Uncategorised Archives | Page 44 of 119

3rd August 2021

Shell has Commenced a Major Asset Divestment in Nigeria

Royal Dutch Shell, according to multiple sources, has launched substantial disposal of its Nigerian properties, particularly those in shallow water and onshore. Shell is said to have already hired Standard...

3rd August 2021

Nigeria Lowers the Price of Gas to Power from $2.50 to $2.18

The President of Nigeria, Muhammadu Buhari, has announced the reduction of gas to power prices from $2.50 to $2.18. He made this known while declaring open the 2021 Gas Sector...

2nd August 2021

African Energy Week 2021 Set to Hold in South Africa

The African Energy Week (AEW) 2021 will take place from Tuesday, November 9th, to Friday, November 12th, 2021, at the V&A Waterfront in Cape Town, South Africa. The African Energy...

26th July 2021

Petronas and ADNOC Sign Agreement to Explore Oil & Gas Opportunities in Abu Dhabi

Abu Dhabi National Oil Company, ADNOC, and Malaysian oil and gas firm, Petronas, will explore opportunities across the oil and gas value chain, following the signing of an agreement to...

24th July 2021

Saudi Arabia Announces Discovery of Four New Oil and Gas Fields

Saudi Arabia's energy minister, Prince Abdulaziz bin Salman, recently stated that the world's top crude exporter had identified four new oil and gas reserves. Oil has been discovered at Al...

23rd July 2021

Golar & SNH Cameroon have Agreed to Increase LNG Production by 200,000 tonnes by 2022

The LNG transportation company, Golar, has reached an agreement with Perenco and Société Nationale des Hydrocarbures (SNH) to expand the utilisation of the FLNG Hilli Episeyo off the coast of...

23rd July 2021

Nigeria’s Oil Output Dropped by 11.47% YoY in Q2’21

Nigeria produced 1.343 million barrels per day in the second quarter of 2021, according to the Organisation of Petroleum Exporting Countries' Monthly Oil Market Report (MOMR), compared to 1.517 mb/d...

22nd July 2021

AfDB to Provide Renewable Energy to Ghana, Ethiopia, Kenya, Nigeria and Tunisia

The African Development Bank's (AfDB) Leveraging Energy Access Finance Framework (LEAF) programme aims to unlock commercial and local currency financing for decentralised renewable energy (DRE) projects in Ghana, Guinea, Ethiopia,...

22nd July 2021

Predator Oil & Gas Announces Placing to Raise £1.3 Million

Predator Oil & Gas, a Jersey-based oil and gas company with activities in Trinidad, Morocco, and Ireland, has announced that it has conditionally placed 26,000,000 new ordinary shares with no...

21st July 2021

Algeria’s Sonatrach has signed a New Code of Ethics

The CEO of the Algerian National Hydrocarbons Company, Sonatrach, Toufik Hakkar, signed the new code of ethics for the company on Monday at a signing ceremony held at the group's...