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…
Commissioner Unveils Waste Management Plans at Event …Govt to build waste-to-energy plants at Olusosun, Epe and Badagry
The Lagos State Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab, has unveiled plans to radically improve the waste management system in the state, at a Waste to Energy Summit themed, “Driving Environmental Sustainability”. The event, organised by…
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
NCDMB’s Obinna Ezeobi Bags PhD in Communications
One of the founding staff of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Obinna Joseph Ezeobi, on Friday, successfully defended his thesis that earned him a Doctorate Degree in Communication Studies at the University of Port Harcourt, Rivers…
From 20 to 7.5: Dangote, NNPC in Stalemate Over Refinery Equity Share – IPO on the Horizon
In a surprising twist to the Dangote Refinery saga, disclosures have been made that the supposed 20percent equity investment by NNPCL in the Refinery is actually 7.5percent. This disclosure was made by Aliko Dangote himself at a media briefing earlier…
PHOTO NEWS: Shell Top Management Staff on facility visit to Dangote Refinery
Photo: L-R: Head of Business Development, Shell Trading and Shipping Company (STASCO), Filippo Bof; Managing Director, The Shell Petroleum Development Company of Nigeria Limited and Country Chair, Shell Companies in Nigeria, Osagie Okunbor; President, Dangote Industries Limited, Aliko Dangote; Managing…
Dangote’s WTI Import Strategy: Nigeria’s High Cost of Crude Oil Grades, Profit Margin, and Freight Drove Dangote to Import Crude Oil from US
The high cost of Nigeria’s 35 crude oil grades including Bonga, Agbemi and others has been attributed as the reason why Dangote Refinery resorts to buying crude oil from the United States. Other factors attributable to Dangote Refinery going to…
