Oando Plc Completes Acquisition of Eni’s Subsidiary for $783m
Oando Plc says it has completed the acquisition of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783m. It announced this Thursday in a statement...
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China’s Coal Production Surges to Meet Rising Energy Demands
China’s coal production went high in July, surpassing the record for 2023 Thermal power generation declined in July due to increased hydropower generation, but overall...
Ghana Sets Out to Construct Africa’s Next Generation Petroleum Hub
Ghana is on its way to constructing a $12-billion strategic petroleum project (hub) which is expected to significantly enhance the country’s position in the global...
Europe Battles Unfavourable Power Prices as Renewables Flood the Grid
According OilPrice, Europe groans as its power markets experience a notable shift, resulting from the impact of renewables, particularly wind and solar – which has...
Namibian Energy Ministry Fast-Tracks ‘Namibian Content’ Policy Amid Transformative Discoveries
The draft policy aims to ensure effective national stewardship in the oil and gas industry, prioritizing the role of local industry players and stakeholders in...
Niger Delta Ex-Agitators Advocate Southern Solidarity
The Niger Delta Ex-Agitators Forum has called for solidarity among southern political leaders to demand for justice, equity and end the marginalisation of politicians...
NNPC Releases its 2023 Audited Financial Statement
Posting N3.3trn Net Profit and Declaring N2.1trn Dividend Targets 2mbpd Crude Oil Production by Dec 2024 The NNPC Limited has released its 2023 Audited Financial...
NNPCL $6.8BN Non-Remittance: Verify issues before disseminating information – Olufemi tells reporters
Says there’s regular tax payments into the Federation Account The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted a media report claiming that the...
NLNG Train 7: NCDMB Commissions Daewoo’s Galvanizing Plant
Highlights its significance to Africa’s Continental Free Trade Agreement Protocols The Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe...
Shell’s chain of awards at SPE NAICE2024 testifies to its commitments to operational excellence – Analyst
Shell Companies in Nigeria (SCiN) won the coveted Best Exhibitor award at the 2024 Nigeria Annual International Conference and Exhibition of the Society of Petroleum...