Oil and Gas News

OPEC Secretary General Delivers Keynote Speech at Nigeria’s Official Oil & Gas Event, NIPS 2018

Keynote address delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the Nigeria International Petroleum Summit, 19 February 2018, Abuja, Nigeria.…

8 years ago

NIPS2018: Kachikwu lists new challenges for oil companies to facilitate power, jobs, others

By Ayobami Adedinni The Minister for State for Petroleum, Ibe Kachikwu has challenged the oil producing companies to face the…

8 years ago

Energy is central to sustainable development, one of the priorities of the G20 – Mauricio Macri, Argentina President

President of Argentina has stressed the importance of renewable energies, focus area energy transitions G20. President of Argentina, Mauricio Macri,…

8 years ago

Report: 770 million euros more needed for Berlin’s new airport

Berlin  - The scandal-plagued Berlin Brandenburg Airport (BER) project will need an additional 770 million euros before take-off, public broadcaster…

8 years ago

Total, Borealis and NOVA Chemicals Forms a joint Venture

Paris/Vienne/Calgary – Total S.A., Borealis AG  and NOVA Chemicals Corporation has officially announced that affiliates of the three companies have…

8 years ago

NIPS 2018: NNPC Calls for Collaboration among African Countries in Oil Sector

The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas…

8 years ago

Wood wins multi-million dollar five-year contract in Saudi Arabia

Wood has secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one of its…

8 years ago

DEA boosts oil and gas production in Egypt

DEA Deutsche Erdoel AG announces a significant increase of production from its oil fields in the Gulf of Suez and…

8 years ago

GE to Increase Output and Reliability of SPDC’s Afam VI plant in Nigeria

GE’s Services Agreement to Provide Total Plant Solutions for the 650MW Afam VI Combined-Cycle Plant GE’s MXL2 Upgrade Will Add…

8 years ago

BMW sales lag those of Mercedes and Audi in January

Munich  - Upmarket German carmaker BMW aims to regain the sales top spot that it ceded to rival Mercedes in…

8 years ago

Frankfurt sees strong rise in flights and passengers in January

Frankfurt  - Almost 4.6 million passengers passed through Germany's largest airport near Frankfurt in January, up 7.6 per cent on…

8 years ago

Nigeria must be Gas-ready for the future — NLNG MD

By Ayobami Adedinni   The Managing Director of Nigeria LNG Limited (NLNG), Tony Attah, at the 2nd West Africa International…

8 years ago

Aker Solutions to Deliver Modules for Johan Castberg FPSO

Aker Solutions will as a subcontractor of Kvaerner deliver modules for the floating production, storage and offloading (FPSO) vessel for…

8 years ago

Dangote refinery engineers promise to end fuel scarcity in Nigeria

The engineers described their experience as second to none in the history of Nigeria oil and gas sector LAGOS, Nigeria,…

8 years ago

Volkswagen cars see increased deliveries in January

Wolfsburg, Germany  - VW cars, the core brand of the Volkswagen Group, recorded deliveries of 533,500 cars in January, 7.1…

8 years ago

Total strengthens its position in the Mediterranean region

Paris - Total-led international consortium (Total 40%, ENI 40%, Novatek 20%) and the government of Lebanon have signed two Exploration and…

8 years ago

Lufthansa kicks off 2018 with more passengers

Frankfurt  - Germany's national carrier Lufthansa profited from the bankruptcy of rival Air Berlin by transporting more passengers and cargo…

8 years ago

Nigeria’s power generation to rise by 20% in 2035 – Austin Avuru, Seplat CEO

By Ebenezer Adaramodu   With the generation of power crucial to the nation’s economy, the share of it is set…

8 years ago

Kaspersky Lab uncovers vulnerabilities that make gas stations exposed for hackers

Kaspersky Lab experts found the controller during unrelated research into devices with open connections to the internet LAGOS, Nigeria,  --…

8 years ago

OTC Names 2018 Distinguished Achievement Award Recipients

By Alam Johnpaul Ifeanyi The 2018 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday,…

8 years ago

NNPC Mulls PPP Arrangements for Construction of Oil, Gas Pipelines

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged the new Board of…

8 years ago

YWCPA Selected for OTC Distinguished Achievement Awards Luncheon 2018

By Alam Johnpaul Ifeanyi The Offshore Technology Conference (OTC) announces the 2018 beneficiary of the OTC Distinguished Achievement Awards Luncheon:…

8 years ago

Collaboration, key to Nigerian Maritime sector’s success- DG, NIMASA

By Ndubuisi Micheal Obineme Collaboration between stakeholders has been described by the Director General, Nigerian Maritime Administration and Safety Agency,…

8 years ago

Total acquires two exploration licenses offshore Guyana

Paris, — Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the…

8 years ago

Nigeria’s oil industry records a new milestone as Total’s Egina arrives in Lagos

The Nigerian National Petroleum Corporation, NNPC, Total Upstream Nigeria Limited, TUPNI and her partners happily announce the arrival of the…

8 years ago

ExxonMobil Earns $19.7 Billion in 2017; $8.4 Billion in Fourth Quarter

Net favorable non-cash impacts in the fourth quarter total $4.6 billion, including $5.9 billion relating to U.S. tax reform, partially…

8 years ago

Suncor Energy implements autonomous haul trucks in the oil sands

CALGARY, ALBERTA-- - Suncor Energy has officially announced it will proceed with the phased implementation of autonomous haulage systems (AHS)…

8 years ago

Industry leaders and expert to lead discussions at WAIPEC 2018 in Lagos

Chevron, NNPC, Seplat, ExxonMobil and TOTAL amongst leading organisations to feature on the Agenda The Petroleum Technology Association of Nigeria…

8 years ago

Lukoil Cumulative Oil Production in Russia Exceeds Two Billion Tonnes

LUKOIL's cumulative production of oil in Russia has exceeded two billion tonnes. The company's Russian projects produced jointly no less…

8 years ago

Shell wins nine exploration blocks in Mexico deep-water bid round

In today’s deep-water bid round for the Mexican Gulf of Mexico, Shell Exploración y Extracción de México, S.A. de C.V., (“Shell”)…

8 years ago