Stakeholders in the oil industry have made an impassioned call for a crackdown on sales and distribution of fake, counterfeit lubricants in Nigeria. This call was made yesterday at the quarterly press briefing by the Major Energy Marketers Association of…
ReconAfrica’s Farm in Namibia Onshore to Accelerate Exploration and create more Opportunities
The African Energy Chamber supports ReconAfrica’s divestment of a 20% stake in Petroleum Exploration License (PEL) 73 onshore Namibia to BW Energy, which will fast-track the planned multi-well drilling campaign and 3D seismic program In a milestone transaction, Reconnaissance…
Africa: Azule Energy Reiterates Commitment to Angola, Pioneers World’s First Green Floating Production Storage and Offloading (FPSO) Vessel
The African Energy Chamber commends Azule Energy for its sustainability efforts and operations in Angola as it supports the country’s E&P goals In a bid to solidify its position as a key player in the global energy market, Angola…
Africa: Konrad-Adenauer-Stiftung Joins Critical Minerals Africa (CMA) 2024 as Strategic Partner
The increasing demand of critical minerals for the global energy transition presents African countries with an opportunity to address environmental governance challenges and accelerate infrastructure development and economic growth through export revenues and global market cooperation. Furthermore, the development and…
Annelie Lundström appointed new CEO, Veracio
Annelie Lundström has been appointed as Veracio’s new CEO, replacing JT Clark, in the midst of a management shake-up. Veracio was recently acquired by American Industrial Partners (“AIP”), a middle-market private equity firm focused on the purchase and improvement of…
Deep water project: TotalEnergies advocates good fiscal incentives, competition to reduce costs
……As deep water segment in Nigeria stuck for 10 years In a bid to move the deep water projects of the Nigerian oil and gas sector forward, Country Chairman and Chief Executive Officer of TotalEnergies EP Nigeria Limited, Mr. Mathieu…
Namibia’s Largest Oil and Gas Conference Returns in August
Building on the success of its first edition, and in response to calls for a follow-up conference, the Namibia Oil and Gas Conference has confirmed it will return to Windhoek from 20-22 August 2024. With over 800 delegates, key industry…
Regulatory authority refutes dirty fuel importation allegations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says there is no imported dirty fuel in the country. The Authority said it would never encourage importation of dirty fuel into the country and ensured that only quality protroleum products…
Aiteo Resumes Crude Production in Nembe Field After Oil Leak
Aiteo Eastern Exploration and Production Company Limited (AEEPCO) has announced the resumption of oil production in the Nembe field. This follows the completion of a joint investigation into a recent oil leak at the site. It would be recalled that…
NNPC Set to Deliver Gas Revolution with OB3 Gas Pipeline Project
………As FG Expresses Satisfaction with Project’s Progress In yet another major step towards boosting nationwide gas supply to drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) is set to deliver the Obiafu-Obrikom-Oben (OB3) Gas…
