Re: Tax Tribunal orders NLNG to Pay $27.5m to FIRS as 2016 revised Corporate Income Tax

The Nigeria LNG Limited (NLNG) has made clarifications on noted media reports which have suggested that a Tax Appeal Tribunal ordered NLNG to pay $27.5 million to the Federal Inland Revenue Service (FIRS) as a revised Company Income Tax (CIT)…

Angola Oil & Gas (AOG) 2024 Leadership Track to Examine Synergies, Downstream Investment Opportunities

This year’s Angola Oil & Gas conference features a Leadership Roundtable track, with sessions delving into opportunities in downstream projects, synergies through collaboration and the role of national oil companies in Africa   Angola has up to 29 block opportunities…

Francophone British Business Council (FBBC) Joins MSGBC Oil, Gas & Power 2024 as Strategic Partner, Promoting United Kingdom-Africa Investment

The Francophone British Business Council enables access by UK companies to Francophone markets seeking partnerships and investment, including Senegal, Guinea-Conakry and Ivory Coast   The Francophone British Business Council (FBBC) has partnered with the upcoming MSGBC Oil, Gas & Power…

At MEMAN Press Briefing, Speakers Advocate Competition, not Monopoly in Downstream Sector,

At the recent Major Energy Marketers Association of Nigeria (MEMAN) quarterly press briefing, various speakers advocated for the enabling environment for competition to thrive and not monopoly as only competition would guarantee better pricing, increased consumer awareness and quality products.…

MEMAN Calls for Crackdown on Counterfeit, Fake Lubricants

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…

Oando Chief Executive Officer (CEO) to Champion Role of Local Explorers at MSGBC Oil, Gas & Power 2024

Adewale Tinubu, CEO of Nigerian multinational energy company Oando, will discuss the company’s latest acquisition and evolution into a leading indigenous explorer at the upcoming conference   Following its milestone acquisition of Italian multinational Eni’s onshore assets in Nigeria, Oando…

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…

Nigeria to be Net Exporter of Petroleum Products by December 2024

Nigeria concludes plans to become net exporter of petroleum products by end of 2024

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