The 2023 edition of the biggest gathering of energy stakeholders and policymakers on the continent, African Energy Week (AEW) – organized by the African Energy Chamber (http://www.EnergyChamber.org) – featured a country spotlight roundtable on Angola, showcasing the country’s abundant reserves and favorable business environment.
To chart Nigeria’s path towards net zero energy by 2060, the Nigeria Energy Transition Plan was launched in August 2022.
Maggy Shino, the Petroleum Commissioner of Namibia’s Ministry of Mines and Energy, provided a comprehensive update on the nation’s oil and gas sector during a workshop session at African Energy Week (AEW) 2023 organized by the African Energy Chamber
Malaysia-based Yinson Production Pte Ltd (YP) and Azule Energy are piloting an offshore carbon capture and storage (CCS) plant on floating, production, storage, and offloading (FPSO) Agogo in Angola.
Marathon Oil Corp. (MRO) said that through its wholly-owned subsidiaries it has reached a five-year firm LNG sales agreement with Glencore Energy UK Ltd, a subsidiary of Glencore Plc (GLEN), for a portion of its equity natural gas produced from the Alba Field (Alba Unit, MRO 64% working interest) in Equatorial Guinea, effective January 1, 2024.
Cape Town: Former President Olusegun Obasanjo, yesterday, urged the developed economies to work towards making energy transition process just and fair to Nigeria and other African countries.
Cape Town: Former President Olusegun Obasanjo, yesterday, urged the developed economies to work towards making energy transition process just and fair to Nigeria and other African countries.
A Delta State High Court sitting at Orerokpe in Okpe Local Government Area of the state has dismissed a motion seeking to join the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as a defendant in a suit challenging the authority of Opeans Nigeria Limited to issue American Petroleum Institute (API) and Veriforce BOSIET certificates.
The Public Interest and Accountability Committee (PIAC) is advising the government to promote a very business-friendly regulatory environment in the upstream petroleum sector to attract foreign investors.
Oil rebounded on Thursday, with Brent crude topping US$93 a barrel for the first time this year, as expectations of a tighter supply outlook for the rest of 2023 overshadowed concerns over weaker economic growth and rising U.S. inventories.