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Golden Energy secures new platform supplier contract from Shell Nigeria

Golden Energy secures new platform supplier contract from Shell Nigeria

Golden Energy Offshore (GEO) said on Monday that the Energy Scout PSV had entered into a spot contract with Shell Nigeria Exploration and Production Company (SNEPCO) on January 19, 2019. According to the company, the Energy Scout vessel remained on the contract with SNEPCO until recently. GEO now entered into a new medium-term contract with… READ MORE

Africa’s gas reserves hit 614trn cubic feet

Africa’s gas reserves hit 614trn cubic feet

Africa’s huge gas reserves currently stood at about 614 trillion cubic feet, even as Nigeria had the continent’s largest reserves with 199 trillion cubic feet , Algeria (159 trillion cubic feet) and Mozambique (100 trillion cubic feet) occupying the second and third positions respectively, the Group Managing Director of the Nigerian National Petroleum Corporation, Dr.Maikanti… READ MORE

Sahara Group is  looking to acquire Total’s stakes in Three African Refineries

Sahara Group is looking to acquire Total’s stakes in Three African Refineries

Privately owned Sahara Group is looking to significantly increase its interests in Africa’s refining sector to take advantage of its trading of refined products in the continent, its executive director said Monday. “The market has changed now. From your traditional typical trading [house], now you have to invest in infrastructure and provide some sort finance,”… READ MORE

Manufacturers yearn for energy, tax, port reforms in Buhari’s second term

Manufacturers yearn for energy, tax, port reforms in Buhari’s second term

A major regret of President Muhammadu Buhari when he first came to power in 2015 was that Nigeria was importing virtually everything from toothpick to tomatoes. He then promised to change the narrative and make the country one of Africa’s biggest manufacturers. “We are determined to change Nigeria from a consumer nation to a producing… READ MORE

AFRICAN ENERGY CHAMBER ENDORSES NIGERIA PETROLEUM SUMMIT 2019

AFRICAN ENERGY CHAMBER ENDORSES NIGERIA PETROLEUM SUMMIT 2019

The African Energy Chamber (EnergyChamber.org) has announced its endorsement of the Nigeria International Petroleum Summit (NIPS) (NigeriaPetroleumSummit.com), which will take place at the Abuja International Conference Centre on January 27-30, 2019. The members of this Energy chamber, which include the majority of the international oil companies (IOCs), services companies and many African players will be in… READ MORE

NNPC to aggressively grow LPG consumption across Nigeria

NNPC to aggressively grow LPG consumption across Nigeria

In a statement issued by NNPC spokesman, Mr Ndu Ughamadu, in Abuja, the Group Managing Director of the NNPC, Dr Maikanti Baru, expressed the Corporation’s commitment to aggressively growing local consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas while speaking at the opening ceremony of the Eighth Annual NLPGA Conference and Exhibition…. READ MORE

International Volunteer Day 5 December

International Volunteer Day 5 December

International Volunteer Day (IVD) mandated by the UN General Assembly, is held each year on 5 December. It is viewed as a unique chance for volunteers and organizations to celebrate their efforts, to share their values, and to promote their work among their communities, non-governmental organizations (NGOs), United Nations agencies, government authorities and the private sector…. READ MORE

The Use of Liquefied Petroleum Gas in Cooking in Countries

The Use of Liquefied Petroleum Gas in Cooking in Countries

To reduce household air pollution, improve health outcomes, save nonrenewable biomass, and support local economic development, developing countries are seeking to increase the use of liquefied petroleum gas (LPG) as a clean cooking solution. In the absence of targeted subsidies, LPG will not be the solution for the world’s poorest people. But many developing countries,… READ MORE

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