Category: Oil & Gass

IPMAN: We Can’t Sustain Selling Petrol at N145

The Chairman, Independent Petroleum Marketers Association of Nigeria (IPMAN), Ore Depot, Mr Shina Amoo, has said that the independent marketers might soon start selling...

Atlas Oranto to Invest in Gas Following Equatorial Guinea’s Project Approval

•To partner with Noble Energy, Glencore and Gunvor• Following the signing of Definitive Agreements (DAs) for the monetisation of gas from Equatorial Guinea’s Alen...

Oil Set for Best Quarterly Rise Since 2009 on OPEC Cuts, Sanctions

Oil prices rose on Friday, on track for their biggest quarterly rise in a decade, as the US sanctions against Iran and Venezuela as well as OPEC-led supply cuts...

 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...