Category: Uncategorised

Author | Legal Icon | Energy Expert

OPEC Boosts Oil Production by 0.4 million barrels per day in October

On September 1, 2021, the virtual 20th OPEC and non-OPEC Ministerial Meeting (ONOMM) came to an end. Although the consequences of the COVID-19 pandemic continue to throw some doubt, market...
Read More

Banning Fossil Fuel Investments Would Crush Africa – Prof. Yemi Osinbajo

Professor Yemi Osinbajo, the vice president of the Federal Republic of Nigeria, offered his thoughts on the western world's planned shift away from fossil fuels and the impact it will...
Read More

UNEP Announces the End of Toxic Fuel (Leaded Petrol) Worldwide

After almost 2 decades of intense diplomatic efforts by the United States and the United Nations to end toxic fuel, the production of leaded gasoline has now ended worldwide as...
Read More

TotalEnergies Considering Resumption of Mozambican LNG Project; Appoints New Country Manager

Following persistent operational delays caused by the increasing insurgency in Mozambique's northern area, TotalEnergies is considering resuming operations at its Liquified Natural Gas (LNG) plant. Last week, Akinwumi Adesina, President...
Read More

Algeria to Abandon MEG and Utilise Direct Natural Gas Pipeline to Spain

Algeria will no longer transport natural gas to Spain via the Maghreb-Europe Gas Pipeline (MEG), which runs overground through Morocco. Instead, all supplies will be diverted to the Medgaz pipeline,...
Read More

VAALCO Announces Binding Letter of Intent for FSO at Etame Marin Field Offshore Gabon

VAALCO Gabon has signed a binding letter of intent (‘LOI') with World Carrier Offshore Services Corp to provide and operate a Floating Storage and Offloading (‘FSO') unit at VAALCO's Etame...
Read More

PGS Progresses in Data Coverage from Côte d’Ivoire to Nigeria with New Data

The most recent PGS MegaSurvey data exposes Tano Basin prospectivity from the shelf to deep water, adding to its ongoing data coverage from Côte d'Ivoire to Nigeria. This PGS data...
Read More

Nigerian Oil Company Eterna to Sell 61% of its Stock to a New Investor

Following a deal with seven significant shareholders in the oil market to acquire their combined positions, a new majority shareholder is on track to buy out more than three-fifths of...
Read More

More Modular Refineries to Commence Operations in Nigeria Soon – Minister

The Minister of State for Petroleum Resources, Timipre Sylva, said the modular refineries programme to improve domestic crude oil output in the country is on track in an interview with...
Read More

Congo: OPEC SG Visits APPO Headquarters; Dr Rilwanu’s Research Centre

During his official 3-day visit to the Republic of Congo, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), alongside the Minister of Hydrocarbons of the Republic of Congo,...
Read More