Recognizing the vast potential of its untapped hydrocarbon reserves to drive economic growth while supplying the global energy demand, Sierra Leone is accelerating oil and gas exploration Foday Mansaray II, Director General of the Petroleum Directorate of Sierra Leone,…
Energy
Lokpobiri, Oil Minister, Accuses NCDMB’s Ex-CEO, Wabote, of $500 Million diversion to Private Enterprises and Investments
The Minister of State for Petroleum Resources, Heineken Lokpobiri has accused the Nigeria Content Development and Monitoring Board (NCDMB) of diverting $500 million of the industry’s fund into equity investments in private enterprises and investments when Engr. Simbi Wabote was…
Axxela Announces Final Investment Decision (FID) to develop a 50 MMSCF/D Gas Processing Plant
Axxela Limited, a leading gas and power portfolio company in Sub-Saharan Africa, have announced that it has taken a Final Investment Decision (FID) for the development of a gas processing plant situated in OML 56, Delta State, South-South Nigeria. This…
We ‘ll demystify cost of oil and gas production In Nigeria – Petan Chairman
Presents NNPCL GCEO With PETAN’s Excellence Award for the Frontier Basin Exploration Initiative The Petroleum Technology Association of Nigeria (PETAN), Chairman, Engr. Wole Ogunsanya has assured that the group will demystify the cost of oil and gas production in…
Trina Storage and Pacific Green sign Letter of Intent of 1500 MWh energy storage system at WFES
At the World Future Energy Summit held in Abu Dhabi in the United Arab Emirates from April 16 to 18 the global energy storage and technology companies, Trina Storage and Pacific Green, had signed a letter of intent relating to…
Milestone Reached in South Sudan Block B2 Petroleum Exploration Campaign
South Africa’s SFF briefs South Sudan national oil company Nilepet on progress in aerial exploration and environmental survey as South African President visits Juba South Africa’s state-owned petroleum company the Strategic Fuel Fund (SFF) yesterday met officially with South Sudan’s…
PETAN deepens collaboration with NUPRC; pledges to boost Nigeria’s oil production
The Petroleum Technology Association of Nigeria (PETAN) has assured the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and all stakeholders in the oil and gas sector that its members with decades of experience in the industry, have all the equipment required…
NNPC Ltd, First E&P Achieve 20,000bpd Production at OML 85
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field. Production from the…
Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
Utilities for Net Zero Alliance members announce action plan at IRENA Assembly, focused on increasing speed of grid investment and development Today, the Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total…
Africa’s Downstream Opportunities Take the Forefront as African Refiners and Distributors Association (ARDA) Executive Secretary Joins African Energy Week (AEW) 2024
AEW: Invest in African Energy will streamline investment towards Africa’s downstream industry as countries move to make energy poverty history by 2030 The Executive Secretary of the African Refiners and Distributors Association (ARDA), Anibor Kragha, will speak at the…
