Blog - Page 58 of 123 - Ibe Kachikwu

9th May 2021

Panoro Energy Says DHIBM-2 Extension Well Found no Hydrocarbon Reserve

Panoro Energy has announced that the Borr Norve jack-up rig that is currently drilling the DHIBM-2 Hibiscus Extension well has drilled through the main targeted Gamba sandstone in a structurally...

8th May 2021

Total begins Production from Zinia Phase 2 on Block 17 in Angola

The operator of Block 17 in Angola, French oil and gas group, Total, and the Angolan National Oil, Gas and Biofuels Agency have announced the start of production from the...

7th May 2021

Shell to Hand Over Tunisian Upstream Concessions by 2022

Oil and gas giant, Shell, has officially informed the Tunisian Ministry of Energy Transition of its decision to hand over the Miskar concession (Gabes) upon the license expiry in June...

7th May 2021

Brent Crude Rises to Almost $70; May Pose Threat to Nigerian Government’s Subsidy Payment

The international oil benchmark, Brent Crude, was just about 30 cents away from hitting $70 amid market optimism on the United States and Europe reopening. According to data from Oilprice.com,...

6th May 2021

Kenya and Tanzania Sign Gas Pipeline Deal; To Jointly Combat COVID-19

East African countries, Kenya and Tanzania, have signed a gas pipeline deal that is to run between the coastal cities of Mombasa in Kenya and Dar es Salaam in Tanzania....

6th May 2021

Lithuania to Receive First LNG Cargo from Egypt this week

The Lithuania LNG terminal, operated by KN (Klaipėdos Nafta), which resumed operations on 1st of May 2021, is expecting to receive its first LNG cargo from Egypt on Friday, 7th...

5th May 2021

UK-based Matrix Petroleum Targets the Namibian Petroleum Sector

Matrix Petroleum, which is currently operating in South Africa, Zambia and Zimbabwe, is hoping to break into the Namibian market in a year or two, as part of its African...

5th May 2021

Total Côte d’Ivoire to Distribute 99% of its 2020 Net Profit to its Shareholders

According to the financial statements published by Total Côte d’Ivoire on the Regional Securities Exchange (BRVM) of Abidjan where it is listed, the Company plans to distribute 99% of its...

4th May 2021

Dana Gas Terminates Agreement for Sale of Egyptian Assets

Dana Gas has announced the termination of its agreement for the sale of its Egyptian assets as several conditions necessary for the completion of the transaction were not satisfied by...

3rd May 2021

Indian Oil Imports from OPEC Member Countries Drops to Two-Decade Low

The Organisation of Petroleum Exporting Countries's share of the world's third-biggest oil importer’s import fell to the lowest in at least two decades in the year-to-end of March as the...