum Tanker Drivers too, in the interest and welfare of the Nigerian people call off its planned strike action. The strike is about the condition of roads in various parts of Nigeria which are used for the

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Nigeria’s Petroleum Minister Timipre Sylva to engage investors at Invest in African Energy Reception in London

PIA will drive Nigeria’s Energy Transition – Sylva

By Godswill Odiong Nigeria’s Minister of state for Petroleum Resouces, Timipre Sylva, has stated that the birth of Petroleum Industry Act would play a significant role in pushing the country’s energy transition. He disclosed this at the Seplat Energy Summit 2021 with the theme “Global Trends in Energy Transition and the Africa Perspective”. He said:

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Chevron boss, others visit Governor of Lagos State

Chevron boss, others visit Governor of Lagos State By Eyo Nsima The Chairman/Managing Director, Chevron Nigeria Mid Africa Business Unit, Mr. Rick Kennedy and other members of the company’s leadership, Tuesday, paid a courtesy visit to the Governor of Lagos State, Babajide Sanwo-Olu at Lagos House Marina. Chevron is one of the largest oil producers

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Seplat Energy’s gas revenue grows to $63.7 million year-on-year

SEPLAT Energy Summit hosts Experts on Energy Transition

SEPLAT Energy Summit hosts Experts on Energy Transition By Eyo Nsima Seplat Energy Plc is set to host its second edition of the Seplat Energy Summit (SES) on the 7th of October 2021 available for free participation online. The theme of this year’s Summit is Global Trends in Energy Transition and the African Perspective. This

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Nigeria to produce 1.649 mb/d as OPEC releases new oil quota for members, Non-members

Nigeria to produce 1.649 mb/d as OPEC releases new oil quota for members, Non-members By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has released its new production quota for its members and non-members. Under the new quota released at the end of the 21st OPEC and non-OPEC Ministerial Meeting, held via videoconference, on

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