Uncategorised Archives | Page 50 of 119

17th June 2021

APPO Delegation attends NIPS2021

The 4th Nigeria International Petroleum Summit (NIPS) held in Nigeria's Federal Capital Territory, Abuja, earlier this month. Several delegates from Nigeria, Africa, and the rest of the world attended the...

17th June 2021

Enyo’s Downstream Assets in Nigeria Have Been Bought out Completely by AP

Ardova Plc (AP) has been strategically positioning itself in the Nigerian downstream industry since it acquired Forte Oil in 2019. To that aim, the firm announced earlier this week that...

16th June 2021

Nigeria has Flagged Off the NLNG Train 7 Project

Nigeria's President, Muhammadu Buhari, officially launched the Nigeria Liquefied Natural Gas Train 7 project in Bonny, Rivers State, yesterday, June 15, 2021. The Deputy Governor of Rivers State, Ipalibo Banigo,...

16th June 2021

TotalEnergies is very close to having 100% Nigerian content in its operations

Speaking at the recently concluded Nigeria International Petroleum Summit (NIPS) in Abuja, Mike Sangster, the Managing Director of TotalEnergies, Nigeria, noted that the company's largest operation in the country now...

15th June 2021

Tullow Oil has sold its Dussafu Marin permit to Panoro Energy in Gabon

Panoro has paid Tullow Oil $39 million for the Dussafu asset, as well as $5 million in contingent consideration for the Equatorial Guinea agreement. This transaction also includes contingent cash...

15th June 2021

World’s Largest Oil Exporters Disagree with IEA’s “Unrealistic” 2050 Net Zero Roadmap

Some of the world's most powerful oil and gas leaders have dismissed the International Energy Agency's proposal for an immediate halt to oil and gas investments to reach net-zero emissions...

14th June 2021

South Africa to Amend Electricity Regulation Act to Allow IPPs Generate Electricity

President Cyril Ramaphosa of South Africa has declared that the government intends to amend Schedule 2 of the Electricity Regulation Act, which is a critical new step in the restructuring...

14th June 2021

ReconAfrica Discovers Petroleum System at Kavango Sedimentary Basin in Namibia

In Namibia's Kavango Sedimentary Basin, ReconAfrica has announced the discovery of a functional petroleum system in the first part of its second well (6-1). The 6-1 and 6-2 wells, which...

4th June 2021

Savannah Energy is in talks with ExxonMobil to buy its assets in Chad and Cameroon

Savannah Energy, a British independent energy company focused on Africa that is developing high-quality, high-potential energy projects in Nigeria and Niger, has announced that it is in advanced exclusive talks...

4th June 2021

Nigeria’s LEKOIL Sacks Founder/CEO Over Corporate Governance Breach

LEKOIL, a Nigerian oil and gas exploration and production company focused on Nigeria and West Africa, has announced that its Founder and Chief Executive Officer, Olalekan Akinyanmi, has had his...