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CATEGORY

Energy Transition

Energy transition to fuel oil divestments in Nigeria, others – Report

Jul 6, 2021 The global transition to cleaner energy will drive sales of oil and gas assets in Nigeria and other sub-Saharan African countries, a...

Brent Crude Trades Slightly Lower At $75.7 Per Barrel

Brent Crude futures were slightly lower at $75.7 per barrel on Friday, still remaining close to their highest level since October, 1981. OPEC+ Ministers postponed ...

Osinbajo Flags Off LPG Expansion Campaign In 12 States

FEATUREDLATEST NEWSOIL & GASBy Chidi Ugwu Last Updated Jun 22, 2021 ABUJA – Vice President Yemi Osinbajo on Tuesday flagged off a two-day national Liquified Petroleum Gas (LPG) sensitisation...

Chevron, consortium of Total and Qatar Petroleum win Suriname oil bids

PARAMARIBO, June 18 (Reuters) - Suriname's state oil company Staatsolie said on Friday that Chevron Corp (CVX.N) and a consortium of France's TotalEnergies SE (TOTF.PA) and Qatar Petroleum...

OVH Energy Marketing Limited Highlights the Significance of Natural Gas in Balancing The Energy Sector

Middle, Huub Stokman, CEO OVH Energy Marketing Limited The 4th Annual Nigeria Petroleum Summit, (NIPS) kicked off on Sunday, 6th June 2021. The summit which...

Savannah Energy seeks acquisition of Exxonmobil’s upstream assets

Savannah Energy Plc, is advancing discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in...

7,000 OIL RESERVES DISCOVERED, ONLY 1,700 PRODUCING – FG

The Federal Government on Monday disclosed that out of 7,000 oil reserves that have been discovered in the country, only 1,700 of the reserves...

Exxon walks away from stake in deepwater Ghana block

By EKOW DONTOH on 6/1/2021 Key Ghana offshore blocks. Map © Petroleum Economist. (Bloomberg) --Exxon Mobil is pulling out of a deep-water oil prospect in Ghana just two years...

Zenith Energy Enters Loan Agreement for Tunisian Development

Zenith Energy Ltd.  has announced that it has entered into a loan agreement with Winance, a Dubai registered single-family office, for a total amount of EUR...

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