Browsing Category
NEWS
Wärtsilä Modular Block Solution To Modernize Power Generation In A Malian Gold Mine
The technology group Wärtsilä announces the first order of its innovative new Wärtsilä Modular Block solution for power generation to Aggreko, a global provider of mobile, modular power, temperature control and energy services. Four…
AfDB’s Support To Energy Sector Doubles To E410.66m In 3yrs
...Supporting 7 Public Sector, One Private Sector Operations.
African Development Bank is leading a collaboration of the Embassy of Germany in Rwanda, the KfW Development Bank and the government of Rwanda to inaugurate the high voltage…
Petroleum Tankers Safety Bill Scale 2nd Hurdle In Nigerian Senate
A bill seeking to reduce frequent accidents by petroleum trucks on Nigerian roads on Tuesday scaled through the second reading in the Nigerian Senate. The bill seeks to make consequential provisions towards safe transportation of petroleum…
Angola craves for FDI for bankable oil projects
Africa Oil & Power supports Angola with year-long FDI campaign in 2020 to promote capital inflow into bankable projects; Angola Oil & Gas Conference & Exhibition (AngolaOilAndGas2020.com) returns to Talatona June 16-17, 2020;…
EBRD Injects $183m To Strengthen Egypt’s Renewable Energy Inflows
European Bank for Reconstruction and Development (EBRD) is injecting $183million to the Egyptian Electricity Transmission Company (EETC), a state-owned company, for financing and modernisation of Egypt’s electricity grid renewable energy.
…
Confusion Over Proposed N50 Surcharge For POS Payments At Fuel Stations
There is confusion on the fate of purchasers of petroleum products from filling stations over a publication yesterday stating that beginning from December 1, this year, customers who make petroleum product purchases above N1000, with Point…
Governors Back VAT Hike To 7.5%
Nigerian state governors have thrown their weight behind the controversial Finance Bill passed by the Senate last Thursday. The bill, among others increased Value Added Tax (VAT) from 5% to 7.5%, among other revenue generation and fiscal…
ExxonMobil, Shell Disagree On Viability Of Business In Nigeria
Two international oil companies operating in Nigeria, American ExxonMobil and Dutch oil giants, Shell Petroleum Development Company have differed on the Nigerian investment environment question, with each company casting confidence and no…
NCDMB, Justice Ministry To Deepen Collaboration On Local Content Implementation
The Nigerian Content Development and Monitoring Board (NCDMB) and the Federal Ministry of Justice are working to deepen the existing collaboration to ensure effective implementation of Nigerian Content initiatives.
Speaking at the…
Shell, Others Discuss ‘Rethinking The Future Of Extractives’ At The 25th Nigeria…
L-R: General Manager, Business and Government Relations of Shell Nigeria, Bashir Bello; Group Managing Director, Nigeria National Petroleum Corporation, Mele Kolo Kyari; Managing Director, Shell Nigeria Gas, Ed Ubong; and…
President Buhari Visits Shell Booth At 25th NES:
Chairman, Nigeria Economic Summit Group, Asue Ighodalo; President Muhammed Buhari; Commercial Integration Manager, Shell Nigeria, Taaj Shobayo; and Shell Nigeria's General Manager, Business and Government Relations, Bashir Bello, during…
NCDMB Holds One-day Workshop For Women In O&G Industry
The Nigerian Content Development and Monitoring Board will on Thursday, October 17, 2019, hold a one-day workshop for women in the oil and gas industry with a theme “Mainstreaming Women in the Oil and Gas Industry”.
The event which will…
S/Africa To Partner Nigeria On Mining And Oil Expertise
South Africa and Nigeria have opened talks on symbiotic collaborations in oil and gas exploration and mining.
The countries are bringing on the table their respective areas of expertise in mining, oil and gas…
GECF Holds 21st Ministering Meeting, Expresses Concerns Over Sanctions In Gas Sector
...Projects gas share in energy mix to increase from 23% to 27% in 2050
The 21st Ministerial Meeting of the Gas Exporting Countries Forum held on Thursday in Moscow, under the Chairmanship of HE Manuel Salvador…
Why Ghana Increased Water, Electricity Tariffs – PURC
Ghanaian’s Public Utilities Regulatory Commission (PURC) has given the reason for the upward review it made on water and electricity tariffs to be a result of high prices of crude oil.
The PURC had on Monday, announced that water and…
Ghanaian Employers Seek Opportunities For Women To Assume Leadership Positions
Peace Obi
The President of the Ghana Employers’ Association (GEA), Dan Acheampong, has called on employers in public and private sectors to consciously provide women with the needed skills, enabling environment and opportunities for…
NNPC Foils Swindlers Game In London
Chibisi Ohakah
Nigeria’s national oil company, the Nigerian National Petroleum Corporation (NNPC), is believed to have come heavily under threat of scammers who may have freely fleeced unsuspecting investors and other members of the…
NLNG Shops For $10bn For Train 7 Expansion
…$7bn for construction, $3bn for gas-gathering projects and pipelines
Chibisi Ohakah
Nigeria Liquefied Natural Gas (NLNG) operator of Africa’s largest natural gas plant has opened talks with Guaranty Trust Bank Plc and Zenith Bank…
OPEC Cuts 2020 Oil Demand Forecast, Urges Effort To Avert New Glut
The Organisation of the Petroleum Exporting Countries, OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted the need for ongoing efforts to…
Two Nigerian Businesses Shortlisted For Shell Global Innovation Prize
Peace Obi
Two Nigerian businesses, FarmToJuice and Foods Nig. Ltd and Basiled Energy Ventures have been shortlisted among 21 finalists for the Shell LiveWIRE Top Ten Innovators Awards, a global competition which highlights and rewards…