Poland is demanding expanded gas exports from Nigeria to help the country maintain energy security amid the current crisis in the European Union. Polish President Andrzej Duda made the demand on Tuesday after meeting with President Muhammadu Buhari. “The first…
Italian energy major Eni announced a major oil and gas discovery offshore Ivory Coast, in a block it operates with Petroci Holding. The potential of the discovery has been preliminarily estimated at between 1.5 and 2.0 billion barrels of oil…
…To begin disbursement of $40m Women Fund The Nigerian Content Development and Monitoring Board (NCDMB)has announced plans to set a minimum percentage of females that must be included in any human capacity development (HCD) programme or initiative that it will…
The Technical Adviser, Gas Business and Policy Implementation to the Minister of State for Petroleum Resources, Mr Justice Derefaka has stressed the need for training and retraining of oil and gas professionals in the country. Derefaka said this is the…
By Uthman Salami The energy group, Eni said during the week that it had lifted a force majeure on gas exports from Nigeria’s Okaka in Bayelsa state after repairing a vandalised pipeline. Eni declared force majeure on April 6 after…
Germany will face a steep recession if there is a stop to imports or delivery of Russian gas and oil, a top German bank lobby warned on Monday. Europe’s largest economy is heavily dependent upon Russia for energy, and nations’…
Africa Oil has disclosed receiving a dividend from Prime Oil and Gas Cooperatief UA from its 50% shareholding in Prime. Prime has distributed a $200 million dividend with a net payment to Africa Oil of $100 million related to its shareholding. Since acquiring its…
The Federal Government has directed the Nigeria Export Processing Zones Authority (NEPZA) and the Oil and Gas Free Zones Authority to fully digitalise their operations before the end of the year. Otunba Niyi Adebayo, Minister, Industry, Trade and Investment, who…
The Nigeria Extractive Industries Transparency Initiative (NEITI), said oil and gas companies liabilities to the Federation Accounts as at Dec. 31, 2020 was N1.32 trillion. Dr. Orji Ogbonnaya Orji, the Executive Secretary, NEITI made this known on Monday in Abuja…
Savannah Energy has signed a new gas sales agreement in Nigeria, via its Accugas subsidiary. Picture shows; Nigerian gas infrastructure. Nigeria. Supplied by Savannah Energy Date; Unknown The company has agreed to provide up to 5 million cubic feet per…
