Blog - Page 88 of 123 - Ibe Kachikwu

24th October 2020

Tech World Oil Company Opens a Fuel Station at Fula Bantang, Gambia

Gambian-owned Tech World Oil Company recently inaugurated a fuel station at Fula Bantang in the Central River Region (CRR) worth D2.5 million. The new service station becomes the sixteenth across...

23rd October 2020

Libya Lifts Force Majeure at Sidra and Ras Lanuf Ports

The National Oil Corporation of Libya (NOC) has announced the lifting of force majeure at Sidra and Ras Lanuf ports. The Corporation said that upon the restart of production from...

23rd October 2020

Siemens Energy in Discussions to Help Add 1.3 Gigawatts to Iraq’s Grid by 2021

Siemens is in talks with the government of Iraq to advance work on phase two of its $15 billion power rehabilitation project. The German industrial giant is in talks to...

22nd October 2020

Mitigating the natural decline of production “is our top priority” – Angolan Minister of Mineral Resources

In a report launched by Africa Oil & Power titled 'Angola COVID-19 Response' which analysed Angola's strategy to mitigate the impact of COVID-19 on Angola's energy sector, the Minister of Mineral...

22nd October 2020

Assala Energy Invests $24 million on New Infrastructure for Gamba Southern Export Terminal, Gabon

Assala Energy has announced it will invest $24 million to modernise Gabon's Gamba export infrastructure in the south of the country. The Gamba export channel is critical to the economy...

22nd October 2020

Oman to Improve Returns from Government Assets to offset Low Oil Prices

The Sultan of Oman, Haitham Bin Tarik, has set rules for the financial stability of the Sultanate and will focus on diversifying the economy to reduce the country's reliance on...

22nd October 2020

Nigeria’s NNPC and NRC in Talks Over Movement of AKK Project Tools

The Managing Director and Chief Executive of Nigerian Railway Corporation (NRC), Engineer Fidet Okhiria, said the Corporation is in discussions with the country's National Oil Company, NNPC, concerning the movements...

21st October 2020

Uganda Received No New Bid for Its Licensing Round After a Six-month Extension

According to The EastAfrican, the second round of bids for Uganda's oil licensing round that expired at the end of September ended with no new expressions of interest received from...

21st October 2020

IMF Predicts Oil Price will Remain Between $40 – $50 per barrel in 2021

According to the International Monetary Fund's Regional Economic Outlook: Middle East and Central Asia latest report, oil prices will stay between $40 - $50 per barrel, putting additional pressure on...

21st October 2020

FIN Holds Exclusive Virtual Meeting with Secretary-General of APPO

Last week, a United Kingdom-based firm, Strategic enablers of Foreign Direct Investment into Africa's oil & Gas Sector, Foreign Investment Network (FIN), held a virtual meeting with the Secretary-General of...