business

APICORP financial results grows from $96 to $112 million in one year

...Net recurring income increased by 17% between 2018 to 2019 from USD 96 million to USD 112 million DAMMAM, Kingdom…

6 years ago

South Sudan joins OPEC, Russia, and Saudi Arabia to stabilise the Oil Market

Along with other African producing countries, South Sudan has been a key supporter of the Declaration of Cooperation and OPEC+…

6 years ago

OPEC+ slashes production, saves Oil Industry from collapse

Up to 20 million barrels of oil per day could come off the market in combined efforts CAPE TOWN, South…

6 years ago

Nigeria will start producing 1.412 to 1.579 million bpd, says minister

By Ndubuisi Micheal Obineme Following the recent OPEC meeting to curtail production, Nigeria's Minister of State for Petroleum Resources, Chief…

6 years ago

G20 backs OPEC+, But Deal in Jeopardy as Mexico Refuses Cuts

... Mexico is the lone holdout in a global deal to save the oil and gas industry. US set to…

6 years ago

FDG Holdings Becomes a Bronze Sponsor of ATIGS Dubai 2020

DUBAI, UAE – Leading Africa business development company, ATIGS Group is proud to announce FDG Holdings as Bronze Sponsor for…

6 years ago

Nigeria, OPEC+ Join Forces to Stabilise Global Oil Markets

By Ndubuisi Micheal Obineme Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to rebalance…

6 years ago

OPEC+ agrees to cut down production by 10 million bpd in May 2020

The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries led by Russia, have agreed to cut down production by…

6 years ago

COVID-19: Afrika Umoja, AOP collaborates to build hospitals in Africa

CAPE TOWN, South Africa, -- A Cape Town-based exhibition builder, together with an event organizer, offers to work with governments…

6 years ago

President Lourenço Re-Appoints Diamantino Pedro Azevedo as Mineral, Petroleum Minister in Angola

LUANDA, Angola - The Angolan and African energy industry has welcomed the reappointment of Diamantino Pedro Azevedo as Minister of…

6 years ago

FG, UBA, others remain committed, contributes billions to fight Coronavirus in Nigeria

By Ndubuisi Micheal Obineme Following the outbreak of COVID-19 also known as Coronavirus in Nigeria on 27th February 2020, the…

6 years ago

Bako Ambianda Launches Quarantine And Read Challenge

HOUSTON, TEXAS, USA – The President of Bako Ambianda International, LLC (BAI), an international professional and personal development company, have…

6 years ago

West African Countries among the most hard-hit amid Covid-19 and low oil price, report says

According to African Energy Chamber analyses, Angola, Senegal, Cameroon, Ghana, and Nigeria are among the most hard-hit amid COVID-19 pandemic…

6 years ago

Concordia Damen to build new training vessel for STC Group

Following a competitive European tender process, Concordia Damen has been nominated to build a new training vessel for the STC…

6 years ago

Prominent African business executives, investors to meet at ATIGS 2020

By Olufowokan Oludotun Oyejola Prominent African and international business executives and investors to explore business opportunities at the Africa Trade…

6 years ago

Bako Ambianda Makes 2020 Forbes Africa 30 Under 30 List

By Ndubuisi Micheal Obineme Forbes Africa has formerly announced it’s annual “30 Under 30” list, featuring 30 young entrepreneurs, leaders…

6 years ago

NCDMB Sets New Target for NOGOF 2021

By Ndubuisi Micheal Obineme The maiden edition of the Nigerian Oil & Gas Opportunity Fair (NOGOF) was held in 2017…

6 years ago

NNPC to Double Nigeria’s Domestic Gas Supply, Export Fuel by 2023

The Nigerian National Petroleum Corporation (NNPC) has officially announced that it will expand its domestic gas footprint with the delivery…

6 years ago

NLNG to increase domestic supply of LPG to 350,000MT in 2020

The Nigeria LNG Limited has said it supplied 275,000MT of Liquefied Petroleum Gas (LPG) to the domestic market in 2019.…

6 years ago

Oil and Gas as an Enabler for Economic Transformation in Sub-Saharan Africa

By Ndubuisi Micheal Obineme Petroleum Technology Association of Nigeria (PETAN), and Global Event Partners (GEP), has made it possible for…

6 years ago

Total Service Station Goes Beyond Petroleum Products

By Ndubuisi Micheal Obineme Total is one of the largest international oil and gas companies in the world involved in…

6 years ago

Digital Transformation Conference Focused on Change Management Strategies Launches

A major priority in Upstream Oil & Gas right now is Digital transformation, with an estimated $1 trillion in potential…

6 years ago

Temitayo: Nigerian Petroleum Engineering Student Thriving at Louisiana State University

Temitayo is a Petroleum Engineering Student at Louisiana State University in the United States of America. Louisiana State University is…

6 years ago

Germany Boost Support for Energy Transition, Set to Host BETD 2020

By Ndubuisi Micheal Obineme Today, over 20 years after reunification, The Federal Republic of Germany is making giant strides to…

6 years ago

Nigerian Student from LSU looks to bring New Innovations in Africa’s, Oil, Gas Sector

By Ndubuisi Micheal Obineme Temitayo, a Petroleum Engineering student from Louisiana State University, is working with Progressive Global Growth, PGG,…

6 years ago

President Trump names US ambassador to Germany as acting intelligence head

Washington (DPA) - US President Donald Trump named Richard Grenell, the current ambassador to Germany and a fierce Trump loyalist, as his…

6 years ago

Industry players call for more collaboration between African countries

By Ndubuisi Micheal Obineme For a very long time, the oil and gas industry has continued to be a fast…

6 years ago

UDT EU Conference to Unveil Strategies on Digital Transformation in Upstream Oil and Gas in London

Digital Transformation is a top priority in upstream oil & gas with $1tn of potential efficiencies on offer. Key to…

6 years ago

Germany to Formulate ”A Green Deal with Africa” at German-African Energy Forum 2020 in Hamburg

The must-attend event for your energy business — one of the fastest-growing sectors in Africa The 14th German-African Energy Forum…

6 years ago

Paris Agreement & Climate Change: The progress, the challenges, and the solutions

By Ndubuisi Micheal Obineme Over 3 years after the signing of the Paris Agreement that involved 196 states plus the…

6 years ago