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APPO retains Nigeria’s Omar Farouk Ibrahim as Secretary General
Sopuruchi Onwuka The Council of Ministers of the African Petroleum Producers Organization (APPO) has extended the tenure of Nigeria’s Omar Farouk Ibrahim as the Secretary General of the body which coordinated energy policies and programmes for socio-economic development of the…
Russia resumes Ukraine grain export deal
Russia resumed its participation in the Black Sea grain-export deal after extracting written guarantees from Ukraine that the safe-passage corridor would be used only for grain exports. Russia’s return to the deal came after a convoy of ships ignored President…
NNPC scrambles management team for recovered Addax assets
Sopuruchi Onwuka Nigerian National Petroleum Company Limited (NNPCL) is working to minimize activity downtime at the oil block just recovered from Addax Petroleum after an exit settlement. The company which is visibly shopping more assets to beef up operated production…
Emeka Okwuosa: Outstanding recognition for emissary of power
Sopuruchi Onwuka Chairman of Oilserv Group, Sir Emeka Okwuosa, is an unusual Nigerian who stands out among the very few Africans who are distinguished by their exceptional capacity for value creation and contributions towards the growth of standards in their…
ConocoPhilips stakes 6.25% in Qatar’s LNG project
QatarEnergy’s chief executive on Sunday named ConocoPhillips as the third and final partner on the Gulf Arab state’s North Field South expansion, part of the world’s largest liquefied natural gas (LNG) project. ConocoPhillips will have a 6.25% interest in the…
Wabote charges oil firms on diversification, energy transition
Commissions GIL Automation’s factory The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Thursday in Lagos performed the commissioning of GIL Automations’ cable tray and switchgear factory and the opening of its…
World Bank projects 11% energy price fall in 2023
The World Bank has projected energy prices decline of 11 percent in 2023 a 60 percent surge on Russia’s invasion of Ukraine. The multilateral lender also warns that the price decline could be steeper on slower global growth and COVID…
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…
