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Month: October 2022

Namibia aspires for OPEC membership

Namibia could consider joining OPEC if recent offshore oil discoveries prove to be large enough for commercial development, Namibian petroleum commissioner Maggy Shino told Bloomberg on Wednesday, as oil majors that have made recent discoveries prepare for appraisal drilling. TotalEnergies…

Savannah Energy’s Accugas wins CIPM HR Best Practice Award

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that the Company’s 80 percent indirectly owned subsidiary, Accugas Limited, has won the Human Resources (“HR”) Best Practice…

Seplat still optimistic on Mobil acquisition

Indigenous energy multinational, Seplat energy Plc, has assured stakeholders that its Sales & Purchase Agreement (SPA) signed on 25 February 2022 to acquire Exxon’s shallow water operations in Nigeria, MPNU, remains valid. The company stated in its quarterly operations briefing…

Seplat declares N258.7 bn Q3 revenue, N118.5 bn profit

Sopuruchi Onwuka Indigenous upstream poster child, Seplat Energy Plc, lives up to its performance reputation with impressive third quarter financials that project massive jumps in operating income, associated margins and rewards to investors. The company which has remained vehement with…

AIICO attacks breast cancer with 30 treatments, 100 tests

Sopuruchi Onwuka Frontline insurance services provider in Nigeria, AIICO Plc, has declared sponsorship of breast cancer treatment for 30 patients in the country, adding that it is also driving preventive mammogram test for over 100 women in the country. The…

Terror Threat: FG tracks terror signals, raises security alertness

With consistent alarms on terrorist threats on the federal Capital Territory (FCT) the administration of President Muhammadu Buhari has declared increased measures to forestall possible attacks in the country. The presidency on Friday also called for the public to be…

Europe solidifies decision to ban new combustion cars by 2035

The threat to sustainable oil demand is increasing in Europe where the regional economic bloc has decided in concrete terms to end use of petrol for vehicular transportation in the next 13 years in line with already running emission reduction…

Fire kills 11 at Uganda school for the blind

Eleven children have died after a fire broke out in the early hours of Tuesday at a school for visually impaired children in Uganda. Four others are in a critical condition and are being treated in hospital. The cause of…

World’s dirtiest man dies

The dirtiest man in the world, Amou Haji, died on Sunday, October 23, 2022, in the village of Dejgah in the southern province of Fars, Iran. The news was published by the Guardian, citing the IRNA news agency, which pointed…

Terror threat: U.S. authorizes departure of non-emergency staff from Nigeria

The U.S. State Department on Tuesday authorized the departure of non-emergency U.S. government employees and their families from Nigeria due to a heightened risk of terrorist attacks in the country. The latest travel update comes after the United States and…