business

Beirut Explosion: Chevron Pledges $1 Million for Lebanese Red Cross

SAN RAMON, Calif.---- Chevron Corporation has announced a contribution of $1 million to the Lebanese Red Cross, in support of…

5 years ago

Uganda’s Albertine Graben Open for Investment – Peninah

By Ndubuisi Micheal Obineme Peninah Aheebwa, Director of Technical Support Services Petroleum Authority, Uganda, has said that the Albertine Graben…

5 years ago

Huawei: 7 technologies that are reshaping oil & gas companies

The COVID-19 pandemic has triggered the use of digital technologies in the oil and gas companies globally. The virus has…

5 years ago

COVID-19: Equatorial Guinea Continues Proactive Industry Engagement to Support the Oil Sector

MALABO, Equatorial Guinea, -- In order to maintain the engagement with the oil sector of Equatorial Guinea in light of…

5 years ago

Germany to Ramp Up Investment in Africa’s Energy Sector

An exclusive webinar explored the market dynamics set to shape post-COVID-19 German-African business relations. JOHANNESBURG, South Africa, -- “Germany-Africa Economic…

5 years ago

Gov Sanwo-Olu Promises Quick Resolution for Apapa-Tin Can, Other Roads

By Ndubuisi Micheal Obineme Lagos State Governor Babajide Olusola Sanwo-Olu has said that the unabating gridlock caused by the trucks…

5 years ago

Labacorp Energy set to unlocking Cameroon’s Potential in Energy Sector – Bako Ambianda

Bako Ambianda, is a Cameroonian, Founder, Chairman and CEO, Labacorp Group of Companies. He is also the CEO of Labacorp…

5 years ago

Cameroon Launches Exploration Opportunities in two Producing Basins

By Ndubuisi Micheal Obineme Within its mandate to promote and valorise hydrocarbon resources in the mining property of the Republic…

5 years ago

PIB Will Come Out With A Lot Of Sweetness Later This Year – Chief Sylva

By Ndubuisi Micheal Obineme Chief Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, has said that the country is…

5 years ago

Total finalizes Sale of Non-Core UK Assets to NEO Energy

Paris, – Following the regulatory approvals and the agreement of partners, Total closed the sale of UK North Sea non-core…

5 years ago

Regional Integration Key To Develop Africa Post COVID-19 – NCDMB

The Nigerian Content Development and Monitoring Board, NCDMB, has said that regional integration should be embraced in Africa as it…

5 years ago

Schneider Electric decorates long-standing distributor

As part of its periodic appraisal and reward for outstanding activities of its distributors nationwide, Schneider Electric has decorated Alhaji…

5 years ago

AKK Project for Sustainable Economic Growth – President Buhari

President Muhammadu Buhari has said that delivery of the 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is part of his Administration’s…

5 years ago

AKK Project: President Buhari Shown Dedication to Local Content Development – Oilserv Chairman

The Chairman and Chief Executive Officer (CEO) of Oilserv Limited, Engr. Emeka Okwuosa has said that President Mohammadu Buhari has…

5 years ago

Oilserv to Absorb 3,000 Workers in AKK Project

As President Mohammadu Buhari perform the flag off ceremony of the 40-inch x 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project, Oilserv…

5 years ago

President Buhari Flags-off Construction of 614km Ajaokuta-Kaduna-Kano Gas Pipeline

The Federal Government’s aspiration to boost domestic utilisation of gas in Nigeria will receive a boost tomorrow as President Muhammadu…

5 years ago

Flag Off of $2.8 Billion AKK Project 95 Percent Ready – Oilserv

Oilserv Limited, one of the companies handling the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline, has said that the preparation for…

5 years ago

Manufacturing Holds Key to Recovery of Oil and Gas Markets, Expert says

Abu Dhabi, UAE – A revival in manufacturing across the world holds the key to the mid-term recovery of oil…

5 years ago

Nigeria Targets $10 Per Barrel Cost of Production by 2021

The Federal Government of Nigeria has made its intention to fix the Unit Operating Cost (UOC) of producing crude oil…

5 years ago

Nigeria reaffirms Commitment to Comply with OPEC+ Production Agreement

Following the conclusion of the OPEC and non-OPEC meeting held on June 6th, 2020, Nigeria has reconfirmed its commitment to…

5 years ago

OPEC Calls on Oil Producers to Adhere to Production Adjustment

The 11th OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Saturday, 06 June 2020, under the Chairmanship of…

5 years ago

OPEC+ Extends First Phase Production Adjustment till July 2020

The 179th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held via videoconference, on…

5 years ago

Liberia auctions oil blocks online due to Coronavirus outbreak

The Liberian Government is seeking interest from companies on participating in the offshore license round, which was open since April…

5 years ago

Total enters into a giant offshore wind farm project in Scottish North Sea

Paris, – Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1…

5 years ago

Chief Sylva clears air, denies reports that Nigeria is yet to comply with OPEC+ Production Cut

The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, has cleared the air on media reports that Nigeria…

5 years ago

President Buhari Says Nigeria will Support Adesina for his Re-election as AFDB President

President Muhammadu Buhari has said that Nigeria will stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected…

5 years ago

DPR Launches 2020 Marginal Fields Bid Round

By Ndubuisi Micheal Obineme Victoria Island, Lagos - The Department of Petroleum Resources (DPR), on behalf of the Federal Government…

5 years ago

Templars Provides Innovative Financing Framework for NLNG’s Train 7 Project

By Olagbaju Adefemi Jackson Lagos, NIGERIA, -- Nigeria LNG Limited (NLNG) has secured $3 billion for the development of its…

5 years ago

Future Maritime Leaders Essay Competition – APPLY NOW

The Future Maritime Leaders essay competition calls on aspiring decision-makers and opinion-shapers to add their perspective to the discussion on…

5 years ago

Total Announces Approval of New Resolutions Proposed By Shareholders

Paris, May 29, 2020 – Total's Shareholders’ Meeting was held as a closed session at the Company’s headquarter, on May…

5 years ago