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)…
German passenger rail service hit by strikes, construction and storms
Germany’s state-owned rail company Deutsche Bahn (DB) is blaming strikes, construction work and storms for a poor punctuality record in the first half of this year, with just 62.7% of long-distance trains arriving without major delay. “The massive strikes, country-wide…
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…
Construction of land-based wind power slows in Germany
Construction of land-based wind power in Germany slowed in the first half of this year, the BWE wind energy association reported on Thursday. A total of 250 new turbines were built with an output of 1.3 gigawatts, 19% down on…
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…
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…
