Baker Hughes, a global oil and gas conglomerate, has committed to investing in Nigerian refineries, as well as participating in the forthcoming bid round for marginal oil fields in Nigeria. Baker Hughes, headquartered in Houston, US, is one of the world’s largest oil field services companies operating in over 120 countries. Heineken Lokpobiri, Minister of […]Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber It would be an understatement to say Tanzania’s Songo Songo gas field has been good for the country and its citizens. Since 2004, the project’s output has been put to work to benefit the Tanzanian economy, its domestic energy supply, energy costs, employment numbers, and the environment. […]Read More
Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Krutoy, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, have met today to discuss cooperation in the gas industry. The two sides noted that Gazprom is a reliable supplier of Russian gas to Belarusian consumers. Gazprom Transgaz Belarus, a wholly-owned […]Read More
Nigeria’s Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo has announced that the Nigeria-Morocco Gas Pipeline project is expected to begin construction in 2024. The ambitious project, which aims to connect Nigeria’s vast gas reserves to the European market, is a significant step towards boosting Africa’s energy security and economic development. Ekpo made the […]Read More
Tinubu makes NNPC appointments, retains Kyari as GCEO By Abubakar Ibrahim President Bola Tinubu has appointed a new Board and Management team for the Nigerian National Petroleum Company (NNPC) Limited, made up of nine members. But, the President keeps Mele Kyari as the Group Chief Executive Officer of the state-owned oil company. The new Board of […]Read More
About 3,000 barrels of crude oil were lost to the November 15 oil spill from the offshore Egina Floating Production Storage and Offloading (FPSO) vessel of TotalEnergies. The FPSO, located 130 kilometres off the Atlantic coastline from Port Harcourt, the Rivers State capital, has the capacity to produce 200,000 barrels of crude daily and can […]Read More
Driven by concerns over energy security and the potential for harsher sanctions against Russian fuel exports, Japan’s government is urging its liquefied natural gas (LNG) importers to secure new long-term supply deals. The Ministry of Economy, Trade and Industry has been engaging with Japanese buyers and overseas suppliers to promote the signing of more extended […]Read More
In a move to secure its energy supply, Turkey has extended its existing liquefied natural gas (LNG) contract with Algeria for three years. The deal, finalized during Turkish President Tayyip Erdogan’s official visit to Algiers, ensures Turkey’s continued access to 4.4 billion cubic meters of LNG annually from its Algerian partner, Sonatrach. Under the deal […]Read More
Oman Liquefied Natural Gas (Oman LNG) has signed a nine-year agreement with British multinational oil and gas company BP to supply 1 million tons of liquefied natural gas (LNG) annually, starting in 2026. The deal, inked with Oman Liquefied Natural Gas, will last for nine years, the Oman News Agency reported. This agreement falls in line […]Read More
The Nigerian National Petroleum Company (NNPC) Limited is projecting a significant surge in its profitability, expecting a N2 trillion increase when the 2022 Audited Financial Statements (AFS) are released. Mele Kyari, NNPC Group Chief Executive Officer (GCEO), disclosed this information during a courtesy visit to Senate President Godswill Akpabio at the National Assembly in Abuja. […]Read More
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