Category: Oil & Gass

 Oil Drops Lowest in 3 Weeks on Global Slowdown Fears

Oil fell the most in three weeks as disappointing economic data sowed new fears of slowing global growth. West Texas Intermediate futures in New York dropped 1.6 percent...

Africa: Energy Stakeholders Call for New Financing Mechanisms to Support Off-grid, Mini-grid Connectivity

Energy industry stakeholders attending the 5th Energy Access Investment Forum have called for a restructuring of the financing mechanisms enabling the development of...

Gov. Dickson Says IOCs Fueling Insecurity in Niger Delta

Governor Henry Seriake Dickson of Bayelsa State has launched the ‘Rise For Bayelsa Campaign’, an initiative to attract global attention to the ravaging...

OIL SECTOR: Ayuk Leads Industry Delegation to Nigeria

Centurion Chief Executive Officer (CEO) and Executive Chairman of the African Energy Chamber, NJ Ayuk, is leading an industry delegation to Nigeria this week to meet...

Who’s Leading Africa’s Future Digital Infrastructure Investment?

Digital and broadband infrastructure investment is clearly one of the top priorities for Africa’s key telecom operators and investment firms in 2019. In this article,...

Don’t Sabotage the Nation, IPMAN Boss Tells PTD

BY OSELOKA NNAMDI in Awka• Orders tanker drivers, marketers back to business The Petroleum Tanker Drivers (PTD) Union has been directed to shelve whatever their...

Nigeria’s Oil Production Dropped By 82,644bpd in January

ADAKU ADIDNDU in Abuja• Report by the Ministry of Petroleum Resources has disclosed that the country produced less crude oil in January 2019 than it did in December...

African Oil Industry Endorses Cape VII Congress in Equatorial Guinea

The African Energy Chamber said it’s proud to endorse the APPO Cape VII Congress and Exhibition to be held in Malabo on April 2-5, 2019. Hosted by the African...

South Sudan Inks Agreement with African Energy Chamber Technical Assistance

The African Energy Chamber has entered into a technical assistance cooperation agreement with the Ministry of Petroleum of the Republic of South Sudan to strengthen the...

Minister, DPR Discredit Claims of Anomalies in Renewal of Oil Leases

BY ADAKU ADINDU in Abuja• The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has said that there were no misdeeds whatsoever in the renewal of 22...