Africa’s leading integrated energy company, Oando PLC, has announced a stellar financial performance for FY 2024, achieving a remarkable 45% year-on-year revenue growth to N4.1 trillion, driven by the successful acquisition and integration of additional 20% stake in NAOC Joint…
NNPC Launches 5 Mini-LNG Plants, Boosts Gas Supply by 97 Million Cubic Feet Daily
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its partners have launched five mini-Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State, marking a significant step towards deepening domestic gas utilization. This groundbreaking initiative aligns with the Federal Government’s…
Access Bank to Host Pioneering Africa Trade Conference in Cape Town
Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’. Scheduled for March 12, 2025, in Cape…
NIES 2025 International Session to Unlock Africa’s Energy Future Through FDI
One of the cornerstone sessions of the 2025 Nigeria International Energy Summit (NIES), the International Panel, will spotlight the transformative role of Foreign Direct Investment (FDI) in accelerating growth across Africa’s oil, gas, and power sectors. This pivotal session, themed…
President Tinubu is Taking In-Country Gas Utilisation to Unprecedented Levels — Soneye, NNPC Ltd Spokesperson
Described by Nigerians from all walks of life as unprecedented, President Bola Tinubu will be performing the groundbreaking ceremony for five mini-LNG plants in Ajaokuta, Kogi State. NNPC Ltd’s Chief Corporate Communications Officer, Olufemi Soneye spoke to a select group…
US $910 Million Needed To Support Humanitarian Efforts in North-East Nigeria in 2025 – United Nations
Given declining global funding for humanitarian efforts, the 2025 Nigeria HNRP aims at strengthening efficiency in the delivery of aid A total of just over US$ 910 million is required to respond to the humanitarian needs of 3.6 million people…
Algeria’s Bid Round Paves Way for $50B Hydrocarbon Investment Drive
As part of a five-year licensing strategy, Algeria’s ongoing bid round aims to drive significant upstream investment and will be highlighted at the Invest in African Energy Forum in Paris this May Algeria is set to invigorate its hydrocarbon sector…
Congo Economic & Investment Forum (CEIF) 2025: Operators to Outline Strategies for Increasing Oil, Gas Production
A panel discussion during the inaugural Congo Economic and Investment Forum 2025 will explore the strategic advantages of the country’s oil and gas production targets Boasting approximately 1.8 billion barrels of oil, the Republic of Congo has ambitions to increase…
Oil & Gas Crucial for African Growth: The African Energy Chamber (AEC) Calls for Industry Support to Defend African Market
The African Energy Chamber calls for the industry to stand against growing opposition from western agencies undermining the economic growth potential presented by Africa’s oil and gas industry Africa’s oil and gas industry – critical for improving energy access, driving…
Africa’s Top 40 Movers and Shakers to Watch in 2025
The Top 40 Movers and Shakers spotlights key leaders driving transformative change in Africa’s energy sector, with a focus on sustainable development, investment mobilization and energy sovereignty The African Energy Chamber (AEC) is proud to announce its highly anticipated list…