BP invests in new artificial intelligence technology
BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence…
Author
3566 posts 0 comments
ABB powers electric transportation in Switzerland
Davos, Switzerland - ABB powers first e-shuttle to annual meeting of 2019 World Economic Forum in Davos which took place from…
Marsh Bellofram Acquires Lowery Well Heads and EZ Flow Control/Talco
...Boosts offering to oil and gas industry
Newell, W.Va.— Recent acquisitions are enabling Marsh Bellofram to round out its…
Survey says US oil and gas firms are ready to spend as confidence grows
By Kalu Emmanuel Chidubem
Executives in the U.S. oil and gas industry are said to be much more
optimistic about growth in the…
First tanker of Indy fuel leaves MPC refinery
On January 14th 2019, the first truck of Indy fuel was loaded out of MPC's Catlettsburg refinery. “We are excited to be a part of…
New global alliance commits over $1.0 billion to end plastic waste in the environment
Sets goal of investing $1.5 billion USD
An alliance of global companies from the plastics and consumer goods
value chain…
Shell appoint Wael Sawan as new Upstream Director
Royal Dutch Shell plc has officially announced the appointment of Wael Sawan as Upstream Director with effect from 1st July 2019.…
BelGAS CP P5300 Series Back Pressure Regulator
NACE-MRO175 construction, 300 psi max pressure, 100% interchangeability
Newell, W.Va.—The BelGAS CP P5300 Series back…
African Energy Chamber Congratulates Equatorial Guinea on Setting Up One-Stop Shop for Investors and…
The government does recognize it has an enormous task of fostering an environment where investors and small and medium…
COP24: World Bank pledges $200bn for low-carbon projects
By Kalu Emmanuel Chidubem
The World Bank has today promised to double its investment plans for low-carbon projects to $200bn…
African Energy Chamber urges oil producers to support OPEC’s efforts on stabilizing the oil markets
The Chamber urges African producing nations, both those that are Organization of the Petroleum Exporting Countries (OPEC) members…
G20 Leaders’ Summit kicks off in Argentina
Over two days, heads of State and Government from the world’s leading economies will address some of the most pressing issues on…
Naviera Integral signs contract with Damen for its 15th Fast Crew Supplier FCS 5009
Leading Mexican offshore contractor Naviera Integral has signed a contract with the Damen Shipyards Group for the delivery of a…
Société Nouvelle signs contract with Damen Shipyards Group
Damen Shipyards Group has recently signed a contract with Société de Remorquage et de Travaux Maritimes (SNRTM) for the delivery…
Benin, Burundi, others made significant progress in de-risking renewable energy projects
In 2018, Benin, Burundi, Malawi, Uganda and Zambia made significant progress in de-risking renewable energy projects in their…
Mexico E&P: aiming high, but growth unlikely to materialize
Mexico’s production has been following a declining trend, which is not expected to be reversed before at least 2025. Despite high…
Wabote Bags Fellowship Award for Engineering Excellence
Engr. Simbi Kesiye Wabote, Executive Secretary, Nigerian Content Development and Monitoring Board was on Thursday in Port…
Equatorial Guinea congratulates TechnipFMC and Schlumberger on local content compliance
The announcement follows the decision, earlier this week, to cancel all contracts awarded to international oil services firm…
Industry Players Set Agenda at Sustainable Ocean Summit 2018
The 6th Sustainable Ocean Summit just ended after three tremendous days in Hong Kong. As Maisie Cheng, Director of Marine, Hong…
AFDB allocates $150m to fund electrification projects in Nigeria
By Ndubuisi Micheal Obineme
The African Development Bank Group (AFDB) have allocated $150 million to the Nigerian Government in…
Innovative thinking needed to finance renewable energy sector – Executive Secretary, REAN
As the conversation around clean and affordable energy gathers more interest, access to finance is one of the major limitations to…
Buenos Aires set to host G20 World Leaders in November 2018
On 30 November and 1 December, leading heads of State and Government from around the world will meet in Buenos Aires to take part…
Total signs MOU with Papua New Guinea on LNG Project
Port Moresby – Total and its partners ExxonMobil and Oil Search have signed a Memorandum of Understanding (MoU) with the…
Explorationists say Nigeria cannot attain 40bn barrels oil reserve – NAPE
The absence of fiscal policy will continue to retard investments flow in Nigeria’s oil and gas industry, such that attainment of…
Damen hands over four FCS 2610 vessels to Allianz at ADIPEC 2018
Damen Shipyards Group has handed over four new Fast Crew Suppliers (FCS) 2610 to Allianz Middle East Ship Management. The handover…
Angola Joins The Gas Exporting Countries Forum (GECF)
The African Energy Chamber congratulates Angola on becoming the sixth African country to join the Gas Exporting Countries Forum…
Ryan Ward: Nigeria is Canada’s largest trading partner in Sub-Saharan Africa
By Ndubuisi Micheal Obineme
Ryan Ward, Deputy High Commissioner of Canada in Nigeria, based in Lagos, has said that Nigeria is…
FCMB targets 100% Clean Energy, Launches SEFI Workshop for SMEs
By Ndubuisi Micheal Obineme
First City Monument Bank, (FCMB) has restated its commitment to Renewable Energy projects financing…
Frankfurt Airport ups Q3 profit by 16 per cent despite summer woes
Frankfurt - Despite a summer of cancellations and delays, Frankfurt Airport's operator Fraport announced a 16-per-cent…
Africa Oil Week 2018 explores the financial opportunities in the African oil and gas market
CAPE TOWN, South Africa, -- Africa Oil Week – the leading event dedicated to the African oil and gas industry hosted a live…