Oil and Gas News

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector

...aims to attract $10 billion investment. In a move to further revitalise the oil and gas industry’s contribution to the…

2 years ago

FG Investigates NCDMB $500 Million Loans, Projects on Local Content

…Minister alleges mismanagement of over half a billion dollars on several projects and loans.…Task journalists to visit project sites of…

2 years ago

NUPRC, not delaying $1.3bn ExxonMobil assets deal

By Ibrahim Musa There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of Nigeria’s upstream oil…

2 years ago

PETAN deepens collaboration with NUPRC, pledges to boost Nigeria’s oil production

Petroleum Technology Association of Nigeria (PETAN) has assured the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and all stakeholders in the…

2 years ago

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),…

2 years ago

FG Ready to Collaborate with PETAN for Development of Nigeria’s Oil, Gas Sector

Worried about the dwindling oil production and the need to drive investment in the nation’s oil and gas sector, the…

2 years ago

Axxela takes FID on 50 MMSCF/D Gas Processing Plant

Axxela Limited, a leading gas and power portfolio company in Sub-Saharan Africa, announces that it has taken Final Investment Decision…

2 years ago

IVS Summit Unveils 2024 Conference Programme, Launches Oil and Gas Valve Report

...IVS - Industrial Valve Summit continues to grow, attracting the whole supply chain to Bergamo in a month's time. ...A…

2 years ago

Gas Supply, Purchase Agreement for Brass Methanol Project To Be Executed In May – Ekpo

The Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the Brass Methanol Project is…

2 years ago

10th Mozambique Mining and Energy Conference (MMEC) 2024: Partnerships for Prosperity

Maputo – The 10th Mozambique Mining and Energy Conference and Exhibition (MMEC) 2024 is poised to set new benchmarks in…

2 years ago

New Domestic Base Price for Gas: Impact on Power Sector, Commercial and Gas-based Industries

By Ndubuisi Micheal Obineme April 2nd, 2024 - The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) officially announced a…

2 years ago

Power Sector: President Tinubu Approves Debt Settlement for Gas-to-Power Arrears

By Ndubuisi Micheal Obineme ...Ekpo set to brief industry stakeholders on repayment plans. ABUJA - Nigerian President, Bola Tinubu has…

2 years ago

PETAN Resolves to Support Nigeria’s Oil and Gas Production Growth

...commits to Strengthening Partnership with NAEC. The Petroleum Technology Association of Nigeria (PETAN) has promised to support the efforts of…

2 years ago

Africa to Account for 6% of Global Upstream Investment By 2033 – Woodmac

By Ndubuisi Micheal Obineme …says accelerating upstream investment, developing gas resources, and support for independent operators are key in ensuring…

2 years ago

PETAN Elects New Executive Board, Ogunsanya Emerges as Chairman

…New Executives to Run for Two Years The Petroleum Technology Association of Nigeria, PETAN, has elected new executive members to…

2 years ago

TotalEnergies celebrates 100th anniversary of Company’s creation

TotalEnergies’ 100,000 employees in 120 countries worldwide are pleased and proud to celebrate the 100th anniversary of the Company’s creation.…

2 years ago

Rotterdam Puts Energy And Climate In Global Spotlight

Rotterdam - With the World Energy Congress to be held in Rotterdam from 22-25 April, the city is committed to…

2 years ago

Solution To Nigeria’s Economic Challenge Is In Petroleum Sector – Lokpobiri

The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has said that the Petroleum Sector in Nigeria had the…

2 years ago

QatarEnergy enters time charter agreements with Nakilat for the operation of 25 LNG vessels

DOHA, Qatar – QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of…

2 years ago

“Mozambique Opening New Opportunities for Oil and Gas Development, Tenders, R&D” – Tivane, ENH’s Local Content Director

Victor Tivane, the local content director of Empresa Nacional de Hidrocarbonetos (ENH) - Mozambique's state-owned hydrocarbon company, speaking in an…

2 years ago

Transparency, Research, Innovation, Driving NNPCL Transformation – Ogunleye

The Executive Vice President, Gas, Power and New Energy, Nigerian National Petroleum Company Ltd., Mr. Olalekan Ogunleye, has identified transparency,…

2 years ago

Zanzibar Launches its First Oil and Gas Licensing Round

20th March, 2024 - The Revolutionary Government of Zanzibar and Ministry of Blue Economy and Fisheries has successfully launched Zanzibar’s…

2 years ago

Submit Your Call for Abstracts for the 29th World Gas Conference (WGC2025) in Beijing, China

London/Beijing, 21 March 2024 – The 29th World Gas Conference (WGC2025) is thrilled to extend an invitation to industry experts,…

2 years ago

NNPC Will Use Gas to Trigger Nigeria’s Industrialisation, Economic Development – Eyesan

The Nigerian National Petroleum Company (NNPC) Ltd. has reiterated its commitment towards utilising Nigeria’s abundant gas resources to trigger Nigeria’s…

2 years ago

CERAWeek: Kyari Calls for Differentiated Energy Transition for Africa

…Says FID on Nigeria-Morocco Gas Pipeline to be Taken in DecemberAs global calls for transition to cleaner energy fuels continue…

2 years ago

African Energy Chamber Appoints Simbi Wabote, Two Others to Advisory Board

...Simbi Wabote, Benoit de la Fouchadiere, and John Ngunjiri are set to enhance the expertise of the Advisory Board, bringing…

2 years ago

NGA Confident Nigeria’s Gas Investment Policies Set to Ignite Sustainable Energy Future

Lagos, Nigeria - The Nigerian Gas Association (NGA) extends its profound commendation to the Federal Government for the recent Gazetting…

2 years ago

NNPC GCEO Kyari Highlights Energy Security’s Role in Wealth Creation

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari, says no public…

2 years ago

Energy Transition: Kyari Joins Global Energy Leaders at CERAWeek 2024

The NNPC Ltd will be at the 2024 CERAWeek Conference scheduled to hold in Houston, United States from 18th to…

2 years ago

Nigeria: Senate disowns fraud report in refineries’ rehabilitation

...As Kyari Reassures Nigerians Delivery Schedule IntactThe Senate has dismissed media reports claiming that it will expose all “frauds associated…

2 years ago