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H.E. Dr. Emmanuel Ibe Kachikwu – Exclusive Chat with Guardian Nigeria

From the archives: DECEMBER 21, 2018 "Dr. Emmanuel Ibe Kachikwu is the Minister of State, Petroleum Resources and the immediate past Group Managing Director, Nigerian National Petroleum Corporation…” as captioned by...
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EU-AFRICA RELATIONS: Italy Negotiating Renewable Energy Deals with Libya and Algeria

Italy is currently in talks with Libya and Algeria about how to mobilise and develop renewable energy resources. The European country is attempting to diversify its energy mix by including...
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Oil Prices Will Remain Above $100 For Several Months – EIA

According to the Energy Information Administration (EIA), oil prices will remain above $100 per barrel in the coming months, reflecting the geopolitical risk posed by the conflict between Russia and...
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Global Energy Spending is Expected to Reach a New High of 13% of Global GDP in 2022

Rallying energy commodity prices are expected to drive up primary energy expenditures globally to a record 13% of global gross domestic product (GDP), comparable to the energy cost levels during...
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Chevron to Trade Venezuelan Oil After U.S. Sanctions are Lifted

The U.S. oil major has started putting together a trading team to market Venezuelan oil. Chevron plans to expand its position in the four joint ventures it has with state-run...
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Shell Ordered to Suspend Plans to Sell its Assets in Nigeria

Shell Plc has been ordered by a Federal High Court in Owerri, the capital of Imo State in south-eastern Nigeria, to halt all preparations to sell up its offshore assets...
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Zimbabwe and Mozambique to Partner in Gas Development

Zimbabwe and Mozambique have entered into a partnership to extract and refine natural gas in the Buzi and Temani regions of Mozambique's Manica Province, near the Zimbabwean border. The agreement...
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FULL TEXT OF H.E. DR IBE KACHIKWU’S REMARKS AT SAIPEC 2022

“Good morning, distinguished ladies and gentlemen...   And where there are Excellencies, I also add that. It is increasingly becoming obvious that everybody in Nigeria is becoming Excellency. So sometimes...
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China Plans to Buy Stakes in Russian Energy Companies

According to Bloomberg sources, the Chinese government is in talks with four state-owned enterprises to buy shares in Russian oil and metals firms. China National Petroleum Corp (CNPC), China Petrochemical...
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Shell to Halt Purchase of Russian Oil and Gas

Following criticism over its decision to acquire crude oil from Russia last week, UK energy major Shell has decided to halt all imports of Russian oil and natural gas. On...
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